Say it ain’t so, billionaire President Trump can’t get surety to cover his $454 bond. About $112,000 of interst per day. We need him back in office to save us from this massive US debt. Anyway, what will he do?
Have no fear, the stock of the century is coming with the looming deal to put President Trump's social media company, Trump Media & Technology Group, on the stock market under the ticker symbol DJT. (Can’t wait to unload my retirement savings into this stock since Social Security will be wipe out.)
A shareholder meeting is scheduled for Friday. If the deal is approved, Trump would own at least 58% of shares in the company, which runs his Truth Social platform. Depending on share price, that could be worth several billion dollars.
I guess, problem solved for his $454 million bond which underwriters are refusing to cover.