NEW YORK: Donald Trump is anticipated to spend his Monday morning within the courtroom of a New York decide who may quickly preside over his legal trial and, finally, throw him behind bars. And that is not even the authorized predicament that worries Trump most that day.The listening to in his Manhattan legal prosecution – through which he’s accused of overlaying up a intercourse scandal to pave his option to the presidency – comes as he races to fend off a monetary disaster arising from a $454 million judgment in one other case.New York Legal professional Normal Letitia James, who introduced that civil fraud go well with towards the previous president and his household enterprise, may start to gather as quickly as Monday.To keep away from a mortal menace to the Trump Organisation, Trump should persuade one other firm to publish a bond on his behalf, promising that it’ll cowl the judgment if he loses a pending attraction and fails to pay. But Trump’s attorneys in courtroom papers stated that securing the bond can be a “practical impossibility”, as a result of he would wish to pledge about $550 million in money and liquid investments as collateral to the bond firm – an admission that laid naked Trump’s money crunch.Until Trump strikes an eleventh-hour deal, James may freeze his financial institution accounts, and start the lengthy and complex technique of seizing a few of his properties. And barring Trump’s attorneys attaining an unbelievable authorized triumph, the decide in his legal case may set a trial date for as quickly as subsequent month. The dual threats – on the identical day, in the identical metropolis – crystallize two of Trump’s best and longest-held fears: a legal conviction and a public notion that he doesn’t have as a lot money as he claims. Trump has conceded that the fees pained him. “Nobody wants to be indicted,” he stated in June.
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