The one thing Judge Engoron got wrong about Trump

Barbara Jones has her eagle eye on every single one of DJT’s expenses.

Who can argue with anything in Judge Engoron’s decision yesterday? 

He is having Donald Trump return the $355 million he owes New York State. On top of interest and fees, and the $83.3 million he owes E. Jean Carroll, Trump is forced to come up with more than $450 million, half a billion USD, even as he stages his bunk appeals, which are almost certainly doomed to fail. 

Vanishingly few of even the obscenely richest robber barons have this much liquidity, or even enough unleveraged assets they can fire-sale to raise it. Michael Cohen, who turned in the Trump Org, which he once went to prison to protect, says Trump doesn’t even own a parking lot that’s not mortgaged up the waz.

To get the dough, then, Trump will have to ask banks for a bond. But what bank? Not only does any joint you’ve ever heard of anywhere, like Citibank or Chase, know what a bleakly bad bet he is; but any bank that works in New York City, a popular place for banks, is off limits to Trump, since he’s barred from doing business in the state for three years. As are his oldest sons, who are also on the hook for $4 million each. So who knows where the money will come from?