More bad news tonight for Rudy Giuliani
Rudy Giuliani is indicted, awaiting criminal trial, broke, and senile (come to think of it, that all describes his pal Donald Trump as well). But because the big financial hammer dropped on Giuliani a bit sooner than it dropped on Trump, Giuliani is now at that stage where his assets are in the process of being taken away from him – and it’s getting ugly.
Giuliani filed bankruptcy as a way of trying to fend off all his other creditors in the wake of a devastating civil verdict against him. His plan was apparently to sell his New York property and move to his Florida property so that he could hang onto the latter as his primary residence, no matter how bad the financial squeeze got.
But as it turns out, Rudy’s creditors are also coming after his Florida home, according to new court filings. If this succeeds, Rudy could end up being left without any of his current properties and could be forced to find something much cheaper. Of course he’s going to prison, so he won’t need a home anyway.
What’s remarkable is that Trump is on track to go through all the same things that Giuliani is currently going through. Trump will presumably end up having to file for bankruptcy. He’ll try to hang onto his Florida home of Mar-a-Lago even while giving up his New York home of Trump Tower, but creditors will still likely come after Mar-a-Lago.
Donald Trump doesn’t have some unique magic wand for fending off any of this. He’s simply a few steps behind where Rudy Giuliani currently is when it comes to financial trials. Come to think of it, given that Trump’s first criminal trial will begin before Rudy’s first criminal trial, Trump is arguably in the worse shape of the two.
