Bloomberg’s O’Brien: Trump’s ‘The Emperor Who Has No Financial Clothing’

Velshi You have spent ░░░░░░░░ lot of time figuring ░░░░░░░░ Donald Trump what he ░░░░░░░░ worth what his cash ░░░░░░░░ is but the attorney ░░░░░░░░ of New York and ░░░░░░░░ court case have done ░░░░░░░░ they have road mapped ░░░░░░░░ they know what he ░░░░░░░░ worth and this is ░░░░░░░░ real problem The truth ░░░░░░░░ the Donald Trump myth ░░░░░░░░ out in this trial ░░░░░░░░ is now being solidified ░░░░░░░░ the fact that he ░░░░░░░░ t raise this bond ░░░░░░░░ BRIEN And some of ░░░░░░░░ myths are being burst ░░░░░░░░ very useful ways You ░░░░░░░░ I think one of ░░░░░░░░ things that confounded people ░░░░░░░░ Trump s first term ░░░░░░░░ was this idea that ░░░░░░░░ has always existed beyond ░░░░░░░░ reach of the law ░░░░░░░░ he had nine legal ░░░░░░░░ and had only gone ░░░░░░░░ one of them And ░░░░░░░░ think you re now ░░░░░░░░ at least on a ░░░░░░░░ basis he is getting ░░░░░░░░ for decades of what ░░░░░░░░ has been doing which ░░░░░░░░ inflating lying exaggerating however ░░░░░░░░ want to describe it ░░░░░░░░ much money he has ░░░░░░░░ what he does with ░░░░░░░░ money I think that ░░░░░░░░ one of the things ░░░░░░░░ s gnawing at him ░░░░░░░░ than almost anything else ░░░░░░░░ this current round is ░░░░░░░░ the emperor has no ░░░░░░░░ clothing He said in ░░░░░░░░ deposition a year ago ░░░░░░░░ he had 400 million ░░░░░░░░ cash on hand and ░░░░░░░░ was adding to that ░░░░░░░░ on a monthly basis ░░░░░░░░ significant ways He either ░░░░░░░░ under oath either perjured ░░░░░░░░ in that deposition Velshi ░░░░░░░░ he is a really ░░░░░░░░ businessman O BRIEN Or ░░░░░░░░ s a really bad ░░░░░░░░ or he blew through ░░░░░░░░ money somehow magically over ░░░░░░░░ last year or he ░░░░░░░░ not want to touch ░░░░░░░░ because he wants to ░░░░░░░░ these debts off on ░░░░░░░░ people donating to his ░░░░░░░░ For whatever reason that ░░░░░░░░ he says isn t ░░░░░░░░ now And so he ░░░░░░░░ going to have to ░░░░░░░░ on the good graces ░░░░░░░░ other people and he ░░░░░░░░ not have a lot ░░░░░░░░ options There is talk ░░░░░░░░ he is going to ░░░░░░░░ bankruptcy protection I think ░░░░░░░░ would have already gotten ░░░░░░░░ indications of that It ░░░░░░░░ have to be a ░░░░░░░░ complex filing I think ░░░░░░░░ James is waiting to ░░░░░░░░ his assets on Monday ░░░░░░░░ has been very sharp ░░░░░░░░ think about specifically naming ░░░░░░░░ of the properties that ░░░░░░░░ would want to attach ░░░░░░░░ Like 40 Wall Street ░░░░░░░░ he said he wouldn ░░░░░░░░ even know what it ░░░░░░░░ O BRIEN That s ░░░░░░░░ You know the reality ░░░░░░░░ there are certain properties ░░░░░░░░ he deeply prizes You ░░░░░░░░ in the early 90s ░░░░░░░░ he went through those ░░░░░░░░ corporate bankruptcies he came ░░░░░░░░ an inch of personal ░░░░░░░░ but for a piece ░░░░░░░░ his father s estate ░░░░░░░░ his siblings gave him ░░░░░░░░ he could stay solvent ░░░░░░░░ he would have done ░░░░░░░░ personally too At that ░░░░░░░░ he basically got on ░░░░░░░░ knees to his bankers ░░░░░░░░ said Take whatever you ░░░░░░░░ but do not take ░░░░░░░░ condo and do not ░░░░░░░░ Mar a Lago And ░░░░░░░░ think that the attorney ░░░░░░░░ s office is very ░░░░░░░░ to the idea that ░░░░░░░░ are certain toys that ░░░░░░░░ more valuable to Trump ░░░░░░░░ others and I think ░░░░░░░░ has got to be ░░░░░░░░ at him as well ░░░░░░░░ there is going to ░░░░░░░░ a resolution on some ░░░░░░░░ around this on Monday ░░░░░░░░ the appellate court is ░░░░░░░░ to step in and ░░░░░░░░ he gets extra time ░░░░░░░░ that maybe he gets ░░░░░░░░ play some shenanigans around ░░░░░░░░ he posts though I ░░░░░░░░ be surprised by that ░░░░░░░░ don t see a ░░░░░░░░ filing coming but maybe ░░░░░░░░ will Even if he ░░░░░░░░ a bankruptcy filing he ░░░░░░░░ going to have to ░░░░░░░░ very detailed proclamations within ░░░░░░░░ filing about his assets ░░░░░░░░ debts held against those ░░░░░░░░ again a kind of ░░░░░░░░ revelation of what he ░░░░░░░░ that he has never ░░░░░░░░ to do because of ░░░░░░░░ what it will show ░░░░░░░░ the end is a ░░░░░░░░ who said when he ░░░░░░░░ his campaign in 2015 ░░░░░░░░ am really rich I ░░░░░░░░ worth 10 billion 8 ░░░░░░░░ 6 these are all ░░░░░░░░ numbers He is nowhere ░░░░░░░░ to those numbers and ░░░░░░░░ does not want to ░░░░░░░░ pop his own balloon ░░░░░░░░ that regard but he ░░░░░░░░ probably going to be ░░░░░░░░ to.”