This is what Trump's lawyers had to say about the larger bond
In addition, sureties would likely charge bond premiums of approximately 2 percent per year with two years in advance—an upfront cost over $18 million," the filing said. That $18 million would not be recoverable even if Trump wins his appeal.
This is apples to oranges.
Therefor his cost $17.5 million if he wins appeals...quite possible.
Instead of coming up with $480 million @ 9%?
As you're comparing cost of a bond vs the cost of the judgement.
He would still have to pay the full judgment if he lost. That hasn't been reduced.
YET
I read somewhere that the appeals panel reducing the bond by 60% might indicate the appeals court might be thinking about cutting the judgement.
The cheapest way is still if you have the cash, put up the undertaking yourself.
The DJT cash is certainly good timing.
The appeals court mentioned September as their timing.
DJT is betting that NON-Soros appeals courts will at least reduce fines substantially.
MORE important, dragging his feet on funding, plus using bonds allows him to bridge the short-term cash crunch the Globohomos were attempting to complicate his campaign.
W/ the big media merger, he only has to make it to September to be able to pay ALL awards plus fund his own campaign.
In reality, he will do much much better than that. He'll reverse some decisions and get a Soros judge/prosecutor or two's head on a pike.
I think 20% is way too high.
This is what Trump's lawyers had to say about the larger bond
This is apples to oranges.
As you're comparing cost of a bond vs the cost of the judgement.
He would still have to pay the full judgment if he lost. That hasn't been reduced.
YET
I read somewhere that the appeals panel reducing the bond by 60% might indicate the appeals court might be thinking about cutting the judgement.
The cheapest way is still if you have the cash, put up the undertaking yourself.
The DJT cash is certainly good timing.
The appeals court mentioned September as their timing.
September is when DJT can cash in stock.
DJT is betting that NON-Soros appeals courts will at least reduce fines substantially.
MORE important, dragging his feet on funding, plus using bonds allows him to bridge the short-term cash crunch the Globohomos were attempting to complicate his campaign.
W/ the big media merger, he only has to make it to September to be able to pay ALL awards plus fund his own campaign.
In reality, he will do much much better than that. He'll reverse some decisions and get a Soros judge/prosecutor or two's head on a pike.