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Wonder Why

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55. There are a lot of reasons but a big one may be that you are better off that way.

Sat Mar 9, 2024, 10:14 PM

Mar 2024

Say you have $1,000 in the bank and $5,000 in a loan to someone that you can call at any time but will lose the interest on the $5,000 if you take it back early. You get arrested and the bond is $2,000. Would you use your $1,000 and borrow $1,000 or get the $5,000 back? It all depends on how much you lose in interest on your bank account and pay in interest on your loan vs what you lose if you pull out your $5,000. You could pay cash but should you?

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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

Yep! Besides his poop smell, something smells rotten all the way around. RKP5637 Mar 2024 #1

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

Putin is straapped for cash, my bet is on the Saudis JoseBalow Mar 2024 #45

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

He needs to have gazillions, if so. soldierant Mar 2024 #72

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

Yes!!! RKP5637 Mar 2024 #54

Someone on MSNBC floated the idea of a cosigner DLCWIdem Mar 2024 #2

Yes, is there a co-signer and if so, who is it? Irish_Dem Mar 2024 #22

Andrew Weisman suggested the co-signer Thunderbeast Mar 2024 #31

Who does AW think is the co-signer? Irish_Dem Mar 2024 #34

Follow the rubles... Thunderbeast Mar 2024 #48

Maybe he will fly home with Orbon? pwb Mar 2024 #3

I think he'd find Hungary not quite as lux as NYC or Miami Beach erronis Mar 2024 #12

He thinks he's going to Turkey. n/t Harker Mar 2024 #19

Turkey? This is the Staten Island ferry! JoseBalow Mar 2024 #46

Hungary is an agrarian country with pretty great food, actually DFW Mar 2024 #23

+1 dalton99a Mar 2024 #60

While his books are jiggered, it seems clear he has illiquid assets that could cover bond value. That said... dutch777 Mar 2024 #4

This ProfessorGAC Mar 2024 #6

Your premise is wrong. WarGamer Mar 2024 #5

I don't understand why you think Trump is out of the loop. flashman13 Mar 2024 #14

It's done. Trump loses the appeal and FIC sends a check to EJC. WarGamer Mar 2024 #24

Why would you not write off $91M maxrandb Mar 2024 #33

Yes 91M is a cheap price to pay to install Trump back into the WH. Irish_Dem Mar 2024 #35

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

Chubb is publicly-traded, which makes money-laundering a little trickier. Ocelot II Mar 2024 #17

Another good discussion on this from EmptyWheel erronis Mar 2024 #25

Everyone should read this - thanks for sharing (nt) Pluvious Mar 2024 #66

The bond does not moniss Mar 2024 #28

True, that was a bit of an oversimplification. It would have been more accurate to say Ocelot II Mar 2024 #30

I would just point out that the moniss Mar 2024 #47

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

I agree with you 100% moniss Mar 2024 #52

You just shot your argument down. 58Sunliner Mar 2024 #64

The bond would be canceled if he was found to have submitted overvaluations of his collateral, for example. Ocelot II Mar 2024 #70

One question (sorry for not knowing the answer): Justice matters. Mar 2024 #65

Except that mgardener Mar 2024 #69

Maybe trump is better off financially than we think/hope. In any event, Chubb is a big assed Silent Type Mar 2024 #8

If Trump is installed into the WH, no one is going to go after him. Irish_Dem Mar 2024 #36

Which is why we have to vote in great enough numbers COL Mustard Mar 2024 #61

Yes Dems always have to get more votes than necessary. Irish_Dem Mar 2024 #62

Of course it is. He was delaying until his friend victor paid him a visit. onecaliberal Mar 2024 #9

Sort of off the walls idea... Dan Mar 2024 #10

Exactly, if Trump is back in the WH, he can generate $billions in revenue Irish_Dem Mar 2024 #37

With all due respect...no. CincyDem Mar 2024 #11

the dark and dusty roads et tu Mar 2024 #13

"If you have liquid cash somewhere, why would you get a bond? " progressoid Mar 2024 #16

There are a lot of reasons but a big one may be that you are better off that way. Wonder Why Mar 2024 #55

Here's how I look at it TexasBushwhacker Mar 2024 #18

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

If they were both 60 years younger TexasBushwhacker Mar 2024 #29

"why would anyone .." stopdiggin Mar 2024 #20

We know there is a motive of some sort. Irish_Dem Mar 2024 #38

profit seems to be a perfectly adequate one to me -(nt)- stopdiggin Mar 2024 #57

Sometimes the simplest answer. sarisataka Mar 2024 #40

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

The payments on that insurance policy would probably be astronomical erronis Mar 2024 #67

But if Chubb itself took it out, wouldn't it be like Dead Peasant's insurance? jmbar2 Mar 2024 #75

We have an obligation to ask such questions. Irish_Dem Mar 2024 #32

Agree with this. bluestarone Mar 2024 #42

Well the assumption is wrong because it is not done under banking practice but insurance practices sarisataka Mar 2024 #39

He's always been able to talk money out of people who should know bette Warpy Mar 2024 #41

There is still a lot of secret money in the world bucolic_frolic Mar 2024 #43

The "financial disclosures", etc. are just for the plain folk. erronis Mar 2024 #68

K&R Pototan Mar 2024 #44

Popok had an interesting point to make EndlessWire Mar 2024 #50

How many supersedeas bonds have you been involved with? Because a 20% fee would be absurd. onenote Mar 2024 #51

If true, Putin owns trump even more and just waiting for the keys... brush Mar 2024 #53

Something is rotten between Merde a logo and Moscow. lark Mar 2024 #58

I would bet that most of the orange one's money is Russian mob money. The only way to repay that debt is to become Hotler Mar 2024 #59

Can the court ask to see the details of the contract coprolite Mar 2024 #63

So how much would the Court get for tRump Tower in a fire sale. KS Toronado Mar 2024 #71

Surely this asshole had to show some collateral bluestarone Mar 2024 #73

So why does no one actually know? Diraven Mar 2024 #76