AntiTrumpAlliance

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An alliance among all who oppose Donald Trump's actions, positions, cabinet, supporters, policies, or motives. This alliance includes anyone from the left or the right; anyone from any religion or lack thereof; anyone from any country or state; any man, woman or child.

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From 'practical impossibility' to done deal: How Trump posted the $175 million bond in his civil fraud case (www.nbcnews.com)

submitted 9 months ago by [email protected] to c/antitrumpalliance

4 comments fedilink hide all child comments

cross-posted from: https://lemm.ee/post/28524884

Looks like it actually was possible to bond the whole amount.

Don Hankey, the billionaire chairman of Knight Insurance Group, told NBC News he was negotiating to post a far heftier bond of $557 million with the Trump Organization when the state Appellate Division lowered the size of the required bond to $175 million.

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[–] NegativeInf 7 points 9 months ago

He only got it lowered because his lawyers stated there was no way he could pay the full amount to appeal and that no one would provide a loan, then he went around stating the opposite saying he had the cash and now we find out he was negotiating for a far more substantial loan for the full amount before it was lowered! I hope his bones escape.