'Looking like a loser': Expert accuses Trump of 'turning lead into gold' to pay bond

Former U.S. President Donald Trump speaks at the New Hampshire Republican State Committee's Annual Meeting on January 28, 2023 in Salem, New Hampshire. (Photo by Scott Eisen/Getty Images)

Legal commentator Harry Litman told CNN that Donald Trump would go to any lengths to pay a $464 million bond payment by Monday so he could appeal a New York fraud judgment.

Litman explained to CNN's Fredricka Whitfield why he believed Trump would pay the bond by the Monday deadline.

"Look, it involves all kinds of financial complications," he said. "But I think, first and foremost, he is very concerned about not looking like a loser."

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"And he came out to his lawyer's dismay and said he had it on Friday," Litman said of the bond money. "I'm thinking that this initial public offering of Truth Social, which really does involve some kind of funny money business, a little bit like turning lead into gold."

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Litman warned that Trump should be scrutinized if he teams up with a billionaire to make the bond payment.

"That's, of course, something we need to worry about, because why would a billionaire step in in that instance? But that, I think, is a likely scenario," he remarked. "But in any event, yeah, if I had to guess, it's that somehow he comes up with it."

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