A New York appeals court on Monday agreed to hold off collection of former President Donald Trump’s $454 million civil fraud judgment — if he puts up $175 million within 10 days.
If he does, it will stop the clock on collection and prevent the state from seizing his assets while he appeals.
Delay. Delay. Delay.
If you owe the bank $100 you have a problem. If you owe the bank $100k, the bank has a problem.
This statement is way out of date due to inflation.
Probably on the order of tens of millions before the bank has a problem. Billions, if it’s one of the bigger banks.