Trump earn out
- Thread starter Rock98Dog
- Start date
Let's say you had $50,000 in cash. They set bond for you at $50,000. Would you take your $50,000 in cash and tied it up in a bond?
And yet he did and she couldn’t seize his property. That had to be heartbreaking for you.
Couldn't let the opportunity pass to remind you guys that I really, really love me some trump chum.
Let's say trump is worth 6 billion. $450 million in cash? That's less than 8%. You Godless lying trumptard oath breaker. But you're just a trumptard ignoring the fact that your orange jesus testified under oath that he had in excess of 400 million in cash. You calling him a liar? You stupid punk. His bond was reduced to $175 million and STILL had to have someone cover that amount. You...stupid...lying...trumptard.
He had to have someone else cover the cash bond.
It's YOUR fault that your stupid. You Godless lying trumptard.
Yeah, people use bonding agencies when they don't have enough money to cover it.
It's not his fault. Clearly it's genetic. His parents must have been huge morons and this is what you get when idiots out wayne inbreed.
Or you don't tie up your cash or assets. Are you dense? Really, why would any attorney or anyone advise him to hand the State of NY his cash or assets?
You are a dumbo.
You're not tying up your cash if you have to use 3% of your $6 billion net worth. idiot
No. But no one has to ask that question of you, it's well known.
Hey Godless trumptard, your orange jesus had trouble getting someone to cover his $175 million bond after he's claimed to be worth 6 billion.
You're not tying up your cash if you have to use 3% of your $6 billion net worth. idiot
That is $180 million. But, you still don't understand net worth.
Let's say someone has a net worth of $1.5 million. They have a house worth $250,000, Savings account with 50k and the rest is their 401k plan and profit sharing where they have worked at a company for 30 years.
Where is most of their net worth? Yes, correct. It is in their retirement plan and house(and that is assuming it is paid off). Do you see what 3% cash would do to them?
And, you will still use a bonding agency under a bond scenario. You wouldn't hand over $180 freakin' million to the state.
Never seen someone as proud of their stupidity as Greed.
Does extra just not understand that cash is only a component of net worth?
Trump is a real estate developer. Not counting his new DJT fortune, I would say at least 90% of his net worth is comprised on real estate equity and contract value.
Trump is a real estate developer. Not counting his new DJT fortune, I would say at least 90% of his net worth is comprised on real estate equity and contract value.
How could he understand? His assets only include some rusty tools and a Ford Econoline cargo van with a leaky exhaust.
You're too stupid to realize you're an idiot.
You're guessing, but since you're guessing, what's that other 10%??
A combination of enterprise value, personal property, FF&E (given the opulence of his properties, I would guess 10 of millions in furniture and art work), and some cash and stock.
What you fail to understand it that you can’t take working capital to zero by tying up all your cash. I would say a business the size of Trump’s spends $3-4 million per day. That means he has to keep $200-300 million cash on hand just to pay bills and cover payroll. Of course understanding that means you have to understand the cash conversion cycle as it relates to real estate, so you just do you and be ignorant.
