CNN’s Kaitlan Collins Mocks Trump With His Own Theme Song In Brutal Show Open On Bombshell Fraud Bond
CNN anchor Kaitlan Collins opened her show with a brutal rundown of former President Donald Trump’s inability to come up with the bombshell fraud bond — even using his The Apprentice opening theme.
Trump and attorney Alina Habba have been trying to delay or reduce payment of the fraud judgment that could cost him in excess of $460 million if appeals are unsuccessful, and on Monday filed a motion claiming they can’t raise the bond for those appeals.
On Monday night’s edition of CNN’s The Source with Kaitlan Collins, Collins opened her show with an excruciating intro that featured Trump claiming to have plenty of cash, and contrasting Trump’s projection of a wealthy image with the reality of not being able to some up with the bond.
The banner said it all — “RICH” TRUMP UNABLE TO MAKE $464M BOND:
KAITLAN COLLINS: Donald Trump is finally acknowledging, tonight, that he does not have the cash that he has long claimed he does. And it comes exactly one week before he needs to fork over at least $464 million, to cover that fraud judgment, against him, here in New York. I say, at least, because there’s also interest, a $115,000 a day, to be precise.
Trump’s lawyers, telling a court today that their client is facing, quote, “Insurmountable difficulties,” that he can’t pay the bond, and he can’t find anyone to underwrite it. He was denied by more than 30 companies that they approached, to help, each one unwilling to accept his real estate holdings as collateral. Instead, they want money.
That means the New York Attorney General, Tish James, could start collecting as soon as next week, as Trump is facing the very real prospect that some of his accounts could be frozen, his property seized, or both.
It’s a precarious situation, for the presumptive Republican nominee for president. And it gets to the very heart of what this whole fraud trial was about, inflating the value of his assets, claiming that they’re worth more than they actually are. Not to mention inflating how much cash he actually has.
(BEGIN VIDEO CLIP)
DONALD TRUMP: We have a lot of cash. I believe we have substantially in excess of $400 million cash, which is a lot for a developer. Developers usually don’t have cash. They have assets, not cash. We have, I believe 400-plus and going up very substantially every month.
(END VIDEO CLIP)
COLLINS: That quote there at the end, “Going up substantially every month” apparently is not true. A reminder about what his attorney, who argued and then lost this case had to say about this.
(BEGIN VIDEO CLIP)
ALINA HABBA, TRUMP ATTORNEY: This guy is worth a lot of money, billions and billions of billions of dollars.
He happens to have a lot of cash.
Of course, he has money. You know, he’s a billionaire. We know that.
There will be a bond and there will be no issues with that.
(END VIDEO CLIP)
COLLINS: Well apparently, there are. That much was clear today, by what his attorneys told a court, here in New York.
These are thorny issues, of course, for the man, who has staked his entire identity, on being wealthy, even appearing in movies like “Home Alone 2,” as a rich New Yorker, not to mention the theme song, for his own TV show.
(BEGIN VIDEO CLIP)
(VIDEO – “THE APPRENTICE” THEME SONG)
(END VIDEO CLIP)
COLLINS: It is no surprise what’s on Trump’s mind, tonight. He often makes that quite clear, on his own website. And he posted just a few moments ago, that a bond this big is, quote, “Practically impossible” for any company to pay, possibly foreshadowing that not only does he not have the money, right now, it also may not be coming by the deadline.
Watch above via CNN’s The Source with Kaitlan Collins.
