Donald Trump’s bond posting is falling apart at the seams
Even after Donald Trump’s bond was reduced by more than half in his New York civil fraud verdict, there were still questions about how he would be able to obtain such a bond. Who would be willing to float the ever-unreliable Trump the money, and under what circumstances?
Sure enough, when Trump did post the bond earlier this week, the courts initially rejected it because the bond company had failed to include key financial disclosures. Something seemed off. Now the bond company has belatedly provided that information. But this has prompted New York Attorney General Letitia James to question the bond company’s qualifications in a new court filing. James is also asking whether this bond company is even capable of coming up with $175 million if Trump loses his appeal.
We’ll see where this goes. All along we’ve said that while it was possible Trump would find a way to post bond, it was also possible that the bond would be so compromised that the courts would end up rejecting it. And now that might indeed end up happening. After all, Letitia James is no rube. If this bond isn’t the real deal, she’ll get it thrown out.
