Short version: Trump worked with a subsidiary of a Swiss insurance concern called Chubb whose CEO was a Trump appointee during his time in office. It’s unknown what if any collateral Trump had to put up.
(I wanted to use the WaPo version, but the archive sites aren’t working for me today.)
- DrugsMcChrist ( @DrugsMcChrist@lemmy.ml ) 19•9 months ago
GOP posts nearly $92 million bond in E. Jean Carroll defamation case
Because after Super Tuesday, the RNC’s primary function is being Trump’s legal fund.
- Midnitte ( @Midnitte@beehaw.org ) English8•9 months ago
Trump worked with a subsidiary of a Swiss insurance concern called Chubb whose CEO was a Trump appointee during his time in office.
I wouldn’t be surprised if there was something corrupt going on here…
- ulkesh ( @ulkesh@beehaw.org ) English4•9 months ago
Trump always uses other people’s money for his own gain. He will suffer nothing, not until his ass is behind bars and hopefully becomes someone’s bitch.
- DogPeePoo ( @DogPeePoo@lemm.ee ) 4•9 months ago
CHUBB future 📉
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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.
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