Wow, someone actually finally managed to force Trump to pay a bill.
He’s still not actually paying her. He’s just securing a bond that lets him avoid paying while he seeks an appeal. Just keep kicking the can down the road.
“Donald J. Trump on Friday posted a $91.6 million bond in a defamation case he recently lost to the writer E. Jean Carroll, staving off a potential legal and financial disaster just days before a deadline to secure the deal. The bond, provided by an outside insurance company, will prevent Ms. Carroll from collecting the judgment while Mr. Trump appeals.”
The bond, provided by an outside insurance company,
Someone better name some fucking names, cause I wanna make sure I don’t do business with an insurance company that is that bad at risk assessment.
The company who gave Trump $92MILLION is run by one of Trump’s Former White House Advisors which is PROOF that DEMOCRATS are the Swamp!
He’s just securing a bond that lets him avoid paying while he seeks an appeal.
Forcing Trump to come up with $92M he doesn’t have so he can’t completely welch when his appeals fail is funny enough that it was probably worth Carroll’s time.
Someone paid it. Not entirely convinced it was directly from Trump.
Trump’s broke. That’s why he put Lara trump as co chair and you hear that some ppl want the RNC to pay donnie’s bills even though that would mean less money for down ballot candidates. Basically means about a billion needed and it would fuck the GOP in congress. I hope they go bankrupt.
some ppl want the RNC to pay donnie’s bills even though that would mean less money for down ballot candidates
The catch is that Trump’s a prodigious fundraiser for the party. So not putting Lara on the co-chair spot could conceivably mean she runs of and does independent fundraising at the RNC’s implicit expense.
Basically means about a billion needed and it would fuck the GOP in congress.
I hate to say it, but Trump’s coat-tails alone are probably worth a billion in GOP organizing and advertising. His base loves him and his name at the top of the ticket will get out far more votes in 2024 than the GOP received in 2022.
Someone paid it. Not entirely convinced it was directly from Trump.
Isn’t he under financial monitoring due to the NY case? Am I mistaken?
An insurance company named Chubb put up the bond money and they are not under financial monitoring.
https://www.chubb.com/us-en/surety/transactional.html
Yeah so he must have signed over some collateral.
Putin is worth $200 billion. Easily enough to cover all of Donnie’s expenses. Vlad wants Donnie in the White House, and will settle for complete chaos in the West. If the GOP collapses, there will plenty of Lorena Booboos running around at the state level. Think of what the real Lorena has done, then multiple by 100.
I mean, he’s under serious financial scrutiny right now. Its not clear to me that this would even be possible.
That doesn’t necessarily make it public. In the NY case I remember reading that if someone paid the $354m bond even that wouldn’t necessarily be transparent as to who paid it.
Sure but there is a court appointed monitor. Like, some one knows who is empowered to raise a flag if its clearly shady?
Right?
right?
Not him personally, but his companies are.
My understanding is that the distinctions are a bit grey insofar as how they are managed, but sure.
Its not clear to me he has any real kind of money laying around at this point. Maybe he does.
It was definitely not directly from Trump.
Insurance company Chubb underwrote the bond for Trump, which the former president signed on Tuesday. Under the terms of the bond, Chubb will only secure the appeal of the $83.3 million judgment, not any future appeals.
Let me save you some trouble:
Chubb Limited is an American company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and is the largest publicly traded property and casualty insurance company in the world
I wonder what kind of insane terms are on that loan
I imagine it’s fairly standard boilerplate for the situation ‘You must install corporate fascism and give me a job with medals and stuff if we manage to lie and cheat you into power again’
Not that it would matter. Trump doesn’t honor agreements.
