He could then be President of the United States; he could then be a convicted criminal serving time behind bars; or, given his advanced age, Carroll may be forced to reckon with his estate. Any of these developments could substantially complicate collection efforts here.

  • Endorkend@kbin.social
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    4 months ago

    He’s over leveraged to extremes and even his tangible assets, like hotels and resorts, probably aren’t worth enough to cover the 400M package if, if sold.

    His “I’m a billionaire” shtick was always ethereal at best and a straight up lie to boost the perception of his net worth at minimum.

    The bizarre thing with Trump isn’t finding out he’s far from as wealthy as he and his family like people to believe, but that he’s always been able to sucker some new money source into covering his debts with the banks.