Donald Trump appeals $454 million judgment in New York civil fraud case
NPR Online NewsFEB 2024
Trump's in this predicament because he lied about his wealth and success for decades, so it shouldn't be a surprise to him that insurance companies now see him as a loan risk. This is business karma for Trump, who should lose his skyscrapers and golf resorts as a penalty for fraudulent behavior.
Even Trump's enemies must admit this was an absurd judgment that resulted from a judge making an unprecedented and arbitrary ruling as part of the political witch hunt against the former president. This judgment, and Trump's struggles to post bond, should be a warning to businesses considering investing in New York.