'Can’t just pull bricks out of a building': Analyst explains how Trump will likely pay legal bills
20 February 2024
Writer E. Jean Carroll's lawyer Shawn Crowley on Monday told MSNBC's Jen Psaki that the veteran journalist's legal team is "watching" Donald Trump to "make sure" the $83 million in damages the judge ordered him to pay Carroll is paid.
MSNBC's Lawrence O'Donnell asked analyst and Bloomberg Opinion Executive Editor Tim O'Brien about the ways the former president could potentially go about paying hundreds of millions in legal bills, considering Trump was also just ordered to pay nearly $400 million in his New York civil fraud case.
"He probably has that in cash that he can dig into," O'Brien said, referring solely to the order to pay Carroll $83 million. "The problem is going to be when the next several hundred million dollars in judgments comes along. That's going to stress the assets that he's got on hand, that cash that he can dig into. Everything else he has is land and real estate. You can't just pull bricks out of a building, and take a few hundred million out of one building there, a few hundred million out of a building there.
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O'Brien continuted, "He's going to have to sell off big pieces, possibly in a whole, of things that he owns in order to pay up. And he's going to be really stretch to do that. They're going to be banks who are going to be reluctant to lend him money because he is a very public reputational problem and legal problem now. He's just gonna be in a corner. There's no easy way out for him if the lawyers and the courts get aggressive and starts filing liens on his properties."
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