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...In a statement, Trump claimed “Crooked Joe Biden and his Maniac Persecutors” were trying to take away his “Magnificent Business, which helped rebuild New York City and State”, calling the bond amount “unConstitutional...
...“But the tax incentives are helping companies make the decision to speed up investment and to ensure manufacturing is happening in the United States.”...
...The state of the privately held Trump Organization’s finances is opaque. In a deposition last year, Trump said he had “substantially in excess of $400mn in cash”....
...Trump’s legal team said on Monday that the Trump Organization had approached 30 surety companies — including Allianz, Axa, Berkshire Hathaway, Chubb, Munich Re, Swiss Re and Zurich — via four separate brokers...
...Trump on Friday posted a surety bond to cover a separate $83mn judgment for defaming the writer E Jean Carroll....
...A surety bond serves like a bank letter of credit. It guarantees that a defendant can pay a legal judgment if appeals do not succeed....
...Letitia James’s office suggested that the Los Angeles-based Knight Insurance Group, which had underwritten the bond, might not be authorised to provide a surety in New York state....
...Even if a defendant appeals, which Trump has done, state courts in New York require the posting of cash or a surety bond to avoid having his assets seized....
...country to file a “plan” with New York State to adjust its debt....
...He took out a $91.6mn surety bond to pay defamation damages to his sexual assault victim, E Jean Carroll....
...The lawyers are members of the Delaware state bar association that customarily makes such proposals to update the state’s corporate law....
...“For the American and European supply chains to be built, you need a surety built by the government,” said Matthew Ashley, senior cobalt trader at Traxys, a Luxembourg-based trading house....
...Before New York attorney-general Letitia James more than halved the original bond, Trump’s lawyers said 30 surety companies refused to underwrite such a large amount....
German panthers and Hollywood lions more vivid than photographs populate his pictures, now on show in New York
...But Trump is also the man who, to this day, refuses to apologise for buying a full-page advertisement in The New York Times in 1989, calling for the state to reinstitute the death penalty for the Central...
With his freedom at risk, former US president scowls but sits silently at the start of testimony in his criminal trial
The author on the antiques, architecture and history of his adopted home
...Bright orange poppies, California’s protected state flower, dotted the verges....
...lawyer for the attorney-general’s office, argued that the former president could piece together a series of smaller bonds, or use his real estate portfolio to secure bank credit that could then back a surety...
...We are united in our cause. We are building community. We are eating together. We are keeping each other safe and warm....
...He added: “The United States were informed the last minute but there was no involvement on the part of the United States, it was simply information that was provided....
...Yet RealClearPolitics’ polling average for the state puts Trump 5.7 per cent above the president. And views of the Georgia’s economic progress are as diverse as the state’s economy itself....
...“The whole corner-crossing stuff is so up-in-the-air in the state.” If corner crossing ever made it to the state Supreme Court, one surmised, it would be legalised....
A dispatch from FT Alphaville’s maritime correspondent
...Israel’s allegations prompted 16 donor countries to the UN Relief and Works Agency, including the US and several EU member states, to halt a combined $450mn in funding....
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