LAMP

I'm not sure but I think Chubb is a stockholder owned company. No doubt Greenberg cut through some red tape but I'm not sure even he can be play around with stockholder money without something to secure the risk. And as far as risks go, this is a big one.

I just read that the customary premium is 2% - 3% of the principal plus collateral but the details are secret. I'm more than a little curious what Trump had left to collateralize.

Thinking outside the box . . .

I'm just saying, this may not be the calling in of a favor that it appears. In fact, considering the high risk of favorable appeals on both tiers, it appears to me that Trump has been forced by desperation to use another piece of property to pay this debt.

Tier One, of course, is to overturn the conviction. And Tier Two is to lower the penalty.

This was probably smart move by Trump even though he had his tail between his legs when he made it. Thank goodness for friends in high places.

But it was only a hundred million dollars. Chump change compared to . . .

"Next up: $500 million "

He may not be so fortunate collateralizing a bond for half a billion in the fraud case. Aletia James has any property worth that much on ice.

Nobody is going to hand over a half billion dollars to Trump in cold cash. His problem is finding the collateral to secure bond insurance in the next 16 days ~~ if that's even possible.

I'm looking forward to March 25 being another date that will go down in infamy as Trump's fraud case begins to strip away every vestige of the money and property that's been propping him up all these years.

The Stormy Daniels hush money trial starting on the same date will pale by comparison.

AU

My question earlier was, where is he going to get the collateral to secure a bond?
The D.A.'s office pretty much has everything associated with Trump Org on ice.

Any loose property has probably already been collateralized up by Chubb.

16 days left till March 25th deadline. Tick-tok . . . tick-tok

So . . . where does a guy go to get a half billion dollars in a hurry?