After Donald Trump posted a bond of nearly $92 million on Friday as he appealed the jury’s verdict in E. Jean Carroll’s civil defamation case, legal analyst Andrew Weissmann warned on Sunday that the former president may be “beholden” to people behind the bond.

Trump, the likely GOP nominee in the 2024 presidential race, was ordered in January to pay $83.3 million to Carroll, a former Elle columnist, for damaging her reputation after she accused him of sexually assaulting her in a department store dressing room in the mid-1990s. A separate jury last year awarded Carroll $5 million from Trump for sexual abuse and defamation. Trump has denied any wrongdoing in those cases and said they were politically motivated.

The $91.6 million bond, which Trump posted on Friday, consisted of the $83.3 million judgment, along with statutory interest added by the State of New York. The bond was secured by the Federal Insurance Company, a part of insurance company Chubb Corporation. The bond has since sparked speculation over why the Federal Insurance Company decided to guarantee Trump’s bond and who within the company made the decision.

  • DogPeePoo
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    3 months ago

    Worst “businessman” of all time.

    Everybody is leveraged over this pos.

    He’s a real life “Wimpy” who owes everyone and has nothing.

      • Carlo@lemmy.ca
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        3 months ago

        What I’d like to know is if any episode of Popeye took place on a Tuesday. Was Wimpy ever paying up for all those burgers? It may be an apt comparison despite their contrasting levels of spelling ability. Then again, Bluto seems like the more obvious Trump analog.