Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Latest Breaking News
In reply to the discussion: Chubb CEO defends backing Trump appeal bond in E. Jean Carroll case [View all]Silent Type
(3,032 posts)41. And he's given thousands to Democrats, although admittedly not as much as GOPers.
Edit history
Please sign in to view edit histories.
85 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
Chubb CEO defends backing Trump appeal bond in E. Jean Carroll case [View all]
BumRushDaShow
Mar 13
OP
Yes, he keeps his assets for now, but since they are collateralized he can't do anything with them;
Ocelot II
Mar 13
#68
No, you referred to a published account of an 11th hour meeting between Trump and Greenberg leading to the bond
onenote
Mar 13
#60
Greenberg Traurig, a law/lobbying firm, was just signed to represent Orban's government.,
Ocelot II
Mar 14
#82
Do you have a link to a credible source that Greenberg is a Republican mega donor?
Silent Type
Mar 13
#28
And he's given thousands to Democrats, although admittedly not as much as GOPers.
Silent Type
Mar 13
#41
Even if the collateral was way overvalued by their underwriters EJC still gets her money.
mobeau69
Mar 13
#57
He can't stiff Chubb. They have attorneys way better than Hubba Bubba that wrote the secured contract.
mobeau69
Mar 13
#12
While true, as long as he's being sued, he avoids actually paying. He could drag this shit on until he dies.
Novara
Mar 13
#13
If he doesn't pay Carroll, Chubb pays - and then they'll come after the collateral he put up for the bond.
Ocelot II
Mar 13
#36
That's Chubb's problem, and they considered that risk when they issued the bond
Ocelot II
Mar 13
#44
He can't. At the end of the appeal process, if he loses (and he will), the bond guarantees Carroll gets paid.
Ocelot II
Mar 13
#40
If I were Chubb shareholder, I'd be angry that the CEO just threw $90M out the window
Wild blueberry
Mar 13
#23
Chubb will not lose. I would bet on it. They know their shit and how to wipe it.
twodogsbarking
Mar 13
#29
Hell, it's tempting to buy stock in Chubb, especially if they also issue the bond for the much larger verdict
Ocelot II
Mar 13
#42
For the F_%k Greenberg crowd, the horrible Evan Greenberg said this after 1/6/2021.
Silent Type
Mar 13
#31
For the umpteenth time, the purpose of the bond is to protect Carroll's verdict,
Ocelot II
Mar 13
#49
I am waiting for her to start another defamation case against Trump....
William Gustafson
Mar 13
#69
He didn't say how the guarantee from TFG was made. More Putin money laundering?
marble falls
Mar 14
#76
I was told there would be popcorn served with this thread. Where's the line? NT
mahatmakanejeeves
Mar 14
#84