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getagrip_already

(14,934 posts)

12. Nobody, its a bond

Reply to gab13by13 (Reply #2)

Fri Mar 8, 2024, 02:42 PM

Mar 8

It's basically a promise by the third party to pay if the appeal fails.

In this case the insurance company wrote the bond. A bank probably guaranteed the bond to the insurer and has collateral it has rights to.

But the only money involved were the fees to the bank and insurer, which are non refundable.

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22 replies

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Highlight:

The circumstances of TSF's $91 million bond are of great importance [View all] edhopper Mar 8 OP

It appears to be legit EarlG Mar 8 #1

The bond has to be legit edhopper Mar 8 #4

The insurance company issuing the bond is a division of chubb getagrip_already Mar 8 #10

Chubb ties to Russia? Nevilledog Mar 8 #17

Chubb, A SWISS company has offices in 54 countries. WarGamer Mar 8 #21

A few of his smaller properties reportedly have no debt. TwilightZone Mar 8 #5

Yeah but who just deposited 91 million, gab13by13 Mar 8 #2

Makes you wonder what Elon Musk was doing at Mar-a-Grifto. Vinca Mar 8 #3

And Victor Orban who has very wealthy friends. Irish_Dem Mar 8 #6

Edit.... TwilightZone Mar 8 #7

Well, yeah but if they gave Trump the bond VMA131Marine Mar 8 #8

They would have gotten collateral. TwilightZone Mar 8 #9

Nobody, its a bond getagrip_already Mar 8 #12

So maybe the Saudis say moniss Mar 8 #11

A bank probably did issue chubb a letter of surety getagrip_already Mar 8 #13

There may also have been moniss Mar 8 #19

Someone who owes tsf one: scipan Mar 8 #14

I would think that any foreigh government (if it can be proven) Prairie_Seagull Mar 8 #15

TSF was in constant violation of the Emolument Clause as President edhopper Mar 8 #16

How about we with stick with facts? brooklynite Mar 8 #18

Because everything TSF does edhopper Mar 8 #20

How about "because conspiracies are actually hard to carry out" brooklynite Mar 8 #22