Donald Trump Filing for Bankruptcy [Election 2024] $464 Million Dollar Bond Strategy.
FULL TRANSCRIPT
Laticia James is ready to seize Donald
Trump's assets his plane his real estate
his Vehicles his businesses his rents
virtually everything if Donald Trump
doesn't post his $464 million Bond due
Monday March 25th
2024 which is already on extension now
Donald Trump has declared on Truth
social that he presently has about $500
million in cash available the problem is
cash available is different from cash
free and available let me explain that
from a finance point of view and then
explain why Donald Trump's best choice
might be to declare bankruptcy and no
this is not a bad thing for Donald Trump
even though it might sound like it's a
bad thing for Donald Trump it could
actually be the best most strategic move
Donald Trump could make and let's be
real he's not unfamiliar with bankruptcy
having utilized the strategy four times
in the past so let's first analyze cash
the problem with cash is even if you
have $500 million of cash available you
always from a finance point of view have
to ask available for what see businesses
have what are known as current
liabilities they have cash to cover
operating expenses for things like pay
well payrolls for individuals working at
golf courses golf course staff kitchen
staff Hotel staff Administration staff
lawyers contractors handy folks utility
bills and loan payments so the real
question is what is Donald Trump's free
and available cash see available cash is
one bucket but free and available is
something that's not encumbered by bills
that you got to pay you got a bunch of
look if you you got $5,000 of bills
sitting on your desk you got $5,000 in
your check-in account you don't have
$5,000 for a vacation you got $5,000 of
cash available to pay for $5,000 of
bills and then you back to freaking zero
in this damn economy okay that it means
you have $5,000 in cash but it's not
really free and available right now I'm
not saying that Donald Trump doesn't
have $500 million of free and available
cash I don't know none of us do but
here's why I believe that filing chapter
11 bankruptcy specifically for his $464
million Bond payment that is due now
essentially in his business fraud case
in New York this is a potential out for
him how because chapter 11 is a
corporate bankruptcy chapter and it does
not mean that Donald Trump has to stop
running his businesses see the beautiful
thing about chapter 11 bankruptcy is it
in Ables corporations to continue to
operate because you don't want the
damage of the corporations to get worse
so what is chapter 11 allow you to do it
enables something known as deor in
possession it essentially means that
Donald Trump could stay the seizure of
his assets while continuing to operate
his businesses business as normal paying
his other loans and current obligations
payrolls staff make sure people don't
get laid off make sure the business
doesn't collapse because the worst case
scenario is the business collapses and
then you definitely can't pay any debts
because you go into chapter 7
liquidation bankruptcy that's bad
chapter 11 is more whoa whoa whoa whoa
if one thing comes in and this goes
through like that $464 million Bond
payment everything collapses so let's
freeze everything keep the business
operating as normal freeze the seizures
and let's debate if these seizures are
even valid in the first place that is
what's done through the chapter 11
bankruptcy process a process that quite
frankly usually takes years now there
are some downsides with this one of the
downsides could be that generally a
bankruptcy trustee is assigned this is
essentially somebody that the court
appoints to make sure that the business
is still being operated in a way that
would minimize damage to potential
collectors in bankruptcy court however
even assigning a trustee would likely
take months for something as complicated
as Trump's case probably 6 months to
maybe even a year just to find a proper
trustee who could actually supervise
Donald Trump's various different
businesses so I don't actually see a
bankruptcy trustee being an issue
because even that alone gives Donald
Trump what he needs most
time so when people argue that oh but if
Trump files chapter 11 there'll be a
bankruptcy trustee so it'll still buy
him time now some people argue oh no no
no Trump wouldn't file bankruptcy
because that would wave attorney client
privileges no that is uh neither that
easy nor is it automatic in chapter 11
bankruptcy cases yes attorney client
privileges can be waved if those
attorney client privileges are being
utilized to further a fraud in other
words if a fraud is ongoing and the
attorney is sort of conspiring with the
client to keep the fraud going yes you
could pierce the corporate or the
attorney client privilege Veil so to
speak just like you can also separately
Pierce a corporate veil that's a
separate
topic but it would be argued here that
Donald Trump and his attorneys are
simply trying to prevent a bankruptcy
from actually getting worse by
immediately having to pay cash for this
bond which would potentially collapse
businesses and so the chapter 11
bankruptcy protection might actually be
deemed justified in coming up with some
form of payment plan or something that
wouldn't potentially collapse businesses
or sell real estate at the bottom of a
real estate cycle where office real
estate is devastated right now therefore
it's
unlikely trustee assignment would be a
downside for Trump it's
unlikely that the piercing of a attorney
Clan privilege would actually occur
instead it is most likely that filing
chapter 11 bankruptcy would give Donald
Trump exactly what he needs and this is
why I believe Donald Trump will do
exactly this Donald Trump needs one
thing and one thing only folks he needs
time no he doesn't need life insurance
though I always recommend everybody
watching my videos make sure they get
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cheap on a daily basis for us and we're
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no Donald Trump doesn't need life
insurance probably already has that but
if he doesn't he should use this company
paid sponsorship Donald Trump needs time
there are few reasons Donald Trump needs
time one of the reasons Donald Trump
needs time is to achieve the appeal that
he is looking for and success on his
appeal for his business fraud case
winning an appeal would eliminate the
need for him to pay the bond because the
case would get thrown out or set up for
retrial obviously subject to the
potential risk of being deemed like case
of Double Jeopardy but that's a topic
for a different video as well now Donald
Trump has already secured a bond for his
personal defamation case against Jean
Carroll that's following her allegations
of sexual assault which of course Donald
Trump called fake news and so on and so
forth Donald Trump secured about a $91
million bond for this that's already
done that's handled but winning an
appeal on his business fraud case would
eliminate the need to pay a $464 million
bond that would be nice for Donald Trump
so each time to get that appealed
process which could take one to two
years conveniently as long as chapter 11
bankruptcy might take the second reason
Donald Trump needs time is because
Donald Trump could get a potential
multi-billion doll
windfall when and if he's actually able
to liquidate shares in the Trump Media
Group the Trump Media Group is going
public via something fancy known as a
reverse merger it's merging with this
ticker symbol d w a c that's a blank
check company that is taking the Trump
uh Media Group
public and this after about 6 months
after the merger date that's called post
lockups in the finance world after that
Donald Trump might be able to actually
sell shares on the public market that is
in English basically 6 months after the
merger completes Donald Trump might be
able to
go swipe up baby and sell stocks okay he
could potentially sell billions of
dollars of stock in this particular
ticker symbol it's called dwac now back
when this ticker was worth over
$150 I actually went on Newsmax while I
was running for governor in California
and Newsmax is like Kevin you're talking
crap about Gavin Nome come on our show
so I regularly went on their show and I
told them wac won't stay at $150 it's
going back to 10 sure enough it did go
back to 10 that was not being anti-trump
it was simply
understanding the spa world now there's
a problem with this this is why I'm
bringing this up I do not think that
this valuation for dwac will sustain
itself long enough for Donald Trump to
actually sell billions of dollars worth
of shares however there is a chance and
so if Donald Trump can get through the
next 6 months after a merger and he
could start selling shares here and
there's enough liquidity for him to do
it on the market again I don't think
there will be but if there is he'll
actually be able to C
like essentially get a lot of money from
this ticker symbol going public so again
he needs time for that likely at least 6
to eight months the third thing he needs
time for is to become president because
if Donald Trump becomes president he
could potentially pardon himself he will
likely do that now that is untested
legally but again it will set up another
Court fight which again will give him
more time for his appeal to go through
or for D to make him a lot of money by
the way this stock trading app right
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day anyway Democrats say that Donald
Trump filing bankruptcy would be
horrible for Donald Trump I actually
highly agree with it or disagree with
this I actually think filing bankruptcy
via chapter 11 would be very powerful
for Trump because Donald Trump would be
able to argue look we are going to use
the law to fight in of course his point
of view evil Donald Trump is going to
use the law to fight Leticia James he's
going to use the law to continue
operating his business for at least a
couple more years and at the same time
he's going to take Leticia James to
court and make her fight for it because
I could see him saying something like
this look at America an American
entrepreneur businessman your former
president needs to go bankrupt because
somebody who wanted to get Trump is
succeeding in New York courts well we're
not going to let him get it that easily
Maga election interference this is a
tool to fight Leticia James I want to be
clear please consider that this phrase
that I came up with is just a phrase
that I think Donald Trump might consider
using he would have different language
for it I know that but I I'm I'm trying
to be as unbiased as possible here in
saying and acknowledging this
possibility because I predict that this
is exactly what Donald Trump is going to
do now not all of my predictions work
out I do try to make predictions that I
think are likely to happen I think this
is not only likely but I think this is
probable now there is also a chance that
Donald Trump somehow comes up with a
bunch of money through third party
backers or other you know groups that
end up wanting to guarantee that Donald
Trump will pay this money and basically
be the bond for him he's already tried
30 different bond companies none of that
has worked the last thing he wants is to
see seizures he doesn't want his play
and seized his business is seized that
would be even worse he does not want to
see the rents of his portfolio get
seized he does not want to see that
bankruptcy by a chapter 11 does not mean
he is bankrupt means he's in the
bankruptcy process those proceedings
take years and again what does Donald
Trump need time he needs time and by
winning time what does Donald Trump get
to do greater likelihood of making it to
the election which means he could
potentially pardon himself if he wins
truth socialist back gives him money or
the appeals case goes through he needs
time he doesn't have time right now the
deadline is now so he must file Chapter
11 that's my opinion I actually think
it'll be politically powerful for him
although of course Democrats will rail
against him and again my goal here on
this channel is to be as politically
neutral as possible I understand that is
very difficult to do in today's day and
age but that's my goal I also like to
break down my thoughts over at ec.com
and of course when I send alerts for
trading stocks it's always in the stocks
and psychology of money group they do
also check out the gold course which is
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courses over at eag.com including my Ser
millionaire real estate investing
courses thank you so very much for
watching get that life insurance get
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down below and we'll see you in the next
one goodbye thanks so much advertising
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feel like nobody else knows about this
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see how it goes congratulations man you
have done so much people love you people
look up to you Kevin PA there financial
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