General Discussion

Ocelot II

(116,003 posts)

44. Not at all. Where this case is concerned, the *only* priority is that Carroll is compensated

Sat Mar 9, 2024, 03:23 PM

Mar 9

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.

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Did Russia pay Trump's $91 million bond? [View all] AverageOldGuy Mar 9 OP

Shocker!!!!!! FalloutShelter Mar 9 #1

Oh, FFS. Come on , people; not everything is Russian conspiracy. Ocelot II Mar 9 #2

Good luck presenting facts. Heck, I had Chubb Disability insurance when I worked for state government in 1970s. Silent Type Mar 9 #12

At this point... TwilightZone Mar 9 #14

For good reason. Irish_Dem Mar 9 #45

No, it's really not. TwilightZone Mar 9 #62

The FACTS are that Russia interfered with an election and helped install Trump into the WH. Irish_Dem Mar 9 #63

In the 80s I worked in an industry that required bonding. Worked through a broker for Chubb & Son and got twodogsbarking Mar 9 #25

Thanks! Everything's Russia is getting a bit tiresome. NT reACTIONary Mar 9 #38

Thanks for this info! ShazzieB Mar 9 #39

If it's Swiss HAB911 Mar 9 #3

That's an awfully broad statement. ShazzieB Mar 9 #40

sorry HAB911 Mar 9 #42

Oh, I see. ShazzieB Mar 9 #65

This message was self-deleted by its author wolfie001 Mar 9 #4

It's foreign money bluestarone Mar 9 #5

They're a Swiss company. TwilightZone Mar 9 #9

It's OK. if I believe differently bluestarone Mar 9 #11

I disaggree about "Bud Light is a Belgian beer" Jerry2144 Mar 9 #16

Bud enid602 Mar 9 #50

That may be true. But it still isn't beer Jerry2144 Mar 9 #61

Trump also met with Elon Musk last week gulliver Mar 9 #6

Liars lie specfically. . . . h2ebits Mar 9 #22

Co-signor for the bond perhaps superpatriotman Mar 9 #58

Chubb has offices in 55 countries. TwilightZone Mar 9 #7

+1. There is so much to criticize trump for that we don't have to invent conspiracies. But we do. Silent Type Mar 9 #13

And it's just as stupid when we do it. Ocelot II Mar 9 #15

Totally agree. It's actually worse when we do it. Silent Type Mar 9 #17

Yup. We're supposed to be the reality-based people who believe in facts and science, who check their sources, Ocelot II Mar 9 #19

Transparency SARose Mar 9 #20

Why do we care? What's important is that Carroll gets the money she was awarded. Ocelot II Mar 9 #21

I think your priorities are upside down. triron Mar 9 #30

My priority is for Carroll to get the money she has been awarded. I guess you don't care if she does. onenote Mar 9 #36

Not at all. Where this case is concerned, the *only* priority is that Carroll is compensated Ocelot II Mar 9 #44

+100 Celerity Mar 9 #37

Did Orban deliver the news MOMFUDSKI Mar 9 #8

Surprise cilla4progress Mar 9 #10

No surprises there liberal N proud Mar 9 #18

Do you want to vote for the guy will multiple TexasBushwhacker Mar 9 #23

"It was not clear from court records what collateral Trump presented to obtain the bond from Chubb." dalton99a Mar 9 #24

So.. alfredo Mar 9 #26

Chubb is NOT a Kremlin-controlled firm. Chubb is the world's largest publicly traded property and casualty insurer Celerity Mar 9 #41

I should. Have done fact checking first. alfredo Mar 18 #68

Too soon to tell. Smells like foreign money, though. Iggo Mar 9 #27

So, we are going to put it in the hands of an individual who has repeatedly mishandled Top Secret material. More state.. usaf-vet Mar 9 #28

I understand . . . AverageOldGuy Mar 9 #29

Sarcasm here? triron Mar 9 #31

If I were of a suspicious mind, I might say something like this -- sarcastically, of course AverageOldGuy Mar 9 #35

I'd posit you are warm. As in 'hide and seek'. triron Mar 9 #52

+1. When it comes to Trump, assume the worst. He no longer deserves the benefit of the doubt dalton99a Mar 9 #32

I know, people assuming Trump will follow the rules are quite naive. Irish_Dem Mar 9 #48

And of course it's just a coincidence orban shows up. triron Mar 9 #53

Yet people who can connect these dots are called conspiracy nuts. Irish_Dem Mar 9 #55

Evan Greenberg to the rescue! DJ Porkchop Mar 9 #33

I am sure .... Shoonra Mar 9 #34

There will be strings attached absolutely. Irish_Dem Mar 9 #47

Where is the CIA? triron Mar 9 #56

Soon after Trump entered the WH, there was a very high death and disappearance rate of CIA assets. Irish_Dem Mar 9 #57

Since it is DT and the ceo is connected to DT, I would look hard at how the bond is backed. 58Sunliner Mar 9 #43

Oh, here we go again. The bond ensures the judgment will be paid if TFG loses the appeal. Period. Ocelot II Mar 9 #51

If he loses the appeal, that would be the normal process. 58Sunliner Mar 10 #67

We would be very naive and foolish not to ask this question. Irish_Dem Mar 9 #46

Is every company that does business in Russia sarisataka Mar 9 #49

Wow does everything have to be a Russian conspiracy ?!? dweller Mar 9 #54

I read the post and the rebuttals. Both only raise more questions. flashman13 Mar 9 #59

Behind maggots money MFM008 Mar 9 #60

It was my second thought after who Hassler Mar 9 #64

Bond in trouble SARose Mar 10 #66