4.8 • 2.6K Ratings
🗓️ 9 April 2024
⏱️ 12 minutes
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So it looks like the person that put up the $175 million bond to stop New York Attorney General Leticia James from seizing Trump's properties - a guy named Don Hankey - is not actually credentialed to do business in New York. Accordingly, Attorney General James filed a "notice of exception" to the bond, and Judge Arthur Engoron has now set a hearing for April 22nd. Glenn wonders if seizing Trump's properties might once again be back in play?
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0:00.0 | It's time for Justice Matters with former federal prosecutor and MS NBC analyst Glenn Kirchner. After weeks of searching, Donald Trump finally found a company called Knight Specialty Insurance |
0:21.7 | to guarantee his New York Civil Fraud Bond of $175 million. |
0:27.2 | But is that bond valid? |
0:29.1 | Here's Glenn to explain. |
0:31.7 | So friends, earlier this week, did you see how Donald Trump was congratulating himself |
0:38.0 | boasting and crowing about how he'd been able to come up with a bond for $175 million to stop New York Attorney General |
0:48.3 | Letitia James from seizing his properties. |
0:51.2 | Well, based on some new developments surrounding that bond, might |
0:57.5 | Donald have to eat a little bit of that crow. |
1:05.0 | Let's start with the new reporting. This from CNN. |
1:07.0 | Headline, New York Attorney General questions out of |
1:11.0 | of state underwriter of $175 million Trump Bond. |
1:17.0 | And that article begins, |
1:19.0 | The New York Attorney General's Office is raising questions about the $175 million bond Donald |
1:26.4 | Trump posted in the civil fraud case and has asked for more information to prove its financially sound. |
1:35.0 | Trump filed the bond Monday night after gaining a reprieve |
1:39.2 | from a New York appeals court that lowered the amount |
1:42.4 | Trump needed to post from |
1:44.3 | four hundred and sixty four million dollars to one hundred and seventy five million |
1:49.2 | dollars. The lifeline gave Trump more time to obtain a bond after telling the court that 30 underwriters refused to back a bond for nearly half a billion dollars. |
2:02.0 | And friends, can I pause there for just a second because what the appeals court in |
2:06.4 | New York did was deliver a gut punch to the notion of the equal application of |
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