I would link the Casablanca bit... but fuggedaboudit.

No shocker here. FFS, when will someone make this stop?

Chubb Group is a huge, publicly-traded multinational holding company that's been around forever and has many affiliates, only one of which is apparently in Russia. The issuer of the bond was the Federal Insurance Company, which is one of Chubb's 30 or so subsidiaries in the United States alone. It doesn't do business in Russia.

it's become an instinctive response to everything.

It's often just a kneejerk response, and there's often little, if any, thought behind it.

Must. Blame. Russia.

If we give up on critical thinking and deductive reasoning, what would be the point? If we're just going to blurt out whatever comes to mind with no forethought or attempt at understanding context, we're not any better than the other side.

The FACTS are that Russia has a huge propaganda machine which has installed puppets across Europe.
The FACTS are that Russia has been very successful in damaging western democracies.

The FACTS are that Putin wishes to shift the world power to global autocracies.

A straw man argument is a weak argument.
Ad hominem attacks are a sign of a weak argument.

bonds from them. Pay the fee they write the bond, if you are credit worthy and pledge colleteral. It can be tricky.

This is just what's needed right now to head off panic!

it's morally bankrupt

I find it hard to believe that every single company that does business in Switzerland is "morally bankrupt."

If you have evidence of this, feel free to present it. Otherwise, color me extremely skeptical.

my opinion is simply their feigned neutrality as a means of not taking a moral stand about anything. Thanks for sharing your opinion.

I didn't connect their political neutrality with their approach to business dealings or with morality, per se. I still don't agree but I appreciate the explanation.

In my eyes anyhow. right or wrong, with TFG's background IT'S FOREIGN MONEY!!

So, yeah, drilled down to where the company is HQ'd, it could be considered foreign money. By that logic, I guess Bud Light is a Belgian beer.

Chubb is a massive multinational corporation. Trump's background likely has nothing to do with where the funds came from. They have a huge presence in the US, so there's little reason to believe the money originated anywhere other than there.

Sometimes a bond is just a bond.

With TFG's BACKGROUND, I differ.

It would first have to be a beer for us to determine if it's Belgian or not.

I do think this has a glimmer of possibility - subsidiaries do pass money between them from different branches. It's easier to do than completely different companies passing money between them. But show me more evidence that Russian money funneled through various subsidiaries to ultimately get to the Defendant then I will believe. Right now I would rate this as plausible.

Bud is Brazilian. Sub of Brahma.

Tastes more like I imagine horse whiz tastes

After which Musk said he wasn't "donating to either candidate." The word "donating" is suspiciously specific. Someone should ask him if he's going to have any financial dealings with Trump. Maybe a loan? Musk could just put a month's interest from his checking account in escrow and cover Trump's bonds.

Musk will probably donate to various PACS with Trump's name all over them. He just won't do it directly.

Last weekend Musk flew into West Palm Beach airport then flew out the same day. Probably signed the documents in exchange for some cheap DWAC shares and yet-to-be-determined favors.

Are they all involved in the conspiracy, too?

The incessant need to link everything to Russia gets pretty ridiculous sometimes.

and who understand that most of the time a cigar is just a cigar. I just want to tear my hair out when I see crap like this on DU.

This man is mortgaged to the max, what assets were used to secure the bond?

Was the security cash, stock, oil, snickers bars? Oh no I forgot ketchup.😉

The murkiness and lack of transparency breeds distrust. This man is the Republican candidate (almost) for President of the US. I don’t understand why this is not public information. Oh yeah, tax returns…

The appeal bond ensures that will happen. I don't care how TFG financed it.

The cost to Trump for getting the supersedeas bond was something he could easily cover. The premium is probably under $1 million and the costs of providing collateral was a few hundred thousand, max. Almost everyone commenting on the appeal bond has absolutely no first hand experience with such bonds or even knew that they existed until yesterday.

in accordance with the jury's verdict. The appeal bond is a totally normal part of the process. It was issued by a subsidiary of a huge multinational, publicly-traded umbrella company (their SEC 10-K form is on line; you can see for yourself what they do and how much money they make) that sells many kinds of insurance through one of its subsidiaries in 55 countries (30 of which are in the US). Check your 401K or mutual funds; they very well might hold stock in Chubb Group. There is nothing at all unusual about the issuance of an appeal bond for a multi-million dollar verdict - in commercial litigation cases it's routine and happens every day. The appellant pays a premium of a certain percentage of the verdict but typically also has to put up collateral covering the whole verdict plus interest. Where Trump got the money for the premium is unimportant, but he certainly has legal access to a fair amount of cash, much as he hates to part with it. The only important thing regarding this case is that Carroll is assured of getting the money the jury awarded her.

in person the other day?

Surprise

ongoing legal disputes, both civil and criminal, or do you want to vote for the guy who goes home in the evening and plays with his dog?

Trump needs money, the Kremlin provides. Now what does the Kremlin want in return? Trump will be getting national security briefings. You can guess what Russia wants as payment.

It is an American firm, it is part of the S&P 500 stock index, with its parent holding company (Chubb Limited) incorporated in Zurich. It has offices in over 54 countries, insuring clients in over 170 nations.

I assumed the worst

And an American president shouldn’t owe tens of millions of dollars to foreign entities.

But like I said, too soon to tell.

..... secret for him to put a price on and disclose to our enemies. Please tell me that this isn't true.

At this point, I understand that Biden can stop this or at least LIMIT what is discussed.

I understand Chubb is a huge, multinational company with subsidiaries and business worldwide and Trump's $91 mill is pocket change.

I also understand a few other facts.

-- In the late 1980's, major US banks met with Trump and told him they were cutting him off -- no more loans because of his track record. Not too long thereafter, he was purchasing golf courses in Great Britain. When asked by Golf Digest magazine about this, Eric Trump replied: "We don't need the banks. We get all the money we need from Russia."

-- Trump did a lot of loan business with DeutscheBank. Long before Trump ran for the White House, Justice Kennedy’s son, Justin, worked as an investment banker at Deutsche. The younger Kennedy developed a relationship with Trump, his daughter Ivanka and son-in-law Jared Kushner, helping to finance real-estate deals no other bank would touch because of Trump’s record of failing to pay his debts to lenders, contractors and business partners. Justice Kennedy, you will recall, retired in 2018 (who was POTUS then?), clearing the way for Trump to put Gorsuch on the Court.

-- Trump did a lot of business with the Bank of Cyprus, notorious for laundering Russian mob money. One Wilbur Ross was for several years a VP of Bank of Cyprus where he dealt with "international monetary matters." In 2015, while he served as vice-chairman of the Bank of Cyprus, the bank’s Russia-based businesses were sold to a Russian banker and consultant, Artem Avetisyan, who had ties to both the Russian president and Russia’s largest bank, Sberbank. At the time, Sberbank was under US and EU sanctions following Russia’s annexation of Crimea. Avetisyan had earlier been selected by Putin to head a new business branch of the Russian president’s strategic initiative agency, which was tasked with improving business and government ties. Wilbur Ross was Trump's Secretary of Commerce.


Was it Ian Fleming who told us:

Trump is meeting with Orban at Mar-A- Lago.

Orban is close to Putin.

So you can imagine Trump is making a deal with Orban and Putin.

Goes like this:

Wake the fuck up DOJ, MSM

Wake up people before it is too damn late.

I am sure that if Russia provided the money - and it seems to me likely that it did - there were only a very few strings attached.

Just like the last time Putin installed Trump into the WH.

We need clandestine action.

The networks were damaged.

"the only way to close out a bond is to exonerate the bond and discharge the surety’s liability.

Determining how to exonerate the bond and discharge the surety’s liability depends on the circumstances in which the case was concluded. In general, it requires establishing definitively that no liability can be argued against the appeal bond. In cases where the judgment was reversed in its entirety as to all judgments and parties, this may be as straightforward as providing the court’s opinion to the surety. The same may be true for cases that are settled where the settlement agreement specifically exonerates the bond referencing the bond number and surety."
DT always has a way to try to dodge the bill/responsibility. What happens if DT gets the award reduced? More delays, more appeals, more BS. I think he is trying to get the award reduced. I think JC's lawyers should appeal the bond.

And the court's approval of the bond isn't appealable. Why the hell are people arguing against a totally routine means, codified in the rules of appellate procedure, of assuring that Carroll will get the funds that the jury awarded?

The judge has yet to approve the bond and is asking for the attorneys to weigh in. Why make it easy for the swindler, traitor, cheat and con? Everything he does is dishonest. If there would be a way to deny liability of the bond, DT would be the one to try. I have no idea how the bond is collateralized. Which is the normal process.
"And the court's approval of the bond isn't appealable."-I never said it was.

He was installed once into the WH and has a good chance of doing it again.

Also a puppet of the Kremlin?

Trump claims to be a multi-billionaire. He claims he has significant cash on hand (Habba Babba said 500M). When you and I say we have cash, we usually mean folding money or a bank account. When wealthy people say cash they don't mean that they have money stashed under the mattress. What they really mean is that they have liquid assets. That means they have unencumbered funds parked in some sort of interest bearing situation that they can access and move around on very short notice. They don't have to sell or mortgage a property (or their private jet) to free up assets.

To satisfy the court, Trump in some way had to pledge $91M before he could make an appeal. That money has to be unencumbered, so that if the appeal fails, the court can disburse the full amount to the E. Jean Carrol immediately. Trump did not put up his own money. Instead, he got Federal Insurance Company, a subsidiary of Chubb Group LLC, to provide the court with a $91M bond. In this situation, the bond is like a loan. I have no reason to believe that F.I.C. would put up the money on more favorable terms than Honest Abe's House of Bonds. That means a 20% fee up front to obtain the bond. In this case that's about $18M. If you have liquid cash somewhere, why would you get a bond? Unless you are a loan shark, your cash is going to be earning significantly less than 20%. So you sacrifice your earned interest and use your own money. That's just simple math. Trump used a bond which must mean he doesn't have the cash.

The big question I have is, why would any legitimate company put up any size bond for Trump? What could induce a loan officer or loan committee to cover Trump?

Before Honest Abe or F.I.C. is going to put up a bond, they are going to want collateral to cover their money. Trump would have had to pledge a property with a least $91M in equity. They would also have to look at his financial statements. Oops! We already know he has been adjucated a fraudster. You can't believe anything Trump tells you. How would you really know if his collateral had $91M in equity? It is difficult for me to see how F.I.C. could do their necessary due diligence in such a short time to assure themselves that their bond is covered.

If Trump's appeal fails, he must pay Carroll immeadeately. If he refuses or can't pay, then the court orders F.I.C. to transfer the funds to Carroll. Now Trump has to pay F.I.C. or they sieze the collateral. They sell off the collateral. This is where the rubber meets the road. If the property is already encumbered by previous loans or pledges (which surely have numerous attached covenants), those encumberence holders have first call on the proceeds. After all of those debts are covered, then F.I.C. gets it's money. There is no guarantee that there will be $91M left. Also, this will surely spawn numerous law suits. F.I.C. could find itself fighting with numerous other debt holders.

Now add to all that the fact that Trump owes roughly $500M on his fraud judgement. There is no way he has that kind of cash available. If he wants to appeal, there will have to be another bond. If F.I.C. or any other organization puts up a bond, you can definitely assume something is rotten in Denmark. As soon as the judgement grace period ends and trump can't pay, James is going to attach everthing Trump owns in New York. No matter what, the Carroll appeal will still be going on when James starts grabbing assets. Now it's a fire sale. Trump's carroll collateral could seriously crash iin value. Law suits are going to fall like rain. F.I.C. has people way smarter than me in financial matters. They would have had to take all of this into consideration. F.I.C. stands a good chance of getting burned.

Which brings me back to my original question, why would any "legitimate" company working under normal banking practices put up the bond? Me thinks something really is rotten in Denmark or Gotham.

His donating suckers
Putin
Orban
Saudis

Would be dumb enough to give Chump money?

Trumpy opened his big mouth in Georgia last night and defamed Ms Carroll again. Judge Kaplan is soooo smart. He left the door open for Carroll’s team to oppose the bond by 11:00 am Monday.🤪 She can also file another defamation suit.

So I guess we all found out $91 million of someone else’s assets wasn’t enough to shut him up.