The real story here isn’t that Trump had 175M in cash to put up. It’s that the insurer acknowledged that he didn’t have all the paperwork that the AG says is necessary to provide a bond like this to a NYS court, but insists the AG is wrong, the bond is all hunky-dory, and in fact the AG should pay the court costs for making the insurer re-file the paperwork for such a perfect bond.
They can’t both be right. I tend to believe the AG here, though, and think maybe Trump and his friend Mr. Hankey are prevaricating a bit on that.
Another comment I read mentioned the bond says the company isn’t responsible for the amount if Trump loses and didn’t really do any checking to confirm the account used to secure the bond. If this is incorrect please say something since I do not like spreading false statements but it seems very on brand for Trump so it’s easy to believe. Always great when president has that amount of faith from random people, really shows how reliable they are.
The real story here isn’t that Trump had 175M in cash to put up. It’s that the insurer acknowledged that he didn’t have all the paperwork that the AG says is necessary to provide a bond like this to a NYS court, but insists the AG is wrong, the bond is all hunky-dory, and in fact the AG should pay the court costs for making the insurer re-file the paperwork for such a perfect bond.
They can’t both be right. I tend to believe the AG here, though, and think maybe Trump and his friend Mr. Hankey are prevaricating a bit on that.
Another comment I read mentioned the bond says the company isn’t responsible for the amount if Trump loses and didn’t really do any checking to confirm the account used to secure the bond. If this is incorrect please say something since I do not like spreading false statements but it seems very on brand for Trump so it’s easy to believe. Always great when president has that amount of faith from random people, really shows how reliable they are.