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Trump’s Lawyers Say He Can’t Post $464 Million Bond

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Lawyers for Donald Trump said in a court filing on Monday it is “impossible” for them to secure a $464 million bond to appeal New York’s fraud case against him, Axios reports.

Trump’s attorneys said he has approached 30 underwriters to back the bond, due end of the month, but none will agree.

If Trump can’t secure the bond as required by New York law, they may be unable to appeal the damages and interest they were ordered to pay.

Trump knew this judgment was coming, and his inability to obtain a bond suggests he is much less wealthy than he claims to be.
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goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

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