79 Comments
founding

https://www.threads.net/@seth.abramson/post/C4WoJzltze1

Seth Abramson worked nonstop over the weekend. All roads lead to Russia. Read about the Greenberg family's extensive Kremlin ties. Maria Butina even shows up in this saga. Abramson has written five or six excellent and painstakingly sourced books related to Trump and Russia. He thinks this bond is of such national security concern that he worked on this all weekend through the nights with almost no sleep. Blinking lights very Red.

Expand full comment

Trump has his money issues as noted well here. Thanks Judd!

Remember: We still don’t know who paid off Kavanaugh’s debts and losses either; then we have Clarence Thomas etc. A lot to learn!

Expand full comment

Trump is a “billionaire” with a GOFUNDME page. Trump is broke. The RNC, PAC’s, and his campaign organization pay his bills. Trump is a national security risk. His supporters don’t get it.

Expand full comment

If she's up to it, I think Ms. Carroll should sue the orange traitor again. It's clear no amount of money will shut him up, so I say, take it all. Every last cent. She intends to use it for the benefit of others, so if she can stand it, I hope she takes him to the cleaners and throws him in a drier. Make his life as miserable as she can until he dies. Just as he does to others.

Expand full comment

I had a dream that djt had been sucked into some other dimension never to be seen or heard from again.

Such a nice dream.

Expand full comment

I am so disheartened it's difficult to write, but have to say Thank You to Mr. Legum for continuing to keep us informed. I just finished reading a small news item that the Pope is encouraging Ukraine to surrender to Russia. Putin is winning; here and in Ukraine because Trump has succeeded in keeping us all distracted from the fact that his winning the election will mean that Putin wins our country as well. Ukraine was fighting the good fight and we all but abandoned them...and we will all pay a hefty price. Losing hope is counter-productive, but news is damning.

Expand full comment

Let's not overcomplicate this. Trump is in hock to the tune of $91M to a foreign owned company. In spite of the fact that the Chubb is based in the UK, an ally (for now), this is a massive national security risk. And given the shady history Trump has with Chubb, the bond should be rejected out of hand. Especially if it gives Chubb 90 days to fuck around with E. Jean's money after Trump loses the appeal and refuses to pay.

Expand full comment

Too many moons to count ago, I started my post college career in the Surety Bonding industry. I moved on after a few years, but the basics are still the same.

Unlike insurance and bank loans, surety assumes zero losses. Any claims are paid with collateral or cash provided by the bonded. Then it is up to the surety to complete the project or make the payment depending on the type of bond.

In reality, the industry will take risks and take less or no collateral depending on the type of client, history with the client and the amount of the bond. Considering Trump's relationship with Chubb's CEO, I'm guessing that the collateral Trump is providing is far less than the value of the bond. As Judd stated, the State doesn't care whether the money comes from Trump or somewhere else as long as the judgements are paid.

Since Chubb is a public company, shareholders might want to know if they are taking one for the team.

Expand full comment

Didn't one of his kids say they get all the money they need from the Russians? Follow this money and I'm sure that's where it will lead you to..

Expand full comment

Thank you so much for this extremely well researched journalism. I had no idea that Chubb was also involved earlier with the Trump Tower appraisal. Unbelievable! If you have insurance through Chubb get rid of it now. Whether it’s via Russian connections or not, what a dirty company

Expand full comment

If 91.1 million dollars can’t get him so show some restraint, what will? Unless, of course, he is not capable of restraint.

More than any gaffes about people or places, this behaviors shows that he is unfit to be president. Whether the underlying cause is a personality flaw, psychological disorder or early(?) dementia, he shouldn’t be president.

Expand full comment
founding

Thank you, Judd, for continuing to examine the most uncomfortable secrets of how the powerful in our country handle their money. Andrew Weissman posed the smoking gun question of "who was the co-signer?" We wondered if Elon Musk was tapped for that favor. Or, was it the usual Russian connection? No wonder Trump is against Ukraine. [Have to go read Elizabth Carlson's link to Seth Abramson's discoveries....]

Expand full comment

File another suit.

Expand full comment

Maurice and his son, Evan Greenberg have direct ties to Russia. “Once mobbed, always mobbed,” an FBI agent once said, and the connections are passed down. We all know how Fred Trump was mobbed; his son took up the mantle very early with Felix Sater.

Chubb Insurance is NOT a reliable, third party.

If this is what passes muster in business today, we are finished.

Expand full comment

Tя☭mp won’t stop until she owns Mar-A-Lago.

Expand full comment