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As Donald Trump’s legal woes continue, MSNBC legal analyst Glenn Kirschner tells The New Abnormal that the former president’s financial troubles are about to come to a head.
A federal judge on Thursday denied his appeal surrounding the E. Jean Carroll case, meaning he will have to come up with $91 million to appeal his rape defamation trial. He is also on the hook to pay up if he wants to appeal the $464 million judgment in his New York fraud case.
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“If he had just one property, one of his third-rate resorts or third-rate golf courses, just one, that was actually worth a billion dollars, he would have bondsmen and insurers beating down his door,” Kirschner tells The New Abnormal co-host Danielle Moodie. “But he doesn’t have, I don’t believe a property worth a billion dollars, or half a billion dollars, because then he could easily get a bond, but he can’t get a bond.”
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“We’re gonna know within days whether E. Jean Carroll’s lawyers will begin the process of trying to seize assets. I think he has about another two weeks in the big one, the half a billion dollar New York fraud case. So all of this is about to come to a head, and as I say, he’s gonna hit a financial brick wall,” he said. “This is not a flea market at which you haggle over the price of your appeal.”
Plus! Andy Levy speaks with Steven Monacelli, the Texas Observer’s Special Investigative Correspondent, about a new social network built on a vision of Christian supremacy in America that’s gaining traction with GOP politicians.
Listen to this full episode of The New Abnormal on Apple Podcasts, Spotify, Amazon and Stitcher.
