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Transcripts For CNNW CNN 20240704

Now on cnn this morning, donald trump just days away from potentially having his prized properties seized if you cant come up with nearly half 1 billion plus the man donald trump labeled little marco, may now be on the shortlist to be his vice president. And baseballs biggest superstar, swindled shoheiohtani, firing his interpreter for allegedly Stealing Millions all right. 05 00 a. M. Here in the east alive. Look at New York City on this thursday morning. It is thursday, which means its almost friday morning. Everyone. Im kasie hunt. Its wonderful to have you with us this morning. Donald trump running short on time and options as he scrambles to put up a halfbilliondollar bond in the new york civil fraud case that he lost if you cant pay the 464 million by monday, he could lose some of his most prized assets, like trump tower, 40 Wall Street if he does not have funds to pay off the judgment then we will seek Judgment Enforcement mechanisms in court and we will ask the judge to seize h

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Transcripts For CNNW Inside 20240704

However, the Fraud Judgment against him while he appeals it. But this morning his lawyers say he cant find an Insurance Company to underwrite it for him. Now what happens and why cant the cell for claim billionaire, but the cash up himself plus eighttenths phone call, President Biden and Prime Minister netanyahu will talk today for The First Time in weeks. It comes after a furious netanyahu told me in an interview previewed that he doesnt need american politicians telling him what to do. And this behind some of the biggest political victories of the late 20th century. Join me live this. Our James Carville Have Ogallala together again with their Reelection Advice now, for President Biden im dana bash. Lets go behind the headlines and inside politics first up that Breaking News about attorneys for former president donald trump, calling it practically impossible to get a bond to pay the 464 Fraud Judgment. Cnns Kara Scannell joins us live from new york. Can you put this in laymans terms f

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Transcripts For CNNW The 20240704

Major news network on the scene since the uprising welcome first, why Donald Trumps lawyers say he cant make good on a 464,000,000 bond order in the new york civil fraud ruling. And its raising new questions about trumps cash crunch from multiple legal cases and how it could impact as well. Cnn senior justice corresponded evan perez is joining us now with the latest devin, what was the trump teams explanation for why they cant come up with this money well, wolf, that the former president is up against a deadline next week to produce a bond to satisfy this judgment. And according to the filing that theyve made in Federal Court and sorry, in state court today, they said that theyve been rejected by 30 three different underwriters who said that they cannot satisfy that kind of that kind of bond. And so as a result of this, theyre asking the court they have asking the judge to give him more time to extend the former president more time in order to come up with this kind of money, 40,064 mi

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Transcripts For CNNW CNN 20240704

Trump phrasing criminals that have been describing january 6, wilders as hostages while critics attacked his comments about a bloodbath. If he isnt elected, his Campaign Says those words are being taken out of context. Were going to bring you trumps remarks, plus, he may have a bigger problem today trying to make a 400 and million bond in his civil fraud case . His lawyers say thats easier said than done and securing a bond and the full amount is a quote, practical impossibilities. And ripped apart at the seams haiti descends further into chaos with gangs choking off the supply of food and fuel, turning cations in the capital into refugees and their own city were following these major developing stories and many more all coming in right here to Cnn News Central we begin with Donald Trumps 464 problem. Thats the sum is attorneys just revealed that trump cant come up with a court filing. Trumps attorneys said he cant find an Insurance Company to underwrite the nearly half billion dollars

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Transcripts For CNNW CNN 20240704

Jim acosta. Hope you have a great week, everybody. Our next hour of newsroom starts right now cnn you are in the cnn. Newsroom. Im wolf blitzer in washington. Were following Breaking News just coming into cnn right now, attorneys for former President Donald Trump say theyre unable, unable to get a bind to pay the 464 million fraud judgment, calling it, im quoting now, a practical in possibility. Cnns Kara Scannell is joining us from new york right now. Cara, what can you tell us . Walk us through what this means . So trumps lawyers have informed the Appeals Court today that they are unable to get anybody in Insurance Company and underwriter to help them post this ban, the 454 million for trump alone the rest to cover his sons and what they say is that theyve approached 30 of insurance underwriters. Some of these big, Gigantic Companies that you know, and they say that none of them are willing to do it. As you said, theyre calling it a practical impossibility one of the reasons that the

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