Donald J Trump of course. Trump’s surety bond was missing vital information typically included in bond fillings.
"There seem to be serious issues," said Bruce H. Lederman, an attorney who has filed many bonds in New York, including for a real estate developer challenging a judgment. Lederman said he was struck by "glaring errors" in the bond. "In all the years I've been doing this, you always have to have a certificate from the Department of Financial Services saying that you're licensed to issue a surety bond," he said, referring to the missing certificate of solvency under Section 1111 of New York Insurance Law.
Cheers!
One crook with ties to Russia bailing out another crook with ties to Russia. What I’m wondering is if it means Trump didn’t make the bond deadline so the court can start taking his stuff. Cheers!
I think he was trying to pull the wool over the eyes of Lady Justice. Cheers!
At first I thought the other thing that was almost worthless was his name. Trump takes great pride in his name so I wonder how he is going to feel when his new name is Mud. I think Trump missed his opportunity to sell his shares at a profit because the shares are going to keep going down. Cheers and happy weekend!
Trump probably was the most compromised president in US history. And he will be a 100X more compromised if he gets back in. Cheers and happy weekend!
After a rough week for his new social media Trump ranted on his Truth Social account Thursday about how great the platform is doing But Trump may have broken some Securities and Exchange Commission rules in the process. SEC laws prohibit the use of “manipulative and deceptive devices” to pump up stocks. Trump’s bragging in the face of heavy losses by his company could fall under that category, Trump critic George Conway tweeted Thursday afternoon. Cheers and happy weekend!
This post was edited by Nanoose at April 6, 2024 9:35 AM MDTI cant find any info about the bond being eccepted by the court. Cheers!
Recently new questions about the bond have come into play. By court order Trump was supposed to provide a list of all the lenders they approached to get the bond. The court didn’t get that – instead they got Eric Trump claiming that he approached 30 top lenders and they all laughed in his face. I think they are going to find that Trump didn’t approach 30 top lenders he only approached the one that would go for a you wash my back and I’ll wash your back deal and that back washer has ties to Russia. Cheers!
Perhaps even more troubling, the legal document from Knight Specialty Insurance Company doesn’t actually promise it will pay the money if the former president loses his $464 million bank fraud case on appeal. Instead, it says Trump will pay, negating the whole point of an insurance company guarantee, according to three legal and bond experts who reviewed the contract for The Daily Beast.
“This is not common… the only reason this would be done is to limit the liability to the surety,” said N. Alex Hanley, an expert in how companies appeal enormous judgments.