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Rudy Giuliani is getting his butt kicked in court right now

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Rudy Giuliani is awaiting criminal trial in multiple states, and he’s likely going to prison for a long time. But that’s just one aspect of his overall legal troubles. Giuliani is also getting dismantled financially in court, thanks to the more than hundred million dollars that he owes. He’s been trying to evade his fate by filing for bankruptcy and such, but it turns out it’s not working.

After a court hearing yesterday, the judge appears poised to appoint a trustee to take control of Giuliani’s finances. Such a move would result in Giuliani’s remaining assets being divvied up amongst the people to whom he owes money.

In other words, Rudy Giuliani’s attempt at hiding and shielding his assets has now just about run its course. It bought him a little time, but in the end it didn’t work. Giuliani is about to lose everything. Of course he’s going to prison anyway, so he won’t need money there.

. . .

It’s worth keeping in mind that Donald Trump, who has his assets tied up in half a billion dollars worth of posted bonds, is on the same path that Giuliani is on. Trump can also delay the inevitable. But just as Giuliani’s assets are now being taken from him, Trump’s assets will be taken as well. Of course Trump is also going to end up in prison, so – like Rudy – he won’t need his assets either.

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