In addition, the court will continue with an independent monitor who will continue to oversee the Trump Organization's compliance with the rulings. It could have been worse had the judge chosen to completely dissolve the organization.
This ruling is a turning point for Trump's future.
To begin with where is Trump going to get the money to post the bail for this massive fine?
I ask that for a reason. Let's change trials for a moment to a recent one Trump already lost.
A jury awarded $83.3 million to columnist E. Jean Carroll for ongoing defamations following a prior trial after Trump was convicted of rape.
Thus far it's not clear if Trump has the money to pay the bond to stay out of jail, or even appeal the decision. And if he can't do that it should help people understand that is money is all smoke and mirrors.
Which brings us back to today's ruling.
It was a financially crippling blow to a man who claims to be a billionaire. Experts for years haven't believed his audacious claims of being one of the richest people in the world.
We'll find out about that when he looks around for bail bond companies for both trials. Trump's own lawyers don't even believe he has the liquid cash to post bail in either case.
Trump is appealing the decision(s) of course. Those two appeals will cost a lot of money so it's not entirely clear if he'll be able to pony up that cash yet.
As it stands, I fully expect Trump to grift his clueless cult for his legal expenses. Just like he's been doing throughout his numerous trials for years.
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