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Donald Trump is racing against time to find a half-billion dollar bond

By Ben Protess and Jonah E. Bromwich
New York Times·
8 mins to read

Donald Trump is on the clock.

The US$454 million (NZ$726m) judgment that a New York judge imposed on Trump in his civil fraud case took effect on Friday (Saturday NZT), placing the former president in a precarious position.

Now he must either come up with the money quickly or persuade a company to post a bond on his behalf, essentially vouching for him to the court with an IOU.

The bond is likely to be his best bet:

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