The news of yesterday was that Treacherous-treasonous-tantruming-traitorous-Trump is only required to put up a bond of $175 mil, and he has 10 more days in which to do it. Trump gets breaks that the super wealthy get, but mostly we don't see it. Here we do. It stinks!
Excellent, informative article. But it underscores how well and easily Trump’s grifts continue to work for him. Maybe not easily in layman’s terms. Just the fact that few other people - immoral, amoral, should-be-in-jail lawbreakers - can continue an open con, abetted by millions of cult members, including high-placed judges and the like.
And it continues with the court’s insane, no-reason reduction of the bond to 175 million with an extra ten days to secure it. Absolutely incredible the lengths courts and others bend over backwards to help this enemy of society. He’s worse than Al Capone and being treated much better for no reason whatsoever.
If I were Trump I would get out of Real Estate and stick with Virtual scams. It appears the SEC and the Justice systems in America is a better place to avoid consequences through time. Crime does not pay as well as Time.
DJT (aka Trump Media & Technology Group Corp, aka Truth Social) drops to it’s 2024/03/22 price, wiping out all the gains since merger, less than 50% of its recent peak of $79.
This wipes out anyone still holding from a purchase from 2021/10/22-2022/06/10 when it was trading in the $43-97 range.
Probably not a good idea to take shares as collateral for anything.
Forbes reports it has a book value of less than $2/share, down from the $10 initial buy-in which was only worth $8.
Trump's Good News: his share of Truth Social could be worth approx 3.6 Billion dollars.
Trump's Bad News: by the time he can sell any, it will probably be worth approx 464 Million dollars.
The news of yesterday was that Treacherous-treasonous-tantruming-traitorous-Trump is only required to put up a bond of $175 mil, and he has 10 more days in which to do it. Trump gets breaks that the super wealthy get, but mostly we don't see it. Here we do. It stinks!
True!
Excellent, informative article. But it underscores how well and easily Trump’s grifts continue to work for him. Maybe not easily in layman’s terms. Just the fact that few other people - immoral, amoral, should-be-in-jail lawbreakers - can continue an open con, abetted by millions of cult members, including high-placed judges and the like.
And it continues with the court’s insane, no-reason reduction of the bond to 175 million with an extra ten days to secure it. Absolutely incredible the lengths courts and others bend over backwards to help this enemy of society. He’s worse than Al Capone and being treated much better for no reason whatsoever.
Thanks Michael!
Excellent journalism, Ms Dye
If I were Trump I would get out of Real Estate and stick with Virtual scams. It appears the SEC and the Justice systems in America is a better place to avoid consequences through time. Crime does not pay as well as Time.
Great story. I followed the accounting - but I'm an accountant. Hope others see it clearly.
Thanks!
I posted to FB with tag #FloridaManGrift
Funny the hashtag #tiktokban is still on there.
Update:
DJT (aka Trump Media & Technology Group Corp, aka Truth Social) drops to it’s 2024/03/22 price, wiping out all the gains since merger, less than 50% of its recent peak of $79.
This wipes out anyone still holding from a purchase from 2021/10/22-2022/06/10 when it was trading in the $43-97 range.
Probably not a good idea to take shares as collateral for anything.
Forbes reports it has a book value of less than $2/share, down from the $10 initial buy-in which was only worth $8.
https://www.forbes.com/sites/johntobey/2024/04/07/a-disappointing-trump-media-stock-djt-analysis/
https://substack.com/@arpie4math/note/c-53470061