Gwen Snyder is uncivilIt's great to know that if you don't have bond money you can just request a different, smaller amount and pay that instead, I'm sure that is what happens for normal people all the time
DocHolliday@gwensnyder absolutely. You or I probably would have been GIVEN $354 million just for the trouble, I’m sure.
Raven Onthill@gwensnyder this particular case, I gather that the hope is the Court gets *something*, rather than a whole lot of properties that are already encumbered in debt.
It's not clear to me that Trump is even solvent. OPM (Other People's Money.)
Added Josh Marshall comments that it's not clear Trump can come up w even the reduced bond. I suspect he's already got funding lined up but, well, we'll see.
ArtemesiaHe had enough in stocks and other relatively liquid financial instruments to secure a $92 million bond from chubb.
Virginia Holloway@VirginiaHolloway @ravenonthill @gwensnyder
He still has it, but cannot use it as collateral for any further sucersedeas bonds (or any other kind of collateral if chubb did their job right, and they've been in that biz for a long time). The issue being discussed is whether or not mangolini is solvent, and having liquid assets sufficient to secure a $92 mil bond is some kind of solvent. Though it would not surprise me if all his assets were to be liquidated simultaneously and he were denied continued access to credit and the float, that he would be underwater.
@artemesia @VirginiaHolloway @gwensnyder having thought this over and read the legal experts I have two conclusions: 1) this isn't unheard of and 2) I wish the court had taken Trump's character and conduct into account and refused to cut him any slack.
I also think that whoever puts up the bond is likely to end up losing it. It's kind of amazing to see all these very wealthy people turn into chumps.
RealGene ☣️@ravenonthill @artemesia @VirginiaHolloway @gwensnyder
They're betting on him getting elected, pardoning himself, purging the SDNY, and vacating all the judgements.
They're betting on him getting elected, pardoning himself, purging the SDNY, and vacating all the judgements.
@RealGene @artemesia @VirginiaHolloway @gwensnyder bet Trump would still find a way to stiff them. He loves doing that.
@RealGene @artemesia @VirginiaHolloway @gwensnyder and indeed, Trump has posted the bond.
https://uk.news.yahoo.com/donald-trump-posts-175-million-002220109.html
https://uk.news.yahoo.com/donald-trump-posts-175-million-002220109.html
@ravenonthill @RealGene @VirginiaHolloway @gwensnyder
Thanks for following up on this. Per the NYT, it was posted by Knight Specialty Insurance Company. Best gives them an "A-" rating, which they say is "Excellent". I assume as with the Carroll damages bond, the state of NY may object to the guarantor or terms of the bond, though it doesn't seem like them have much groups for that.
Deer Witch@gwensnyder I sent this to a public defender I know, who replied “WELL IT SHOULD.” I feel bad for touching a nerve.
WobblyElmer@gwensnyder
Sheeeeeeeiiiiiiitttttt. Freaking judge told me $75 or 7 days! 🤣
Sheeeeeeeiiiiiiitttttt. Freaking judge told me $75 or 7 days! 🤣
Semi Sentient AI Cooling Water@gwensnyder Use this as precedent & insist on only paying a third of your bills.
Cats Who Draw 
@gwensnyder oh sure you can just give a mud pie instead most of the time
rrb@gwensnyder Particularly for the poor and racial minorities.
PetterOfCats@gwensnyder especially after boasting that you have the money in cash and there’s no need to seize any of the billions of dollars in property…
bjb 
@gwensnyder
And 10 extra days.
And 10 extra days.
fedops 💙💛@gwensnyder too fash to fail.
Chris Fletch@gwensnyder @MikeImBack Going to try this with electric bill
@HailsandAles @gwensnyder @MikeImBack
If asking does not work, try barging your way in and attacking police officers. That also seems to be OK.
Deb4+ aka Deborah DT 🏳️🌈🏳️⚧️Thousands, tens of thousands, maybe millions of poor Americans would be free if they could have this treatment
Peter Butler@gwensnyder Honestly it doesn’t bother me too much
I’m much more interested in the other ruling today — April 15 court date for first criminal trial
https://www.cbsnews.com/news/trump-hush-money-pretrial-hearing-new-york/
That one seems like an open and shut case with an obvious guilty verdict. We’ll see...
Judge sets April 15 trial date in Trump "hush money" case, rejecting request for a delay
The New York judge overseeing the criminal case against former President Donald Trump rejected his bid to delay the trial again.
Nathan A. Stine@peterbutler @gwensnyder it's unclear that the law they're trying him under can be used in this way. My recollection is that they're charging him with a state felony because the underlying crime is a federal felony. This is novel. Otherwise the hush money is only a misdemeanor.
@stinerman @gwensnyder It seems similar to the trial of John Edwards, which hinged on the claim that he was hiding his affair from his wife, not from the voters
Interesting analysis here:
The Campaign Finance Case Against Donald Trump is a Strong One: Just Ask John Edwards' Prosecutors
Top campaign finance law expert, Paul S. Ryan, writes, "The case against Donald Trump is much stronger than was the case against John Edwards. Indeed, the case against Trump would turn the weaknesses in Edwards’ case into strengths."
RodneyPetersonTalentAgency#EricTrump makes a request for a $454 million dollar bond.
#Bail #Bonds people sit at a table laughing together for several minutes.
One of them finally stops laughing long enough to wipe sweat from his brow.
He speaks.
“I’m sorry…(he waits to catch a breath).
“Have you tried asking your real father… (again, pauses, takes breath and blurts out)…Gary Busey?”
Once again, the entire table of #bailbondsmen double over in laughter.
Eric Trump stares ahead, dumbfounded.
A. RiveraThat is called #AndJusticeForSome.
GraceC@gwensnyder So angry about this.
Mark@gwensnyder Well there are some unwritten prerequisites...
Are you rich?
Are you white?
Are you a man?
Are you straight?
If you pass all these checks, congrats! The system is built just for you! Yay!
Sigh. I saw this coming a mile away but still am wildly more disappointed than I should be.
And they will still try to claim it's not privilege.
ErgonWolf@gwensnyder Let's start seeing this cited as stare decisis across the justice system, all the way down to traffic fines.
Kenny Style@gwensnyder @briankrebs AND GET MORE TIME TIME TO DO IT!?! The only words that MAYBE should follow “I can give you less” are “right” and “now.”
matt@gwensnyder I read this actually a good thing. 1: this is just the bond, he will still owe the $454 , 2: the state can collect the $175 without having to find and freeze assets like they would if it were the full $454, and thus possibly not even get the base amount. More here: https://marytrump.substack.com/p/now-judge-shuts-down-donalds-lawyers
Urban Hermit@maphew @gwensnyder let's say those assets are leveraged to the hilt. They don't have the value Donald says because of outstanding debt. Here is what we were hoping for: seized, sold at action, sold for much worse that he said they were worth so Trump is going nuts, the state doesn't care, seizes next property, repeat. Repeat until the judgement is met, or they run out of things that Trump "owns". The outstanding debt will be reflected in the auction price, unless it was personally guaranteed.
@maphew @gwensnyder the end result could have been that Trump was forcibly divested of half or more of his business empire, or goes so nuts that he calls on his supporters for an armed revolt and finally goes to jail.
Instead we have probusiness judges that are like, "no, a rich guy who owns stuff should always have the benefit of the doubt and the option of stiffing all his creditors and going bankrupt". For a small business, maybe. But for this fraudster, rapist, and violence purveyor, NO!
Jonathan HendryIt's a different kind of bond, as it wasn't to spring him from jail until trial, but it's a good and true point anyway.
nex@gwensnyder Nah, you first have to spend many years cultivating a reputation of not actually having as much money as you constantly insist on having. This isn't trivial; you have to put in the hard work of taking expensive things and then not paying for them. It requires a very special kind of genius.