https://www.cnbc.com/2024/03/13/chubb-ceo-defends-backing-trump-appeal-bond-in-e-jean-carroll-case.html
Donald Trump has asked a federal appeals court to overturn a massive defamation judgment in favor of writer E. Jean Carroll, who accused him of rape.
"its just business"
yeah, if you have zero morals everything is just business you fucking fuck.
He's investing in a republican future. Republicans mean more money for people like him. It honestly is a very simple business decision that could lead to big profits in the future.
Easy, you continue to make money and stay alive when you do what your Russian handlers are telling you to do.
Insurance companies understand risk. Trump undoubtedly had to put up some serious collateral to secure the bond. Like casinos, insurance companies know how to come out on top of any transaction.
Insurance companies understand risk. Trump undoubtedly had to put up some serious collateral to secure the bond. Like casinos
No, Trump’s casinos are worthless 🤣.
Went bankrupt as a casino owner, and half the country thinks he’s some business genius. Smh.
@Rapidcreek so the guys that appraised Trump's properties in the fraud case are covering his bail? Well at least now we know what premium Trump paid for the bail: he paid with keeping their dirty secrets.
Supporting rapists is an expensive endeavor and Chubb is just the company to finance it.
This might not be a popular view here, but I believe the guy. We all know Trump's dubious history about paying people, I'm sure this guy does, too. This company is large enough that Trump can't make them go away by ignoring and delaying it.
And, we might end up with Chubb simply taking a bunch of Trump properties. Could we end up with Chubb Tower? That alone might be worth it.
Just in case you're interested if you're a Chubb Insurance customer I found this document on their public website that lists all of their subsidiary names in the USA and around the globe. file link on their website
https://www.yahoo.com/news/e-jean-carroll-lawyers-foil-084917018.html
Uh huh, this is the right thing to do, is it? Including provisions to give your special client 30 more days than normal to collect and 30 more days on top of that to disburse to Carroll should the appeal fail.
I can’t believe the writers called the insurance company “Chubb.” Who would call any company that in real life?
yea, I'm extremely anti-trump, but i don't have a problem with this. Unfortunately the American legal system operates on cash bonds, and i have no doubt they charged him a real high rate.
I don't understand your comment. You're saying a bad thing is okay because it's happening to a bad person.
Not at all, Im saying its OK for a bond company to help a bad person get a bond, since that's part of the american legal system. I would prefer cash bonds be gotten rid of entirely, since a wealthy person who is a flight risk shouldn't be able to just put money forward, while a poor person stays in jail.
This is not a bail bond, this is an appeal bond.
Bail bonds keep the accused out of jail before trial. They have a lot of problems.
An appeal bond is used to delay payment that someone owes after a trial, like Trump owes to Carroll.
Fair enough, thats a difference I wasn't aware of.
Its still how the American legal system works, and if appeal bonds are available, they should be available for all.