Trump’s Court Fine Tests His ‘King of Debt’ Title

“Donald Trump dubbed himself the ‘King of Debt’ when boasting about how his business empire survived hard times, but a pair of big trial court losses this year are putting that moniker to the test,” Bloomberg reports.

“The former president owes about $540 million from two recent verdicts, a number that exceeds even some of the biggest loans he’s taken out for his real estate empire. Trump is now a so-called judgment debtor, leaving him few options for avoiding or delaying those payments while he challenges them in court.”