Crepitus
Diamond Member
- Mar 28, 2018
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Trump’s Bond Insurer Doesn’t Seem To Have The $175M It’s Guaranteeing
"In a midday court filing, the Knight Speciality Insurance Company revealed that it currently only has $138 million in “surplus.” That means the bond it has decided to post for Trump smashes through the 10 percent barrier, topping a whopping 127 percent of the company’s dedicated reserves."
Pretty much explains why the guy was willing to do it, he can't risk what he doesn't have.
Crooks and liars trying to post bond for a crook and a liar.
trump claims he has half a billion dollars in cash, why does he need someone else to post his bond anyway?