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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Seems like the circus aspects of this case could have been avoided if a reasonable DA and judge were not trying to make political statements. [/quote]

Or, you know, if it had been someone other than Trump.  But then someone other than Trump would not have committed the massive fraud that he did, so there's that.[/quote]

There was no fraud.    [b]The banks were repaid and testified that they would do business again.[/b]  The law used to get Trump is intended to be used against lenders defrauding borrowers.[/quote]

Apparently not if the insurance company is UST certified:

"What insurers are looking for in terms of collateral for a bond are liquid assets, said Julie Alleyne, general counsel for the Surety & Fidelity Association of America, a trade group for the industry.

"They want something that can be easily liquidated where ownership can be transferred and would not require the surety company to go through bankruptcy in order to execute on that asset," Alleyne said in an interview.""

"Gary Giulietti of broker Lockton Inc., who assisted Trump in the search for a bond, said in the affidavit that the limited number of insurers certified by the US Treasury Department to underwrite bonds for the amount of the judgment against Trump do not accept hard assets as collateral."

https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/trump-s-appeal-bond-quest-highlights-surety-market-s-thirst-for-liquidity-80909985

Then why could he not get the original $464m bond in a timely fashion?[/quote]

My understanding is that banks do not provide such bonds; insurance companies do.  And the latter do not take real estate as collateral.[/quote]
Of course they take real estate as collateral, where did you get your understanding. What they do not take is real estate that is mortgages up the wazoo already as collateral.[/quote][/quote]

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