jordanlund ,
@jordanlund@lemmy.world avatar

Another unexplored angle would be getting multiple, smaller bonds.

Oh, nobody will loan you $464 million? How about finding 4 lenders at $116 million? Can you do that?

bisby ,

Thats not how loans necessarily work though. If I go to a bank and ask for $100m, but they see I already owe $350m to other lenders, they'll say no, because they know they arent getting paid back until after the other 3. So if they think trump has $450m in assets, just give him whole amount, and if they don't think he has that much, any money theyre giving him is just being thrown away.

This is a guy notorious for lying about his assets and not paying debts. Even giving him $125m is a bad idea, but the odds of getting paid back get even worse if you arent first in line.

azimir ,

But this isn't a loan. Federating together a large bond is a normal practice in the court system with high value bonds. All of the big bonding agencies are willing and able to do that kind of piece & part together a bond to distribute the risk.

Now, whether even that kind of distributed risk would work is another story. You don't do anyone for this person unless he pays up front. His entire business strategy is to get someone else to do the work or front the resources for a venture, then fail to pay up followed by suing everyone to make it too painful to work with him. He just burns through business relationships because he's nothing more than a leech that kills hosts that are foolish enough to touch his business operations in any way shape or form.

ramble81 ,

That’s why you put them under an NDA and do them all at the same time!

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