Trump May Have to Hold 'Fire Sale' for His Assets

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Trump May Have to Hold 'Fire Sale' for His Assets
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Trump said he's had to liquidate real estate properties to post a bond needed to appeal a $454 million civil fraud judgment.

Donald Trump said he may have to hold a 'fire sale' for his assets to appeal the $454 million civil fraud judgment against him.On Tuesday, Trump wrote in a Truth Social post that he would be 'forced to mortgage or sell Great Assets, perhaps at Fire Sale prices' if he is going to fight the judgment in New York Attorney General Letitia James' lawsuit against him.

In another post, he said: 'I shouldn't have to put up any money, being forced by the Corrupt Judge and AG, until the end of the appeal. That's the way system works!'Insurance broker Gary Giulietti, who testified for Trump during the fraud trial, signed an affidavit submitted to the court Monday that said it was 'a practical impossibility' for the former president to obtain the bond since none of the biggest underwriters would be comfortable accepting real estate.

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