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AMA Thursday
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AMA Thursday

Desperate men, desperate measures

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Brian Beutler
Mar 21, 2024
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Who if anyone will bail out Donald Trump before his $464 million bond comes due Monday, and will Democrats or members of the press beat the drums as loud as they need to for transparency: Who owns the man with even odds to become president of the United States?

  • Trump has until Monday to post the bond. He claims he has been unable to secure a bond that large because issuers won’t accept real estate as collateral, and has thus asked an appeals court for a special exemption from the law. The New York Attorney General’s office says this is b.s., New York companies regularly post bonds to stay enforcement of larger penalties, and often do so by securing multiple smaller ones. (As the old saying goes: don’t do the serial financial fraud if you can’t underwrite the surety bond.)

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