"Trump's $175 Million Appeal Bond: The Shady Banker and the Underwriter's Easy Decision"
TL;DR
Former President Donald Trump posted a $175 million bond in the New York civil fraud case after a state appeals court reduced the amount from $454 million, with the bond protecting his assets from seizure while he appeals the fraud judgment. The chairman of the company underwriting the bond stated that it was an easy decision, despite nearly 30 insurance companies declining to underwrite it. Additionally, an insurance company previously posted a $92 million appeal bond for Trump in a federal defamation case, prompting the CEO to defend the decision in a letter to investors.
Topics:nationlegal-politics#appeal-bond#donald-trump#insurance-companies#legal-politics#new-york-civil-fraud-case#underwriting
- Trump files $175 million appeal bond, chairman of company says 'it was an easy decision' to underwrite Fox Business
- Trump Got His $175 Million Bond From a Billionaire Fan's Company Yahoo Finance
- From 'practical impossibility' to done deal: How Trump posted the $175 million bond in his civil fraud case NBC News
- Billionaire known for high-interest loans to car buyers with poor credit chairs the insurance group that underwrote Trump's $175 million bond Fortune
- What Shady Banker Backed Trump's Civil Fraud Bond? This One. The New Republic
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