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In reply to the discussion: Earlier today AverageOldGuy posted the idea that possibly Russian money was behind Trump's bond. [View all]DFW
(59,916 posts)23. Hungary is an agrarian country with pretty great food, actually
However, although Budapest is a pretty cool city, it ain't Manhattan, and Hungarian is a bitch of a language to learn. It is not of European origin, and has a grammar and vocabulary straight from hell. Besides, its coastline consists of the Danube river and a big lake (Balaton) that is not very deep, and the fishing pretty much isn't. It's OK for short visits (a week, if you like to hunt, I'm told), but each time I was there, a long weekend was enough. I could hang out in Manhattan for half a year and not get bored.
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Earlier today AverageOldGuy posted the idea that possibly Russian money was behind Trump's bond. [View all]
flashman13
Mar 2024
OP
When it comes to TFG and money needs I suspect putin first.TFG is putins access to all things American and its secrets.
mitch96
Mar 2024
#21
I don't believe putin is strapped for cash.. ruzzia is strapped for cash. putin is one of the most personally
mitch96
Mar 2024
#56
I also assume he has buckets full of gold, diamonds etc..Hard stuff that is not dependent on currency fluctuations.nt
mitch96
Mar 2024
#74
While his books are jiggered, it seems clear he has illiquid assets that could cover bond value. That said...
dutch777
Mar 2024
#4
There is much misunderstanding about how an appeal bond works. First, it's not a loan at all, it's insurance.
Ocelot II
Mar 2024
#7
Thanks for that additional info. The original post and push-back wasn't as clear.
erronis
Mar 2024
#15
True, that was a bit of an oversimplification. It would have been more accurate to say
Ocelot II
Mar 2024
#30
Since the bond has to be approved by the court anyhow, I'm sure Robbie Kaplan will do her due diligence.
Ocelot II
Mar 2024
#49
The bond would be canceled if he was found to have submitted overvaluations of his collateral, for example.
Ocelot II
Mar 2024
#70
Maybe trump is better off financially than we think/hope. In any event, Chubb is a big assed
Silent Type
Mar 2024
#8
There are a lot of reasons but a big one may be that you are better off that way.
Wonder Why
Mar 2024
#55
Your last sentence is the clincher. "... which person has their shit together enough to be POTUS for the next 4 years?"
erronis
Mar 2024
#26
Could Chubb just take out a big life insurance policy on him and wait for him to take the dirt nap?
jmbar2
Mar 2024
#27
Well the assumption is wrong because it is not done under banking practice but insurance practices
sarisataka
Mar 2024
#39
How many supersedeas bonds have you been involved with? Because a 20% fee would be absurd.
onenote
Mar 2024
#51
