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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Halls of Shrewd'm / US Policy
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Author: weatherman   😊 😞
Number: of 84359 
Subject: Re: Trump's $364 Million Dollar Civil Fraud Judgm
Date: 02/16/24 9:30 PM
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i dont think trump will get a 9% appeal bond rate.
this is not transacted by the government, but by a 3rd-party that sets the rate. estimates seem to be in the 20% rate, but these do not seem to be coming from financial institutions that actually want to do business with trump. (i.e., the risk of having to sue\jail him to get the rest is exactly what public courts and prior lenders want to avoid)

but there is hope! Axos bank CEO is a friend of MAGA , has made recent loans to Trump Org., and cares not much regarding public shareholder governance.

if you ask me, trump should just get it from musk or putin, who are both 2-3 orders of magnitude wealthier than trump. (and by trump logic, that much smarter and better looking) after all, what's a 2X premium for laundered money evading sanctions?

(and there is always that stench of the DWAC IPO fleecing someone may lend against)
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This community has written 84,309 posts about US Policy. The article-length ones it recommended most:
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