It turns out that Trump may have called in a major favor: Court records filed Friday show that the bond was guaranteed by the Chubb Corporation, an insurance group. In 2018, Trump appointed Chubb’s CEO Evan Greenberg to a White House advisory committee for trade policy and negotiations.

  • @cogman
    link
    137 months ago

    People would be shocked at how often insurance agencies are the backers/owners of personal loans. It’s a bread and butter investment for them.

    • Optional
      link
      27 months ago

      This is a loan in name only