LaxPower Back-Up Stick

cradleandshoot wrote: ↑Tue Apr 23, 2024 7:05 am James has to be praying very hard that trump doesn't win in November. If he does she will spend the next 4 years with a trump DoJ crawling all up and in her backside. She will be the recipient of a vindictive, vicious and relentless prosecution. It won't matter whether or not she broke any laws. A trump DoJ will dig up something.

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 7:16 am

cradleandshoot wrote: ↑Tue Apr 23, 2024 7:05 am James has to be praying very hard that trump doesn't win in November. If he does she will spend the next 4 years with a trump DoJ crawling all up and in her backside. She will be the recipient of a vindictive, vicious and relentless prosecution. It won't matter whether or not she broke any laws. A trump DoJ will dig up something.

Sounds Presidential!!

OCanada wrote: ↑Tue Apr 23, 2024 1:10 pm I find myself wondering how many of the members realize who much he has deteriorated and what the prognosis is. Did they jump on Biden for being old etc in order to neutralize the issue of Trump’s slide

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

PizzaSnake wrote: ↑Tue Apr 23, 2024 8:57 pm

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

Sure it was. And you practiced law, specifically ad a litigator, where? Tell me about your familiarity with bind surety analysis, please.

PizzaSnake wrote: ↑Tue Apr 23, 2024 8:57 pm

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

Sure it was. And you practiced law, specifically ad a litigator, where? Tell me about your familiarity with bind surety analysis, please.

old salt wrote: ↑Tue Apr 23, 2024 9:07 pm

PizzaSnake wrote: ↑Tue Apr 23, 2024 8:57 pm

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

Sure it was. And you practiced law, specifically ad a litigator, where? Tell me about your familiarity with bind surety analysis, please.

I know that a Money Market account is a cash account. I have two of them. It was not a brokerage account. Apparently James & the Judge did not recognize the difference.

OCanada wrote: ↑Tue Apr 23, 2024 10:01 pm

old salt wrote: ↑Tue Apr 23, 2024 9:07 pm

PizzaSnake wrote: ↑Tue Apr 23, 2024 8:57 pm

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

Sure it was. And you practiced law, specifically ad a litigator, where? Tell me about your familiarity with bind surety analysis, please.

I know that a Money Market account is a cash account. I have two of them. It was not a brokerage account. Apparently James & the Judge did not recognize the difference.

Pure BS. There are still a couple of questions. The proposed bond is not cash or a cash equivalent. Nor is it stock.

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

Seacoaster(1) wrote: ↑Wed Apr 24, 2024 6:43 am

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

No, you're just wrong and you're listening to Alina's rant -- which says plenty about you. The hearing was "hyped" because the subject matter is your Orange Leader. Otherwise, it was routine effort to ensure that the bond was sound and had the necessary bona fides to maintain and, if necessary, deliver the reduced amount. Because it is Trump, that is the source of the hype you see. You really are an old, used up gaslighter.

old salt wrote: ↑Wed Apr 24, 2024 5:45 pm

Seacoaster(1) wrote: ↑Wed Apr 24, 2024 6:43 am

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

No, you're just wrong and you're listening to Alina's rant -- which says plenty about you. The hearing was "hyped" because the subject matter is your Orange Leader. Otherwise, it was routine effort to ensure that the bond was sound and had the necessary bona fides to maintain and, if necessary, deliver the reduced amount. Because it is Trump, that is the source of the hype you see. You really are an old, used up gaslighter.

It was hyped because of James & her daily posts about the accruing interest on Trump's absurd fine.
There did not need to be a separate court hearing for this. It could have been easily resolved between the Bond insuring company & the AG's office.
James wanted another headline. You really are a vindictive humorless partisan who feels the need to personally attack anyone who has the temerity to disagree with your opinions.

old salt wrote: ↑Tue Apr 23, 2024 10:46 pm

OCanada wrote: ↑Tue Apr 23, 2024 10:01 pm

old salt wrote: ↑Tue Apr 23, 2024 9:07 pm

PizzaSnake wrote: ↑Tue Apr 23, 2024 8:57 pm

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

Sure it was. And you practiced law, specifically ad a litigator, where? Tell me about your familiarity with bind surety analysis, please.

I know that a Money Market account is a cash account. I have two of them. It was not a brokerage account. Apparently James & the Judge did not recognize the difference.

Pure BS. There are still a couple of questions. The proposed bond is not cash or a cash equivalent. Nor is it stock.

...Trump's cash will continue to earn interest until the absurd judgement against him is reduced or overturned on appeal.

https://news.yahoo.com/trump-cedes-cont ... MBy1J3JvRB

The agreement reached in civil court in Manhattan essentially moves the all-cash collateral to a Trump-proof lockbox. Only the bond underwriter, Knight Specialty Insurance Company, has the key.

Previously, Trump and Knight shared control of the cash, a sticking point for the AG's office.

Monday's agreement was reached during a 20-minute huddle among the lawyers, Law360 reported.

The hearing revealed that the cash, held in a Charles Schwab account pledged to KSIC, has already earned Trump $700,000 in interest, the outlet reported.

The bond keeps AG Letitia James from potentially seizing Trump's assets to satisfy the more than $454 million he owes the state after losing last year's civil fraud trial.

PizzaSnake wrote: ↑Wed Apr 24, 2024 9:29 pm

old salt wrote: ↑Tue Apr 23, 2024 10:46 pm

OCanada wrote: ↑Tue Apr 23, 2024 10:01 pm

old salt wrote: ↑Tue Apr 23, 2024 9:07 pm

PizzaSnake wrote: ↑Tue Apr 23, 2024 8:57 pm

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

Sure it was. And you practiced law, specifically ad a litigator, where? Tell me about your familiarity with bind surety analysis, please.

I know that a Money Market account is a cash account. I have two of them. It was not a brokerage account. Apparently James & the Judge did not recognize the difference.

Pure BS. There are still a couple of questions. The proposed bond is not cash or a cash equivalent. Nor is it stock.

...Trump's cash will continue to earn interest until the absurd judgement against him is reduced or overturned on appeal.

https://news.yahoo.com/trump-cedes-cont ... MBy1J3JvRB

The agreement reached in civil court in Manhattan essentially moves the all-cash collateral to a Trump-proof lockbox. Only the bond underwriter, Knight Specialty Insurance Company, has the key.

Previously, Trump and Knight shared control of the cash, a sticking point for the AG's office.

Monday's agreement was reached during a 20-minute huddle among the lawyers, Law360 reported.

The hearing revealed that the cash, held in a Charles Schwab account pledged to KSIC, has already earned Trump $700,000 in interest, the outlet reported.

The bond keeps AG Letitia James from potentially seizing Trump's assets to satisfy the more than $454 million he owes the state after losing last year's civil fraud trial.

The “key” issue here is that the account could NOT be under the convicted fraudster’s control.

You do understand Trump has been convicted of fraud, correct?

Why would the plaintiff, the State of NY, represented by the NY AG, not move to have the bond that stays collection of the judgement, out of Trump’s control and access? Do you suppose you would, post conviction fir fraud, be allowed control over a cash surety bond?

Now, do you understand why the AG regarded this bond as inadequate and why it needed to be corrected or ruled invalid?

Please tell me you understand this.

old salt wrote: ↑Wed Apr 24, 2024 9:37 pm

PizzaSnake wrote: ↑Wed Apr 24, 2024 9:29 pm

old salt wrote: ↑Tue Apr 23, 2024 10:46 pm

OCanada wrote: ↑Tue Apr 23, 2024 10:01 pm

old salt wrote: ↑Tue Apr 23, 2024 9:07 pm

PizzaSnake wrote: ↑Tue Apr 23, 2024 8:57 pm

old salt wrote: ↑Tue Apr 23, 2024 8:46 pm

Seacoaster(1) wrote: ↑Tue Apr 23, 2024 6:33 am

old salt wrote: ↑Tue Apr 23, 2024 3:05 am

dislaxxic wrote: ↑Fri Apr 19, 2024 8:11 pm New York AG Asks Judge to Reject Trump’s [Civil Fraud] $175 Million Bond

If he DOES...THEN what?

...what a colossal waste of time ! "Justice" in NY is a joke.

https://nypost.com/2024/04/22/us-news/t ... t-finance/

Speaking outside the courtroom Monday, Trump attorney Alina Habba blasted James for questioning the legitimacy of the bond and quipped to reporters that the money “isn’t green enough” for the attorney general.

“We wasted time,” Habba said. “The judge said he thought money market accounts go down under the amount — he doesn’t understand basic principles of finance.

“The attorney general and that judge realized quickly that they had no idea what they were talking about,” she said. “We came to an agreement that everything would be the same, we would modify terms, and that was it. This is where your taxpayer dollars are going, America. Right here: witch hunt after witch hunt.”

Trump lawyer Christopher Kise later piled on in a pointed media statement.

“Despite another flawed and desperate protest by the Attorney General, President Trump is pleased the Court determined the $175 miilion he posted in cash is worth $175 million, and the bond form in use in the New York court system for a century is in fact acceptable,” he said.

Thanks for providing Alina Habba's view of the case. Pretty rich coming from you.

The hearing was to evaluate the bond and void it if Trump and the surety didn't agree to new conditions, which they did. Knight Specialty Insurance Company will retain "exclusive control" of the $175 million account, and the company and Trump will provide a monthly account statement certifying that there are sufficient cash funds for the bond. The Company has agreed to designate an agent for service of process in New York in the event NY has to sue on the bond. And Trumo and the Company agreed that the terms of the bond cannot be amended without notice to the AG and approval of the court. Basic effort to tighten up the terms of the surety in the event NY has to execute its judgment.

All pretty routine fine tuning of an agreement while appeal is pending. But you take Habba's word for it that it was a "waste of taxpayer's money." Sure. Is there anything you aren't in the bag for here?

It wasn't hyped as just "fine tuning" an agreement. It was a request by James to disallow the bond. It should not have required a court hearing & all the hype. It was a media stunt that backfired on James.

Sure it was. And you practiced law, specifically ad a litigator, where? Tell me about your familiarity with bind surety analysis, please.

I know that a Money Market account is a cash account. I have two of them. It was not a brokerage account. Apparently James & the Judge did not recognize the difference.

Pure BS. There are still a couple of questions. The proposed bond is not cash or a cash equivalent. Nor is it stock.

...Trump's cash will continue to earn interest until the absurd judgement against him is reduced or overturned on appeal.

https://news.yahoo.com/trump-cedes-cont ... MBy1J3JvRB

The agreement reached in civil court in Manhattan essentially moves the all-cash collateral to a Trump-proof lockbox. Only the bond underwriter, Knight Specialty Insurance Company, has the key.

Previously, Trump and Knight shared control of the cash, a sticking point for the AG's office.

Monday's agreement was reached during a 20-minute huddle among the lawyers, Law360 reported.

The hearing revealed that the cash, held in a Charles Schwab account pledged to KSIC, has already earned Trump $700,000 in interest, the outlet reported.

The bond keeps AG Letitia James from potentially seizing Trump's assets to satisfy the more than $454 million he owes the state after losing last year's civil fraud trial.

The “key” issue here is that the account could NOT be under the convicted fraudster’s control.

You do understand Trump has been convicted of fraud, correct?

Why would the plaintiff, the State of NY, represented by the NY AG, not move to have the bond that stays collection of the judgement, out of Trump’s control and access? Do you suppose you would, post conviction fir fraud, be allowed control over a cash surety bond?

Now, do you understand why the AG regarded this bond as inadequate and why it needed to be corrected or ruled invalid?

Please tell me you understand this.

As I said. It did not require another Court hearing with all the attendant hype that Trump's bond was being invalidated.
It could have been quietly resolved between the Bond insurer & the AG's office, without all the damp seat cushions at CNN & MSNBC.
James wanted another headline & ended up looking stupid.