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Transcripts For MSNBCW Velshi 20240704

the case. it looks like that is where things were headed after his lawyers submitted a court filing this week, saying the client couldn t find an insurance company to underwrite a bond for the massive penalty. early yesterday morning, the former president appeared to undercut the claim in a post on his social media, through truth social that, quote, through hard work, talent and look, i currently have almost $500 million in cash, end quote then, hours after that post, shareholders of the company called digital world acquisition corporation voted to merge with the trump media and technology group, which owns the social media platform truth social. the newly merged company will likely go public next week, a move that could result in a massive financial weight full of over $3 billion for the former president. trump won t be able to take out any of that money in time to pay the penalty he owes new york , but it offers him a lifeline at a vulnerable time. i ll explain how in a min

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