Who is Trump’s “Honey Daddy” that is “co-signing” his bonds and now “owns” him?
CJKent_band
The truth hurts, but if you accept it, it will set you free
“I just posted a $91 million bond, $91 million on a fake story, totally made-up story,”
The bond was “guaranteed” by the Chubb Corporation, an insurance group.
In 2018, Trump appointed Chubb’s CEO Evan Greenberg to a White House advisory committee for trade policy and negotiations.
The same could happen for the bond for the NY AG $450M judgment.
Who is Trump beholden to?
From Google dictionaries:
be·hold·en
adjective
1. owing thanks or having a duty to someone in return for help or a service
“I don't like to be beholden to anybody"
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“Fox’s Brian Kilmeade: You have to come up with $400 million, how close are you to securing the bond?
Trump: I have a lot of money. I can do what I want to do.
Fix’s Brian Kilmeade: So you’re not worried about the money?
Trump: I don’t worry about money.”
HOWEVER
“On February 28, 2024, Mr. Trump’s lawyers had asked the appeals court to allow him to post only a $100 million bond — a promise from an outside company that the judgment eventually will be paid — because securing one for the full amount was “impossible,” they said.
So what is it?
BTW betcha that Chubb gets a fee plus 10% per year interest and I’d also be willing to bet that the fee is more than enough to cover the cost of seizing the collateral which he surely was forced to post as well.
The question is what the Commander in Thief aka Teflon Don, Ex-POTUS put as “collateral” or if someone with enough cash (like Elon “Mr. Tweet“) co-signed up.
In other words the question is; Who else is the Commander in Thief Beholden to now?
Exactly
Since Chubb is the surety guarantor, I’d really be interested in who are their primary investors I’m not sure but I believe The Chubb Group is privately owned.
One other aspect of this, if he loses his appeal, bankruptcy won’t prevent E Jean from getting her money. Chubb (public company) still has to pay up and then collect from him. I have little doubt the orange doofus has $91 million but he has to go through the same process on his business fraud case for another $400 million. That judgment seems more likely to be lowered, but if he loses both appeals his liquidity situation becomes much more dire.