Michael Cohen served for years as a personal attorney and fixer for failed ex-president Donald Trump, and he’s warning that a summary judgement handed down Tuesday by a New York judge against Trump and the Trump Organization means the Donald’s financial house of cards is on the verge of total collapse.
Cohen was a guest on CNN, and host Kaitlan Collins asked if Trump can pay the $250 million judgement, which will likely be closer to $600 million with interest and penalties. Cohen responded, “No.”
Cohen also noted, “If you want to get to Donald, the way to do it is through his bank book. It’s not by saying he’s a narcissistic sociopath or that he’s definitely not 6’3″ and he’s not 215 pounds; you go after the wallet.”
“Once you start hitting that bank book, that’s what really gets to him.”
Asked about Trump’s claim that the brand name is worth more than the judge realizes, Cohen had this to say:
Is Donald Trump still in business in New York after the judge's ruling?
Michael Cohen, whose testimony sparked the investigation: "No." pic.twitter.com/0DA0kMV0rp
— Kaitlan Collins (@kaitlancollins) September 27, 2023
Here’s the ugly bottom line for Donald Trump and the Trump Organization: They’re screwed. Donnie is about to be broke, and it should be fun to see how long his attorneys continue to defend him when he can no longer pay their fees.