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marble falls

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76. He didn't say how the guarantee from TFG was made. More Putin money laundering?

Reply to BumRushDaShow (Original post)

Thu Mar 14, 2024, 09:48 AM

Mar 14

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Chubb CEO defends backing Trump appeal bond in E. Jean Carroll case [View all] BumRushDaShow Mar 13 OP

But they are taking sides, and they are supporting that rapist Trump. canuckledragger Mar 13 #1

No. The purpose of an appeal bond is to protect the person Ocelot II Mar 13 #2

THANK you Ocelot.... democratsruletheday Mar 13 #15

Thanks again Ocelot.. democratsruletheday Mar 13 #16

But is Trump paying market rate for this surety exboyfil Mar 13 #27

Is Trump paying at all? dpibel Mar 13 #63

"Trump's benefit" dpibel Mar 13 #64

Yes, he keeps his assets for now, but since they are collateralized he can't do anything with them; Ocelot II Mar 13 #68

You. Do. Not. Know. dpibel Mar 14 #72

Is there some evidence of this? Ocelot II Mar 14 #74

The same quantum of evidence you have dpibel Mar 14 #80

Whatever. Ocelot II Mar 14 #81

Let's see how they feel when Trump stiffs them Ray Bruns Mar 13 #3

$90M is pocket change for Chubb. Ocelot II Mar 13 #5

That's seems at odds angrychair Mar 13 #8

Published by whom? Ocelot II Mar 13 #11

Greenberg angrychair Mar 13 #21

He's still on it. Why hasn't Biden removed him? Ocelot II Mar 13 #35

Link to this "published" account? Or is it a "some people say" account? onenote Mar 13 #25

Google is free angrychair Mar 13 #32

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

OpenSecrets angrychair Mar 13 #33

And he's given thousands to Democrats, although admittedly not as much as GOPers. Silent Type Mar 13 #41

I don't know about Evan EndlessWire Mar 14 #70

Do you think CHUBB will cover bluestarone Mar 13 #19

He can't. They have collateral worth way more than the bond amt. mobeau69 Mar 13 #7

And Trump's own, highly reliable word... HariSeldon Mar 13 #38

Do they really, though? Diraven Mar 13 #56

Even if the collateral was way overvalued by their underwriters EJC still gets her money. mobeau69 Mar 13 #57

You skipped a step dpibel Mar 13 #59

You have a point but why would Chubb get involved? mobeau69 Mar 13 #61

For bucks dpibel Mar 13 #62

fuck chubb ZonkerHarris Mar 13 #4

Why don't you want Carroll's verdict to be protected Ocelot II Mar 13 #6

I want her to take the Tower ZonkerHarris Mar 13 #18

Trump doesn't own the tower. Ocelot II Mar 13 #20

Chubb writes bonds. Strickly business. twodogsbarking Mar 13 #9

They must be catching a good deal of heat for this. Novara Mar 13 #10

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

He's only appealing the judgement. mobeau69 Mar 13 #24

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

Yeah and as long as it is all tied up in court, he's not paying. Novara Mar 13 #43

That's Chubb's problem, and they considered that risk when they issued the bond Ocelot II Mar 13 #44

And E. Jean Carroll will get her payout from Chubb, no matter what. ShazzieB Mar 13 #52

Absolutely. Ocelot II Mar 13 #54

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

I would just like to know EndlessWire Mar 14 #71

I have a simple solution for the CEO maxrandb Mar 13 #14

Just one more thing Mr. CEO maxrandb Mar 13 #17

Mr Chubb CEO Danascot Mar 13 #22

If I were Chubb shareholder, I'd be angry that the CEO just threw $90M out the window Wild blueberry Mar 13 #23

So you don't think they have collateral covering the amount of the bond? onenote Mar 13 #26

Chubb will not lose. I would bet on it. They know their shit and how to wipe it. twodogsbarking Mar 13 #29

I agree. ShazzieB Mar 13 #55

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

They wouldn't have written the bond if their underwriters weren't confident Ocelot II Mar 13 #37

Chibb enid602 Mar 13 #30

For the F_%k Greenberg crowd, the horrible Evan Greenberg said this after 1/6/2021. Silent Type Mar 13 #31

So Mz Pip Mar 13 #34

I'm running out of hands with which to perform another facepalm. Ocelot II Mar 13 #39

"I'm running out of hands with which to perform another facepalm." BumRushDaShow Mar 13 #47

That's about right... Ocelot II Mar 13 #48

... BumRushDaShow Mar 13 #50

Why do it? To make around a million bucks. onenote Mar 13 #45

I still hope they lose it all SouthernDem4ever Mar 13 #46

For the umpteenth time, the purpose of the bond is to protect Carroll's verdict, Ocelot II Mar 13 #49

Assumes facts not in evidence dpibel Mar 13 #58

You also make an assumption onenote Mar 13 #65

I said no such thing dpibel Mar 13 #66

Yes you did. onenote Mar 13 #67

I am SO BUSTED!!1! dpibel Mar 14 #73

And what is the evidence that assets other than Trump's are the collateral? Ocelot II Mar 14 #77

You are the one making flat assertions dpibel Mar 14 #78

Whatever. Ocelot II Mar 14 #79

It's not a bad thing - for Trump SouthernDem4ever Mar 14 #75

The main backer for the Brexit campaign in the UK OnDoutside Mar 13 #51

It's not odd at all. Insurance is very, very big business all over the world. Ocelot II Mar 13 #53

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

Chubb has a chubbie for Chump Kennah Mar 14 #83

I was told there would be popcorn served with this thread. Where's the line? NT mahatmakanejeeves Mar 14 #84

this is fine prodigitalson Mar 14 #85