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re: Breaking: Trump is unable to make $464 million bond in civil case
Posted on 3/18/24 at 10:51 am to SirWinston
Posted on 3/18/24 at 10:51 am to SirWinston
quote:
There's no way he wouldn't come up with the bond if this were true. He's got to be baiting them.
That's probably true. Is the issue that absolutely nobody will write the bond, or nobody will write it on his terms?
Also if he's so controlled by Russia, why haven't his Russian pals done some back alley deal through Deutsche Bank or whatever to guarantee this bond?
2
Posted on 3/18/24 at 10:54 am to tadman
The problem appears to be the size of the bond.
Not many companies will take $46.4m to risk a potential loss of $464m without him having the liquid assets to cover it as opposed to property.
Not many companies will take $46.4m to risk a potential loss of $464m without him having the liquid assets to cover it as opposed to property.
Posted on 3/18/24 at 10:56 am to tadman
I thought Chub Insurance had agreed to underwrite the bond. The CEO sent a letter to shareholders explaining it.
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