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Old 01-21-2021, 04:47 AM
 
Location: singapore
1,869 posts, read 1,827,714 times
Reputation: 580

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If he faces lawsuits will it make him bankrupt ?

 
Old 01-21-2021, 04:57 AM
 
Location: Honolulu, HI
24,636 posts, read 9,464,279 times
Reputation: 22979
He has a 6 figure presidential pension, paid by you.

I think he'll be fine.
 
Old 01-21-2021, 04:58 AM
 
Location: singapore
1,869 posts, read 1,827,714 times
Reputation: 580
Quote:
Originally Posted by Rocko20 View Post
He has a 6 figure presidential pension, paid by you.

I think he'll be fine.
Nope I don't pay taxes to America... I hold a sg passport... And Sg don't allow dual nationality for your info.

Whether 6 figures is sufficient for all the lawsuits if he need to pay is hard to say
 
Old 01-21-2021, 05:01 AM
 
Location: Honolulu, HI
24,636 posts, read 9,464,279 times
Reputation: 22979
Quote:
Originally Posted by singaporelady View Post
Nope I don't pay taxes to America... I hold a sg passport... And Sg don't allow dual nationality for your info.

Whether 6 figures is sufficient for all the lawsuits if he need to pay is hard to say

Well gee, I guess he'll have to sell his assets worth billions or ask his in-laws for money, who are worth 9 figures.


I'm sure that will be enough.
 
Old 01-21-2021, 05:03 AM
 
Location: Annandale, VA
6,995 posts, read 2,709,255 times
Reputation: 7182
Quote:
Originally Posted by Rocko20 View Post
He has a 6 figure presidential pension, paid by you.

I think he'll be fine.
.... and a million dollar travel budget per year and stipend for setting up an office.
 
Old 01-21-2021, 05:03 AM
 
Location: Tucson/Nogales
23,223 posts, read 29,051,044 times
Reputation: 32633
You'll know full well when he's down to his last millions, as that'll be when Melania cashes in on the pre-nup settlement. She knows full well when Ivana divorced him, he was so broke he had to beg, beg, beg to come up with the $20 million pre-nup agreement.

I'm sure Melania is watching his finances like a hawk.

The millions he'll be spending is on lawyers to defend him against a whole array of lawsuits.
 
Old 01-21-2021, 05:05 AM
 
51,654 posts, read 25,828,130 times
Reputation: 37894
Quote:
Originally Posted by singaporelady View Post
If he faces lawsuits will it make him bankrupt ?
Lot of speculation on this.

Trump has a history of inflating his actual worth, and well, things have not gone well for the Trump organization recently.

Deutsche Bank has been trying to sell off their Trump loans and have indicated they will no longer be bankrolling him.

Trump has several hundred million coming due in the next few years. How that works out will likely answer your question.

Last edited by GotHereQuickAsICould; 01-21-2021 at 05:16 AM..
 
Old 01-21-2021, 05:05 AM
 
Location: Pennsylvania
31,340 posts, read 14,270,262 times
Reputation: 27863
Quote:
Originally Posted by singaporelady View Post
If he faces lawsuits will it make him bankrupt ?
Again here...

Why do you care?

Trump will be fine.
 
Old 01-21-2021, 05:06 AM
 
Location: Annandale, VA
6,995 posts, read 2,709,255 times
Reputation: 7182
Quote:
Originally Posted by tijlover View Post
You'll know full well when he's down to his last millions, as that'll be when Melania cashes in on the pre-nup settlement. She knows full well when Ivana divorced him, he was so broke he had to beg, beg, beg to come up with the $20 million pre-nup agreement.

I'm sure Melania is watching his finances like a hawk.

The millions he'll be spending is on lawyers to defend him against a whole array of lawsuits.
The total dollar amount of any potential lawsuit is a "rounding error" for Trump. He has the funds to quash any gold-digging bimbo.

Any lawsuit filed against his business will be settled with a fine. He won't have to liquidate anything.
 
Old 01-21-2021, 05:06 AM
 
Location: singapore
1,869 posts, read 1,827,714 times
Reputation: 580
Quote:
Originally Posted by BeerGeek40 View Post
Again here...

Why do you care?

Trump will be fine.
You are not sounding very friendly to a foreigner...
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