MSNBC Legal Analyst: Reducing Trump Bond to $175 Million ‘Defies Logic’
EXCERPT:
GREENBERG: "That is the $175 million question. They didn’t explain why. And it really defies logic as to why they would have reduced the amount of a bond. This is a defendant, and I sat through, I attended much of that trial, his whole defense was, 'I am too rich to defraud anyone. These banks wanted to cultivate a relationship with me because I am so wealthy.' You had Don jr. going through, in his testimony, essentially a timeshare presentation of each of the iconic assets and properties that were part of the Trump business empire. So it is an odd thing to have a defense about just how wealthy you are, and then when it comes time to pay, you don’t have the money. So, that is problematic, to say the least. It’s not clear why they would have, under those circumstances, for this defendant, with that defense, reduced the bond.”