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re: Trumps 175 million dollar bond will stand.
Posted on 4/22/24 at 3:42 pm to Covingtontiger77
Posted on 4/22/24 at 3:42 pm to Covingtontiger77
quote:if this were a “normal“ bond, you would be correct. You have apparently missed the part where Trump has argued (repeatedly) that he gave his insurance company $175mm in cash to “cover“ the bond.
Trump may have $175m in cash, but why tie up his money while this gets appealed. That could take years. The bond is essentially an insurance policy.
either Trump is lying, or this is not a normal surety bonding situation.
This post was edited on 4/22/24 at 4:12 pm
1
Posted on 4/22/24 at 4:05 pm to OzonaOkapi
Oh Hank
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