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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]WarGamer
(18,341 posts)24. It's done. Trump loses the appeal and FIC sends a check to EJC.
They will, at that time... collect the 91m + fees from Trump from the collateral they've already surveyed.
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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
