Post by
dart321 on Apr 22, 2024 12:36pm
New Bond Info
a company has to be regyed in NY to do business this bond company wasn't, second an insurance company can only lend out 10% of it's liquid assets, this company had 138 million in liquid assets therefore it could have loaned out onlt 13.8 million under ny law, as has been reported in the media this company has close ties with the cremlin, my guess would be Putin himself. The NY AG is now before the court to void the bond and begin to grab trump properties. This guy is in a massive cash crunch and this will only add to his problems by freezing his cash flow from those assets. I think NY will have a problem because most of trumps assets are mortgaged to the hilt.
Comment by
dart321 on Apr 22, 2024 1:31pm
The NY AG and trump have reached a deal. As long as the full 175 million stays in a account then the bond will be excepted. The question I have is where is the money considering the insuance company had only 138 million in liquidable assets. Did Putin put more money in the pot? We will never know unless the media uncovers something down the road !!!