this post was submitted on 08 Mar 2024
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Wow, someone actually finally managed to force Trump to pay a bill.

(page 2) 36 comments
sorted by: hot top controversial new old
[–] [email protected] 81 points 8 months ago (8 children)

He's still not actually paying her. He's just securing a bond that lets him avoid paying while he seeks an appeal. Just keep kicking the can down the road.

"Donald J. Trump on Friday posted a $91.6 million bond in a defamation case he recently lost to the writer E. Jean Carroll, staving off a potential legal and financial disaster just days before a deadline to secure the deal. The bond, provided by an outside insurance company, will prevent Ms. Carroll from collecting the judgment while Mr. Trump appeals."

[–] [email protected] 87 points 8 months ago (10 children)

The bond, provided by an outside insurance company,

Someone better name some fucking names, cause I wanna make sure I don't do business with an insurance company that is that bad at risk assessment.

[–] [email protected] 48 points 8 months ago (2 children)
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[–] [email protected] 19 points 8 months ago (2 children)

True, but in order to get that bond, he had to put up collateral.

[–] [email protected] 14 points 8 months ago (2 children)

Right, not disputing that at all. I'm just saying he's (or whoever is footing the bill) a long way from actually paying anyone their due.

[–] [email protected] 37 points 8 months ago (11 children)

The point of the bond is that if the appeal fails, the court just hands the money over - shes probably more likely to see the cash this way than if he didn't appeal.

Appeals court doesn't give you a "do over" - they don't try the case again, they don't re-decide facts. Appeals court lets you argue that the previous court made an error in procedure. Given how competent Carrols' lawyers were and how totally incompetent Trump's were, I doubt they will be able to find anything.

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[–] [email protected] 6 points 8 months ago

Fair point.

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[–] [email protected] 5 points 8 months ago* (last edited 8 months ago)
[–] [email protected] 24 points 8 months ago (1 children)

Trump is the most famous rapist in the world.

[–] [email protected] 6 points 8 months ago (1 children)

Nah, don't let him have that, it'll go to his head like everything else. I'm sure there's more famous rapists.

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[–] [email protected] 29 points 8 months ago* (last edited 8 months ago) (1 children)

He definitely wants the story of being adjudicated a rapist to stay in the news through the whole campaign.

BTW, $91 million is ₽8,249,150,000 (rubles) according to the current exchange rate. Give or take...337,000,000 Saudi rials

Who paid?

A Hill and Axios didn't know.

NJT didn't know.

See BS didn't know.

Newspeak didn't know.

Forged didn't know.

But CNN says:

Insurance company Chubb underwrote the bond for Trump, which the former president signed on Tuesday. Under the terms of the bond, Chubb will only secure the appeal of the $83.3 million judgment, not any future appeals.

[–] [email protected] 8 points 8 months ago* (last edited 8 months ago) (2 children)

Didn't he meet with Elon yesterday? I wonder he'll come up with the $450 million soon too

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[–] [email protected] 92 points 8 months ago (4 children)

Someone paid it. Not entirely convinced it was directly from Trump.

[–] [email protected] 107 points 8 months ago* (last edited 8 months ago) (6 children)

It was definitely not directly from Trump.

Insurance company Chubb underwrote the bond for Trump, which the former president signed on Tuesday. Under the terms of the bond, Chubb will only secure the appeal of the $83.3 million judgment, not any future appeals.

Let me save you some trouble:

Chubb Limited is an American company incorporated in Zürich, Switzerland. It is the parent company of Chubb, a global provider of insurance products covering property and casualty, accident and health, reinsurance, and life insurance and is the largest publicly traded property and casualty insurance company in the world

[–] [email protected] 10 points 8 months ago (5 children)

I wonder what kind of insane terms are on that loan

[–] [email protected] 8 points 8 months ago (2 children)

Not that it would matter. Trump doesn’t honor agreements.

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[–] [email protected] 36 points 8 months ago

Wouldn't be the first time Trump has paid good money for a chubb

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[–] [email protected] 16 points 8 months ago (3 children)

Someone paid it. Not entirely convinced it was directly from Trump.

Isn't he under financial monitoring due to the NY case? Am I mistaken?

[–] [email protected] 3 points 8 months ago (1 children)

Not him personally, but his companies are.

[–] [email protected] 1 points 8 months ago

My understanding is that the distinctions are a bit grey insofar as how they are managed, but sure.

Its not clear to me he has any real kind of money laying around at this point. Maybe he does.

[–] [email protected] 9 points 8 months ago (1 children)

That doesn't necessarily make it public. In the NY case I remember reading that if someone paid the $354m bond even that wouldn't necessarily be transparent as to who paid it.

[–] [email protected] 3 points 8 months ago

Sure but there is a court appointed monitor. Like, some one knows who is empowered to raise a flag if its clearly shady?

Right?

right?

[–] [email protected] 30 points 8 months ago (2 children)

An insurance company named Chubb put up the bond money and they are not under financial monitoring.

[–] [email protected] 9 points 8 months ago (1 children)
[–] [email protected] 7 points 8 months ago (1 children)

Putin is worth $200 billion. Easily enough to cover all of Donnie's expenses. Vlad wants Donnie in the White House, and will settle for complete chaos in the West. If the GOP collapses, there will plenty of Lorena Booboos running around at the state level. Think of what the real Lorena has done, then multiple by 100.

[–] [email protected] 3 points 8 months ago

I mean, he's under serious financial scrutiny right now. Its not clear to me that this would even be possible.

[–] [email protected] 8 points 8 months ago (1 children)
[–] [email protected] 5 points 8 months ago

Ooo getting a chub at the thought

[–] [email protected] 100 points 8 months ago (3 children)

Trump's broke. That's why he put Lara trump as co chair and you hear that some ppl want the RNC to pay donnie's bills even though that would mean less money for down ballot candidates. Basically means about a billion needed and it would fuck the GOP in congress. I hope they go bankrupt.

[–] [email protected] 12 points 8 months ago (2 children)
[–] [email protected] 42 points 8 months ago

From the NY fraud case testimony and word on the street, she's distancing from daddy. She sees the writing on the wall. Plus, kushner got 2 billion for the Saudis so she don't need his money/ connections.

[–] [email protected] 29 points 8 months ago

I think you misunderstood their statement: Trump wants Laura to help him fuck the RNC, whereas Ivanka he just wants to fuck.

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[–] [email protected] 36 points 8 months ago* (last edited 8 months ago)

For Putin, a small price to pay if it means solidifying his grasp on American politics.

[–] [email protected] 119 points 8 months ago (1 children)

I hope she sues him again.

[–] [email protected] 56 points 8 months ago

I'm pretty sure she will, using the brand new NY Adult Survivors act.

[–] [email protected] 7 points 8 months ago

This is the best summary I could come up with:


Former President Donald Trump has posted a $91.63 million bond as he appeals the judgment against him in the E. Jean Carroll defamation case.

The notice of Trump’s bond and appeal was made with the federal court in New York on Friday.

In January, a federal jury awarded Carroll $83.3 million in damages as a result of Trump’s defamatory statements denying he raped her, saying she wasn’t his type, and accusing her of making up the allegation to boost sales of her book.

Trump also faces a March 25 deadline to put up another $454 million in the New York attorney general’s civil fraud case.

In Carroll’s case, Trump has argued that the jury award is excessive and should be reduced.

During the trial, Carroll’s lawyers told the jury that Trump should be punished with a large number in damages so that it actually gets him to stop his defamatory behavior.


The original article contains 189 words, the summary contains 150 words. Saved 21%. I'm a bot and I'm open source!

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