Trump, the self proclaimed “King of Debt” is scrambling now to get banks to issue him a letter of credit on his assets and a bonding company to issue 2 appeal bonds worth over $600 million dollars all in the next several days. Michael Popok breaks down the bonding process, the $1 BILLION in assets he will need to pledge to get the bonds, and the tens in millions in fees he has to pay, or else his assets could be sold off including his Penthouse in Trump Tower.
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