It pays in US politics to follow the money. In Donald Trump’s case, the money is flowing away from him in the form of various fines and damages – roughly $US530 million ($809 million) worth in the past month.
The settlements are not high enough to trigger Trump’s bankruptcy. His net worth is about $US2.6 billion. But they will swallow his cash balance and severely restrict the Trump Organisation’s ability to operate.
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Financial Times
Edward Luce is the Washington columnist and commentator for the Financial Times. He writes about American politics and the economy.
