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NJCher

(41,795 posts)
29. I don't think he's worth $50 million either
Sat Jan 8, 2022, 11:15 AM
Jan 2022

I just stated that in my OP because it is what I saw in my searches, but it's not validated by any credible accounting firm, and even if it was, would Bannon release that information? Iffy.

I think that a lot of these guys are in trouble: financial trouble. When you're paying big time lawyers and you get that bill at the end of the month, it can empty bank accounts and put the push to liquidate other resources real fast. I've seen them on just the minor league cases I work on and it's a big slurp. Ten-12k a month. These scammers like trump and bannon are probably shelling out hundreds of thousands a month+ for all the cases against them. Lawyers always demand retainer money. You're always filling up that retainer bucket. My guess on their legal costs is probably way conservative.

So my point is this: early on we saw trump selling the rights to the post office building. Next we see him having to adjust expenses on his airplanes. Melania's out trying to hawk a hat for some ridiculous amount, as well as a painting. There's the digital rights thing.

Trump is getting funds from the GOP to pay his legal bills. There's $1.6 million right there. It all adds up to financial woes.

If you can't pay your legal soldiers, you're in trouble.

And even if they could get funds from China or Russia, they still have to account for how they got them.

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Sounds like this piece of human garbage is squirming SheltieLover Jan 2022 #1
Didn't he manage a hedge fund? Mopar151 Jan 2022 #2
I'd Question The $50 Million Net Worth ProfessorGAC Jan 2022 #3
+1 2naSalit Jan 2022 #23
me too Demovictory9 Jan 2022 #34
If his charitable doesn't own the home, does he? bucolic_frolic Jan 2022 #4
Nonprofit Roy Rolling Jan 2022 #5
The Chinese will be happy to fund the downfall of the United States. Irish_Dem Jan 2022 #6
You are another one who gets it, gab13by13 Jan 2022 #10
China is set to become the 21st century superpower. Irish_Dem Jan 2022 #14
I ran through a list of items that we are going to lose under a dictatorship, gab13by13 Jan 2022 #20
The US wealthy have already forged an autocracy of sorts. Irish_Dem Jan 2022 #25
Don't forget our (er, TFG's) 3825-87867 Jan 2022 #16
Yes let's not forget the role the Saudi's are playing in all of this. Irish_Dem Jan 2022 #24
Chris doesn't get shit. He's a one note political hack that should go the way of Cuomo, Reid, ... Budi Jan 2022 #22
They sure have been... 2naSalit Jan 2022 #26
Okay, that's a terrifying paragraph. :( moonscape Jan 2022 #31
Been going on for a while now. 2naSalit Jan 2022 #33
The US needs to tighten laws on nonprofits, especially foreign-owned ones. Lonestarblue Jan 2022 #7
That is Sheldon Whitehead's #1 talking point, Dark Money. gab13by13 Jan 2022 #11
bannon not 'worth' any amount empedocles Jan 2022 #8
That's the truth! ...nt 2naSalit Jan 2022 #27
Worth 50 million? I highly doubt that. Guess he must've ran through... brush Jan 2022 #9
Bannon is working every damn day, gab13by13 Jan 2022 #12
Yep, he's got his fingers in lots of pies. Some may get cut off. brush Jan 2022 #13
A problem that China has..... on one hand, they would like to see the U.S. destroyed. O.T.O.H., 3Hotdogs Jan 2022 #15
These guys are neck deep in China $$$ Historic NY Jan 2022 #17
I agree. gab13by13 Jan 2022 #21
I don't Rebl2 Jan 2022 #28
He may not actually be worth 50M. Depends on how you count it. paleotn Jan 2022 #18
Maybe he fears civil action and is cashing in Jarqui Jan 2022 #19
I don't think he's worth $50 million either NJCher Jan 2022 #29
👆👆 crickets Jan 2022 #32
So who revealed he committed recent loan fraud? Generic Brad Jan 2022 #30
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