Here’s the thing about Donald Trump posting bond today in the E. Jean Carroll case
Donald Trump posted a bond today of more than $90 million dollars in his E. Jean Carroll verdict. This wasn’t necessarily surprising. Trump owns a number of properties, and while he’s deeply in debt on most of them, there was likely still some equity in there somewhere. I said it was realistic to expect that Trump might be able to come up with the bond in this smaller Carroll verdict, but not in his much larger New York civil fraud bond. And here we are.
There is already a frenzy on social media about how the company that provided the bond allegedly has Russian ties. We’ll see how that plays out. But keep in mind that Carroll’s attorneys and the judge are not hapless rubes. If there is any funny business with this bond, they’ll quickly suss that out, and reject it accordingly.
Even if this bond is legitimate, Trump will still have to come up with a roughly half a billion dollar bond later this month if he wants to avoid the start of the collection process. Tick tock.
