It doesn’t matter that he can’t touch the stock. The cash has been deposited to the company’s bank which he owns. He doesn’t need to sell the stock. He has the company’s cash that all the IPO investors gave him.
So far, only shady-ass car loan shark company has been willing to accept Donny’s collateral, maybe, unless it’s just after bribe to get them out of trouble if that dickhead manages to win the election.
Trump can’t touch the stock until a 6 month waiting period is over… By then it’ll be a penny stock.
It doesn’t matter that he can’t touch the stock. The cash has been deposited to the company’s bank which he owns. He doesn’t need to sell the stock. He has the company’s cash that all the IPO investors gave him.
A lot of these stock-wealthy guys (e.g. Elon) get around taxes by taking out low interest loans against their stock.
Is it possible he could do that instead?
It would be a dumbass bank who would do it, but it’s not impossible.
So far, only shady-ass car loan shark company has been willing to accept Donny’s collateral, maybe, unless it’s just after bribe to get them out of trouble if that dickhead manages to win the election.