this post was submitted on 19 Feb 2024
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Michael Cohen — who long served as former President Trump’s personal lawyer and fixer — warned Sunday of the potential risk of sending Trump back to the White House with mounting legal fees and financial liabilities.

“We need to be very careful about him as a potential president because he is for sale,” Cohen, now an outspoken critic of the former president, said in an interview on MSNBC’s “The Weekend” on Sunday.

“He needs to figure out where he is going to raise $500-plus million over a short period of time,” Cohen continued.

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[–] [email protected] 9 points 8 months ago (1 children)

He has properties he can sell or mortgage. He's not like broke. He's for sale because he cares more about money than loyalty and duty to his country, that hasn't changed from his first term. It's not about the fines.

[–] [email protected] 2 points 8 months ago (1 children)

You think he owns all the properties with the trump name on them??? You think even if they're in his name that aren't all underwater due to the mortgages/ loans??

Interesting.

[–] [email protected] 1 points 8 months ago (1 children)

He licensed out his name to be used, so no he doesn't own "all" the properties with his name on them, but he owns "some" yes. And it's real estate, it has value.

The guy sucks and lies all the time, he is probably poorer than he says. That doesn't mean he has no money. And the asset he owns a lot of (real estate) has appreciated in value a good amount over the last 10 years, it wouldn't be "underwater" unless both the value went down and the loan didn't get paid off by as much.

[–] [email protected] 1 points 8 months ago

Haha dude ur under water any time what you owe is more than the property is worth. If you think Trump isn't leveraged to the tits I've got a bridge for ya.

For the stuff he owns and there aren't more creditors than value then maybe there's something but that's doubtful imo.