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In reply to the discussion: Trump lawyers acknowledge civil fraud bond was issued without 'certificate of qualification' [View all]58Sunliner
(4,935 posts)24. The bond is based on the backing of a Trump trust that supposedly has money and assets that can convert to money.
The valuation is for April 5th, and the same statement of assets was made for the E Jean Carroll bond. Is it the same acct? What are the assets and how are they valued? The company does not have the capital and surplus to guarantee Trumps bond. The bond agreement does not give Knight a lien on the account as collateral and seems to afford Trump a two-day window to dissipate the account, according to Weissmann.
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Trump lawyers acknowledge civil fraud bond was issued without 'certificate of qualification' [View all]
BumRushDaShow
Apr 2024
OP
meidastouch channel read from the latest and it appears that Trump pasted the security page for
Demsrule86
Apr 2024
#7
The article downplays the fact that Trump's side has made a credible argument that the surety can be accepted
onenote
Apr 2024
#5
The bond is based on the backing of a Trump trust that supposedly has money and assets that can convert to money.
58Sunliner
Apr 2024
#24
Sounds kind of like they simply needed a piece of paper stating that the assets actually exist to cover the judgement.
cstanleytech
Apr 2024
#8
So Trump and his lawyers filled a fraudulent document so he can appeal his guilt on running a fraudulent business?
Botany
Apr 2024
#19
Just seize the fucking property already. Anything and everything until you reach 500 million.
onecaliberal
Apr 2024
#20
I wonder how much of his and his company's properties are already leveraged to the hilt?
Botany
Apr 2024
#21