Reply To: Trump “wealth”

Let me clarify a few thing:

1. I did not use “scare quotes” with the word “weath”, My limited knowledge of GAAP terminology does not include “wealth”; I used “wealth” to encompass cash on hand, income and net worth. Trump said he could not post a bond in the full amount of the New York judgments against him. That plainly implies that his net worth is less than those judgments, which likewise implies that he is not a billionaire.

And yet, many of you nudniks keep saying he is a billionaire. If he were, he would have been able to post a bond or cash in the full amount of all the judgments against him. But he didn’t, because he can’t.