Now the fun really begins trying to get a $450 million bond in the other case.
2 Likes
Yeah Chubb is for high-end homeowners. Theyâre the Cadillac of home insurers.
Chubb was bought by ACE that is run by a son of the guy from AIG.
This is fantastic news. LMFAO they really put a family of grifters in charge of managing the GOPâs funds.
3 Likes
Seems like they found a way:
3 Likes
Yep. The prohibition on spending money on his legal bills didnât pass, so looks like theyâre good to go (not that they wouldnât have done it anyway, but I guess itâs sometimes nice to not have to break a specific rule)
Unfortunately, the RNC reportedly only has 9 million cash on hand, but maybe they can pledge some Senators as collateralâŚ
https://www.washingtonpost.com/elections/2024/03/08/rnc-vote-lara-trump-whatley/
How bad is this for down ballot? On one hand lol trump going to steal every nickle not nailed down, but isnt him being on the ballot going to cause turnout on the gop side anyways?
Yeah but it completes the conversion into the Trump Party. Not that there was much room for sane people before, but they will get less than zero support.
Canât wait for Trump to start getting security briefings again.
âThe intelligence community is likely to adhere to past practices for nominees and has no plan to cancel the briefings if Trump becomes the GOP nominee, two sources with knowledge of the matter said. Scrapping the briefings for Trump could open President Joe Biden up to accusations of politicizing access to intelligence, one of the sources said.â
Well at least intelligence will remain unpoliticized
Itâs normal for the national committee to focus on the Presidential race after a presumptive nominee is select. Other committees cover down ballot.
My understanding is that he will not be given full briefings. Nothing that can be sold or otherwise monetized
So Chubbs pays the court (or Carrol) and then whatâs to stop Trump from turning around and stiffing Chubbs? This is what the man does for a living. 4 decades and counting
Time for a sting operation. Give him something false but juicy and then have him sell it on camera to an undercover operative. Preferably on live TV. I think they have a show already. Itâs called Traitors.
5 Likes
According to the article, the briefings arenât the same as a full Presidential Daily Briefing (little or no access to sources and methods), but it will still include classified information, some of which could be valuable to someone who doesnât know it, or embarrassing if it were made public.
Nothing. Elon or Saudi Arabia or whoever put up the cash collateral loses their money.
Saudi Arabia is currently paying random golfers $100 million. They donât care.
The thing that is supposed to stop him from stiffing the insurance company is that they can collect on whatever collateral he pledged to get the bond. So Chubb is basically betting that the collateral is sufficient and/or that the judgment gets overturned on appeal. I donât know exactly how these deals work, but my guess is that Chubb now has a claim to specific assets and that it is now harder for other creditors to go after those assets or for Trump to sell those assets without the proceeds of the sale going to the insurer.
Chubb is not stupid, far from it. Theyâre not accepting âmy interest in some buildingâ collateral. They are accepting cash collateral. Which was probably posted by Putin/MBS/Elon types.
Plus gl getting campaign funds from the RNC now if you arenât willing to kiss Trumpâs ring.
1 Like
Has anyone told a joke yet about Chubb not getting stiffed?
8 Likes