Fox Business Network host Larry Kudlow asked Shark Tank star Kevin O’Leary point-blank on Tuesday if he’d loan Donald Trump nearly a half-billion dollars in order to appeal the ex-president’s New York bank fraud case, saying it would “protect America’s name.”
O’Leary essentially ignored Kudlow’s plea, despite saying hours earlier that the penalty against Trump was an “attack on America.”
With just days to go until New York Attorney General Letitia James can start seizing Trump’s assets to pay off the massive $464 million judgment handed down in the case, the former president’s lawyers said that no corporate underwriter was willing to post a bond for his appeal.
“The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,” Trump’s attorneys wrote on Monday, adding that they’d been rejected by “about 30 surety companies through 4 separate brokers.”
Trump, having already secured a $91.6 million bond for the E. Jean Carroll judgment earlier this month from insurance giant Chubb, is now essentially admitting he doesn’t have the liquid assets left to back another massive bond.
Larry Kudlow personally asks Kevin O’Leary to loan Trump the $464 million bond he’ll need to appeal the New York civil fraud case, “in order to protect America’s name, think of it that way.”
O’Leary never answers that one, instead says the Supreme Court needs to intervene. pic.twitter.com/yV7kSNBUb3
— Eric Kleefeld (@EricKleefeld) March 19, 2024
With the ex-president crying about the “un-American” judgment that he’s obviously unable to pay, Trump’s former White House economic adviser looked to drum up some cash on his ex-boss’s behalf.
source: yahoo