Letitia James gets bad news about Trump property she wants

Contributing sentiments towards policy:

57% : This comes as Forbes issued its 2024 Billionaires list on Tuesday, ranking Trump as the 1,438th-richest person globally, with a net worth of $2.3 billion, accounting for all assets minus liabilities.
41% : Trump, facing millions in legal fines and saddled with the dwindling asset, could find himself in a conundrum that complicates any straightforward asset seizure by James.
41% : Trump does not own the land beneath the tower but instead pays rent to a family with long-standing ownership, Forbes said.
41% : The option to default would potentially leave the problem to bondholders of the loan, Forbes noted, but it would still offer Trump a way out.
36% : With the loan maturing in 2025, Forbes' staff outlined a scenario in which bankruptcy could allow Trump to potentially sidestep the full impact of his creditors' demands, given his personal guarantee on the loan is capped at $26 million.
34% : Trump on Monday posting a $175 million bond in the New York civil fraud case, preventing the state from seizing his assets while he appeals the ruling.
26% : In February, Judge Arthur Engoron ruled in favor of James's lawsuit against Trump, sons Eric Trump and Donald Trump Jr., and The Trump Organization over allegations that the former president inflated the value of his properties and his own net worth by billions of dollars on financial statements provided to banks and insurers to make deals and secure loans.

*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.