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Salon

Politics

Will Thomas

What if Trump can't get a $454M loan?

Donald Trump Trump Organization New York E Jean Carroll Will Thomas

Lawyers for Donald Trump on March 18, 2024, told a New York court that the former president has been unable to secure a US$454 million bond as he appeals a New York civil fraud ruling against him.

Their “diligent efforts” reportedly involved approaching about 30 bond companies, which all said “no.”

Time is running out for Trump, who has until March 25 to either secure the bond, known as an appeal bond, or pay that amount himself in cash.

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