Trump unable to post $464m bond in NY civil case

AFP :
Donald Trump faced having assets seized in a humiliating blow to his carefully cultivated image as a self-made tycoon as his lawyers acknowledged Monday he doesn’t have the cash to appeal a $464 million fine for fraudulently inflating his wealth.
Trump — the Republican candidate for November’s US presidential election — intends to challenge the judgment imposed by a New York civil court in February, which would force an automatic stay of enforcement.
But first he must put the money into an account managed by the appeals court or post a bond in the full amount, and 30 insurance underwriters have rejected his pleas for assistance, his lawyers said in a new filing.