Trump's insurance company has to come up with a $175 million bond by Monday.
Donald Trump is heading for a 'world of hurt' unless he can come up with a $175 million bond by next Monday, a financial consultant has said.Jon Gabrielsen, an Atlanta-based market economist, told Newsweek that New York Attorney General Letitia James could easily claim cash in Trump's accounts if the former president fails to post the bond.
has refiled its paperwork as a result in an effort to get the process moving again.Gabrielsen said that Trump's companies would not be financially solvent if the 'float' required by all companies for daily expenses is seized by James.'If his bank balances are of an amount that would cover the $175 million I doubt cares about the impact of her seizing them upon his company.
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