This could bankrupt Donald Trump
When Donald Trump lost $5 million to E. Jean Carroll in their first trial, it was a big deal and a huge vindication for her. But financially speaking, it wasn’t the end of the world for Trump. Although his financial house of cards is collapsing, $5 million was the kind of money he could raise from his gullible supporters.
However, Trump’s second E. Jean Carroll trial could end up being a different beast entirely. Legal correspondent Jacob Shamsian says that this second trial is going “even more disastrously bad” for Trump than the first one did, and that the “absolutely massive” damages could be enough to “bankrupt” Trump.
What would it take to bankrupt Donald Trump? That depends on just how bad his ongoing financial collapse is. This is a guy who claims to be a billionaire, but most of his properties seem to be upside down. This also comes as we’re waiting for the verdict in Trump’s New York fraud trial, which should arrive in 2-3 weeks and could also bankrupt Trump. At this rate it may be a question of which trial bankrupts Trump first – and that’s before getting to his criminal trials, which will put him in prison.
