Trump Lawyers Say He Can’t Make $464M Bond | The View

The View

20 Mar 202405:00

Summary

TLDRIn a lively discussion, the hosts of The View express disbelief and humor over the revelation that an individual, presumably Donald Trump, cannot raise $400 million for his bond in a New York fraud case. They speculate on whether Letitia James, the New York Attorney General, might take action against Trump Tower and discuss the unwillingness of lenders to provide funds due to past experiences with the individual's business practices. The conversation also touches on the reactions of Fox News personalities and the potential involvement of foreign entities like Russia and Saudi Arabia.

Takeaways

🤑 The individual in question is unable to post a $400 million bond for his New York fraud case due to lack of funds.
😂 There is a humorous and somewhat incredulous reaction to the news, with some unsure whether to laugh or cry.
🏦 Discussion about whether Letitia James, the New York Attorney General, might take action against Trump Tower.
💰 The individual's inability to secure loans in the country is highlighted, as he has a reputation for not paying his debts.
🌐 Concerns are raised about potential foreign involvement, with Russia and Saudi Arabia possibly being willing to lend money in exchange for influence.
👨‍👩‍👧 Jared Kushner, despite having significant wealth, is not expected to lend money to his father-in-law due to past experiences.
🏢 The individual's business practices are criticized, including his handling of casinos and the impact on contractors.
📢 Fox News personalities are mentioned as being upset that billionaires are not financially supporting the individual, despite their own reluctance to contribute.
🚨 A mention of Fox News' coverage of Mike Pence's decision not to support the individual, and its significance to conservative viewers.
🤔 Questions are raised about the legal requirements for the individual to disclose the sources of any financial support he receives.
📉 The individual's claims of being a billionaire are challenged, with suggestions that his actual wealth is significantly less.

Q & A

Why is the guest on the show discussing the inability to cover a $400 million bond?
-The guest is discussing the situation because it relates to a high-profile individual's legal troubles, specifically in a New York fraud case, and the inability to come up with the necessary funds for their bond.
What is the reaction of the show's hosts to the news about the $400 million bond?
-The hosts express a mix of disbelief and humor, with Whoopi Goldberg asking if she should be laughing or crying, and the others joining in with laughter and commentary on the absurdity of the situation.
Who is Letitia James mentioned in the script and what is her role in this context?
-Letitia James is the New York Attorney General, and the hosts are speculating about her potential actions in response to the individual's inability to cover the bond, suggesting she might take possession of Trump Tower.
Why is it difficult for the individual in question to secure a loan?
-The individual has a reputation for not paying his bills and for failed business ventures, which makes lenders hesitant to provide him with the necessary funds.
What is the significance of Jared Kushner's $2 billion in this context?
-Jared Kushner, Trump's son-in-law, is mentioned as having a significant amount of money, but the hosts suggest that he is unlikely to lend it to Trump due to his history of not paying debts.
What is the reference to 'the Golden Sneakers' and 'Trump University' about?
-These are references to business ventures associated with the individual in question that did not yield the expected profits, contributing to his current financial difficulties.
What happened with the Taj Mahal in 2016?
-The Taj Mahal, one of the casinos owned by the individual, went bankrupt, leading to unpaid contractors and significant financial losses for those involved.
How do the hosts feel about the potential placement of chains on Trump Tower?
-The hosts express a mix of anticipation and excitement about the possibility, viewing it as a form of justice for the individual's business practices and the impact on those who were not paid.
What is the discussion about Fox News and its hosts' reactions to the fundraising situation?
-The hosts discuss the irony of Fox News personalities criticizing billionaires for not donating to Trump's legal fund, despite their own network's financial issues related to election lies and the settlement with Dominion.
What does the conversation about Mike Pence reveal about his stance?
-The conversation reveals that Mike Pence, the Vice President at the time, chose not to support Trump in a particular decision or action, which was significant because it went against the expected party line.
What is the significance of the discussion about 'The Apprentice' and the perception of Trump's business acumen?
-The hosts use 'The Apprentice' as an example to highlight the public's misconception of Trump's business success, pointing out that his TV persona does not reflect his actual business record.

Outlines

00:00

🤑 Financial Troubles and the Trump Organization

The paragraph discusses the financial challenges faced by the Trump Organization, particularly the inability to come up with the $400 million needed for a bond in a New York fraud case. The conversation highlights the reluctance of lenders to provide funds due to past experiences with Trump not paying his debts, including his ventures like the Trump University, Trump Steaks, and his history of not paying contractors. The discussion also touches on the possibility of foreign entities like Russia and Saudi Arabia providing funds to gain influence, and the lack of support from even close associates like Jared Kushner.

Mindmap

Keywords

💡$400 Million Bond

The $400 million bond refers to a significant financial requirement in the context of a New York fraud case mentioned in the transcript. It is a form of security to ensure the fulfillment of legal obligations and is directly related to the financial stability and credibility of the individual involved, in this case, 'You-Know-Who'. The inability to come up with such a bond implies a severe financial constraint and potential legal jeopardy.

💡Letitia James

Letitia James is the New York Attorney General, mentioned in the transcript as a key figure in the legal proceedings against 'You-Know-Who'. Her role is to represent the state in legal matters and to ensure that justice is served. In this context, she is associated with the enforcement of the law in a high-profile fraud case.

💡Trump Tower

Trump Tower is a skyscraper in New York City that serves as the headquarters for The Trump Organization and contains luxury condominiums and retail space. In the transcript, it is referenced in a metaphorical sense to discuss the potential legal consequences 'You-Know-Who' might face, such as the loss or seizure of property due to financial inability to meet bond requirements.

💡Jared Kushner

Jared Kushner is mentioned as a person with significant financial resources, estimated to be around $2 billion. He is known as the son-in-law of 'You-Know-Who' and a former senior advisor in his administration. The transcript implies that despite his wealth, Kushner is unlikely to financially support 'You-Know-Who' due to the latter's history of not paying his bills.

💡Stiffing

Stiffing refers to the act of not paying workers or contractors for their services, which is a negative business practice that can lead to financial hardship for those who have been denied payment. In the transcript, it is used to describe the reputation of 'You-Know-Who', indicating a pattern of not fulfilling financial obligations to those who have worked for him.

💡Taj Mahal

The Taj Mahal is used in the transcript as an example of a business venture where 'You-Know-Who' operated multiple casinos, leading to financial cannibalization and ultimately causing harm to contractors who were not paid. It serves as an illustration of poor business decisions and the negative consequences they can have on individuals and businesses.

💡Fox News

Fox News is a conservative-leaning news channel mentioned in the transcript as a platform where certain individuals, such as Mark Levin, have expressed dissatisfaction with billionaires not financially supporting 'You-Know-Who'. The mention of Fox News highlights the media's role in shaping public opinion and the internal conflicts within political and media circles.

💡Dominion

Dominion is referenced in the context of a legal settlement with Fox News, where the network had to pay $800 million due to false claims made in support of 'You-Know-Who' during the election. This keyword highlights the repercussions that media outlets can face for spreading misinformation and the impact of such actions on public trust.

💡Mike Pence

Mike Pence, the former Vice President of the United States, is mentioned in the context of his decision not to support 'You-Know-Who', which is seen as a significant political move. His action is portrayed as a stand for principle, contrasting with others who are described as simply falling in line without question.

💡Koch Brothers

The Koch Brothers are referenced as influential political donors who have supported political figures like Nikki Haley but are not willing to lend financial support to 'You-Know-Who'. This highlights the selective nature of political funding and the考量 of potential return on investment in political support.

💡The Apprentice

The Apprentice is a reality television show hosted by 'You-Know-Who', which is mentioned to illustrate the perception of his business acumen. The reference points out the difference between his television persona and the reality of his business practices, questioning the credibility of his self-proclaimed success.

Highlights

Whoopi mentions that someone cannot come up with $400 million for their New York fraud case.

Laughter ensues as the topic is discussed.

Letitia James is brought up in the context of the case.

Discussion about the possibility of Trump Tower being taken away.

Jared is mentioned as having $2 billion, but is unlikely to lend it due to Trump's history.

Trump's history of not paying his bills is discussed.

The Taj Mahal and Trump's casino business are mentioned as examples of his poor business practices.

Excitement about the potential placement of chains on Trump Tower.

Fox News personalities are criticized for not donating to Trump's cause.

Alyssa mentions that Fox News is still paying off an $800 million settlement with Dominion.

Mike Pence's decision not to support Trump is discussed.

The reaction of Fox News hosts to Pence's decision is described.

Discussion about the Koch brothers supporting Nikki Haley instead of Trump.

Joy brings up the motivations of Saudi Arabia and Russia in potentially lending Trump money.

Questions about the legal requirements for Trump to disclose his financial sources.

Criticism of Trump's claimed business acumen and the reality of his financial situation.

The assertion that billionaires do not lend money to those who will not pay it back.