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In a filing to the New York State Supreme Court, Trump called it “a practical impossibility” that he’ll get the money together and said 30 bond companies had turned him down.
“He says he’s worth so much, but all these properties are used to back loans from other institutions,” he added. “He may not have all that much money, either cash on hand or property that isn’t already pledged for other loans. So the reason he’s having trouble and the reason he might be having this meltdown is he can’t post the money, and he needs a lifeline through some third party who is going to be able to bail him out.
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