As The Clock Ticks...*

'He's going to clobber them': Legal expert says fraud ruling will be 'major hit' to Trump https://t.co/GzlZb4aJvh

— Raw Story (@RawStory) January 30, 2024

 "Bottom line, so ... Letitia asked for $370 million having originally had a $250 million figure," said Litman. Personally, he suspects Justice Arthur Engoron, who is presiding over the case, will be closer to $250 million than $370 million, but "right now he's going to clobber them without a doubt and already be looking forward to the appeal and trying to, you know, prevent reversal."

With regard to the monitor of the Trump Organization, Barbara Jones, Litman said that "she's just there to make sure he doesn't do any funny business while this is under adjudication, so she's not trying to find crimes, but she did find that the Trump Organization is really 250-plus different entities all in an umbrella in a trust out of Florida. But with that aside, I'm looking for Engoron — we talked about the aftermath of the E. Jean Carroll case. It'll be like that times four in terms of its impact on Trump and the kind of bond he'll have to put up to appeal."

"Both the A.G. or the State of New York doesn't get the money right away," he added. "Maybe E. Jean Carroll doesn't. But Trump has to part with it fairly soon and that is a major, major hit."

Trump has to part with it within 30 days of the judgment being entered, as an appeal bond.  After 30 days, no bond and the state of New York makes demand.

He couldn't get a $5 million bond; there's no way in hell he's getting one for 50 times that amount.  And the fact he sought a $5 million bond argues against him having that much cash in the couch cushions.

Stick a fork in 'im, he's done! 

*I actually have an old hearth clock, once the property of my great-grandfather, ticking away on my desk above my computer.  Ain't technology grand?