ST Alpha - "Huh. Chubb (NOT CHUBBINS!) must have gotten some serious blow-back over that bond for the Carroll case. The CEO wrote a letter to it's customers justifying the bond -- (link*)" (Reading a Post)

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Huh. Chubb (NOT CHUBBINS!) must have gotten some serious blow-back over that bond for the Carroll case. The CEO wrote a letter to it's customers justifying the bond -- (link*)

Posted by decline (aka Decline) Mar 13 '24, 12:24

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https://s3.documentcloud.org/documents/24479707/trump-bond-3132024.pdf (s3.documentcloud.org)

Responses:

what was the security interest they retained? -- nm - hollywood big shot Mar 13, 12:38 1
- Mar-a-Lago. It's worth like a billion dollars. -- nm - Chubb Mar 13, 12:42
I'll translate: profits over ethics -- nm - Pippy: Court of Fog and War Mar 13, 12:37
Sure you collect collateral on default... unless he gets elected and decides he doesn't have to pay? - Max Mar 13, 12:33 3
- But see, it was the "right" thing to do. - Spawn Mar 13, 12:37 2
  - He will sue Chubb into oblivion before he pays them a dime on any collateral he promised. They made a chunk of change on the bond fee. up to 15% -- nm* - Pippy: Court of Fog and War Mar 13, 12:39 1
    - Chubb is a Russian company. I'm surprised that it was allowed since there is an imbargo -- nm - zeitgeist Mar 13, 13:48

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