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  • The $454 million bond is "unprecedented

    From JAB@21:1/5 to All on Mon Mar 25 14:47:05 2024
    The $454 million bond is "unprecedented, and practically impossible
    for ANY Company."


    Larger companies have paid for appeals bonds of $1 billion or more, or
    twice the value of the one former President Donald Trump faces.

    An appeals bond that is the value of the one Trump faces is more
    common for larger companies than for a closely held, privately owned
    company such as the Trump Organization, experts said.
    ...
    ...
    This judgment's size is not unprecedented, according to examples
    provided by James' office and an expert we contacted. A judgment that
    big is more common in cases involving large or multinational
    corporations than with a privately owned, closely held company such as
    the Trump Organization.

    https://www.politifact.com/factchecks/2024/mar/22/donald-trump/trumps-454-million-bond-for-new-york-fraud-case-is/

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Retrograde@21:1/5 to JAB on Tue Mar 26 01:51:00 2024
    On 2024-03-25, JAB <[email protected]d> wrote:
    The $454 million bond is "unprecedented, and practically impossible
    for ANY Company."

    Guess that orange clown just got grabbed in the pussy. Loser.

    Cry more, losers.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From JAB@21:1/5 to All on Mon Mar 25 20:55:11 2024
    Trump civil fraud case: New York court lowers bond to $175m and gives
    10-day deadline

    Reduction in bond amount doesn't reduce the total $454m fine, but
    assures Trump will pay full amount if his appeal is unsuccessful

    https://www.theguardian.com/us-news/2024/mar/25/trump-fraud-bond-deadline

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)