Former Trump lawyer Rudy Giuliani files for bankruptcy protection, lists more than $100 million in debts
CNBCDec 22, 2023
Giuliani Files for Bankruptcy Following $148M Defamation Judgment
Image copyright: Gage Skidmore/Flickr [via Wikimedia Commons]
The Facts
On Thursday, Rudy Giuliani, the former personal lawyer to former US Pres. Donald Trump, filed for bankruptcy in the aftermath of last week’s defamation verdict ordering him to pay $148M.
Ted Goodman, a political adviser to Guiliani, said the filing “should be a surprise to no one” considering the “high punitive amount” awarded to two Georgia election workers who received death threats and suffered other harm after Giuliani accused them without proof of tampering with the 2020 presidential election.
The Spin
Pro-Trump narrative
This case was an extension of the many political assaults on Trump and his associates, and If it wasn’t for this destructive judgment, Giuliani would be quite comfortable financially. The former Trump lawyer had to make this filing in order to protect himself and those he owes more reasonable sums of money after the biased judge allowed the plaintiffs to immediately go after Giuliani’s assets.
Anti-Trump narrative
Unfortunately for Giuliani, he’s just the latest in a long line of people who’ve fought on Trump’s behalf and come out the other end with their reputations and lives in shambles. Once beloved by a large swath of the US, Giuliani lied and defamed people on Trump’s behalf, and Trump left his lawyer high and dry financially and politically.