Michael Cohen ā€” who long served as former President Trumpā€™s personal lawyer and fixer ā€” warned Sunday of the potential risk of sending Trump back to the White House with mounting legal fees and financial liabilities.

ā€œWe need to be very careful about him as a potential president because he is for sale,ā€ Cohen, now an outspoken critic of the former president, said in an interview on MSNBCā€™s ā€œThe Weekendā€ on Sunday.

ā€œHe needs to figure out where he is going to raise $500-plus million over a short period of time,ā€ Cohen continued.

  • Dkarma@lemmy.world
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    9 months ago

    You think he owns all the properties with the trump name on them??? You think even if theyā€™re in his name that arenā€™t all underwater due to the mortgages/ loans??

    Interesting.

    • OldWoodFrame@lemm.ee
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      9 months ago

      He licensed out his name to be used, so no he doesnā€™t own ā€œallā€ the properties with his name on them, but he owns ā€œsomeā€ yes. And itā€™s real estate, it has value.

      The guy sucks and lies all the time, he is probably poorer than he says. That doesnā€™t mean he has no money. And the asset he owns a lot of (real estate) has appreciated in value a good amount over the last 10 years, it wouldnā€™t be ā€œunderwaterā€ unless both the value went down and the loan didnā€™t get paid off by as much.

      • Dkarma@lemmy.world
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        9 months ago

        Haha dude ur under water any time what you owe is more than the property is worth. If you think Trump isnā€™t leveraged to the tits Iā€™ve got a bridge for ya.

        For the stuff he owns and there arenā€™t more creditors than value then maybe thereā€™s something but thatā€™s doubtful imo.