Wow, someone actually finally managed to force Trump to pay a bill.

  • jmanes@lemmy.world
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    8 months ago

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

    • FlowVoid@lemmy.world
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      8 months ago

      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

      • dhork@lemmy.world
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        8 months ago

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

      • CaptDust@sh.itjust.works
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        8 months ago

        Of course it’s the Chubb group. Of course. It’s funny they are supposedly a huge corp, but the only time I hear about them is when they’re meddling and buying politicians

          • Jimmyeatsausage@lemmy.world
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            8 months ago

            Well, not financially anyway. Maybe a promise for a future political favor if he wins? Not that I’d accuse a Swiss financial interest of working with fascists…

        • FlowVoid@lemmy.world
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          8 months ago

          I think he probably put up a building or two as collateral, kind of like a HELOC. If it’s not paid back, they repo the building(s).

          • mercano@lemmy.world
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            8 months ago

            I hope they got their own appraiser, because the Trump org is infamous for making up numbers. Better check the paperwork at city hall, too, to make sure there are no undisclosed mortgages, leans, or easements on the property.

            • RememberTheApollo_@lemmy.world
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              8 months ago

              An institution capable of making risky loans of substantial size certainly should have high quality risk and valuation assessment capabilities.

        • VirtualOdour@sh.itjust.works
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          8 months ago

          I imagine it’s fairly standard boilerplate for the situation ‘You must install corporate fascism and give me a job with medals and stuff if we manage to lie and cheat you into power again’

      • cqthca@reddthat.com
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        8 months ago

        so some of us premium payers took the risk, and he could send us a personal letter like he did when “He” sent us Covid Relief Checks.

    • baldingpudenda@lemmy.world
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      8 months ago

      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.

      • UnderpantsWeevil@lemmy.world
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        8 months ago

        some ppl want the RNC to pay donnie’s bills even though that would mean less money for down ballot candidates

        The catch is that Trump’s a prodigious fundraiser for the party. So not putting Lara on the co-chair spot could conceivably mean she runs of and does independent fundraising at the RNC’s implicit expense.

        Basically means about a billion needed and it would fuck the GOP in congress.

        I hate to say it, but Trump’s coat-tails alone are probably worth a billion in GOP organizing and advertising. His base loves him and his name at the top of the ticket will get out far more votes in 2024 than the GOP received in 2022.

        • GroundedGator@lemmy.world
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          8 months ago

          Thanks for this nightmare take.

          This combined with the inability of the DNC to come up with any sort of unified messaging other than defeating Drumpf is terrifying.

    • Stovetop@lemmy.world
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      8 months ago

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

    • TropicalDingdong@lemmy.world
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      8 months ago

      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?