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If they want cash as collateral, that cash would go into an escrow. Why would you tie up $1B in escrow in order to get $500M? You wouldn't; you would just use the cash you had.
It's like going to a pawn shop and asking how much they'll give you for a $20 bill, and they say $10.
I would imagine that the collateral could be cash or liquid assets like stocks or bonds. That would justify the additional demand of $1 billion, because stock values fluctuate. The benefit to Trump is that he wouldn't have to sell the assets, incurring a taxable event, and potentially losing out on future capital gains (or capital losses to be used as tax offsets).
Putting the money in escrow for the appeal would need to be cash.
So . . . he's not a billionaire?
Like we all knew? for years? And laughed at the fucking idiots who thought he was?
For srs? Wow. Just - mind blown.
With escrow its completely pointless as you say to not pay it yourself. So I have to assume it's the terms for when it's not to be put in escrow.