NewsEnglish • 8 months ago

New York AG questions whether California company can handle Trump's $175M bond

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New York AG questions whether California company can handle Trump's $175M bond

NewsEnglish • 8 months ago

The New York AG is questioning whether the California company that underwrote Donald Trump's $175 million bond is financially qualified to handle a bond of that size.

Letitia James asked the firm to show it’s capable of paying the bond if needed.

New York Attorney General Letitia James questioned Thursday whether the California company that underwrote former President Donald Trump’s $175 million bond in his New York civil fraud case is financially qualified to handle a bond of that size.

In a court filing, James requested that Knight Specialty Insurance Company submit papers demonstrating it is financially capable of paying the bond should Trump lose his appeal in the case.

The California company is not registered with the New York Department of Financial Services.

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4•8 months ago
Conagra Brands for the popcorn, and basically every CPG conglomerate makes acne medicine. Except maybe Nestle lol.
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  3•8 months ago
  Nestle owns like 30 percent of L’Oréal which is a makeup company which I’m certain has acne creams and stuff lul.

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