According to Andrew Weissmann, the "issue of who is actually behind this is something that people who are voting should know."

After Donald Trump posted a bond of nearly $92 million on Friday as he appealed the jury’s verdict in E. Jean Carroll’s civil defamation case, legal analyst Andrew Weissmann warned on Sunday that the former president may be “beholden” to people behind the bond.

Trump, the likely GOP nominee in the 2024 presidential race, was ordered in January to pay $83.3 million to Carroll, a former Elle columnist, for damaging her reputation after she accused him of sexually assaulting her in a department store dressing room in the mid-1990s. A separate jury last year awarded Carroll $5 million from Trump for sexual abuse and defamation. Trump has denied any wrongdoing in those cases and said they were politically motivated.

The $91.6 million bond, which Trump posted on Friday, consisted of the $83.3 million judgment, along with statutory interest added by the State of New York. The bond was secured by the Federal Insurance Company, a part of insurance company Chubb Corporation. The bond has since sparked speculation over why the Federal Insurance Company decided to guarantee Trump’s bond and who within the company made the decision.

  • @Conyak@lemmy.tfEnglish
    15•4 months ago

    Isn’t that what a bond is? They fronted the money with the assumption that he will pay it back if his appeals fail. Maybe I’m missing something but this headline seems obvious.

    • @nova_ad_vitum@lemmy.ca
      35•4 months ago

      They don’t expect him to pay it back. No reasonable person would expect that. They expect him to do something for them in return should he win the presidency again, for which they will forgive the debt.

    • TJA!
      14•4 months ago

      Yes, but why would an insurance company think they would get money back from Donald Trump?

    • @UnderpantsWeevil@lemmy.world
      -14•4 months ago

      “Haha, the courts are going to make Trump come up with a bunch of money he doesn’t have. How is he going to get out of this one?!”

      Trump trades on favors and promises to raise enormous amounts of cash practically overnight

      “Oh no! The ability to rapidly raise money from cronies means he’s more dangerous than ever before!!!”

      Its just so fucking exhausting watch liberals chase their own tails on this shit. What did anyone expect was going to happen? The Trumps are nothing if not prodigious fundraisers. That’s the whole reason the GOP is so glued to them.