Trump says he can't get a bond to cover his $454 million fraud judgment

Contributing sentiments towards policy:

58% : But Trump's team on Monday claimed that getting a bond of that size is "impossible.""A bond requirement of this enormous magnitude -- effectively requiring cash reserves approaching $1 billion -- is unprecedented for a private company," Trump claimed, adding that he's spent "countless hours negotiating with one of the largest insurance companies in the world," to no avail.
44% : In order to stay the enforcement of the judgment pending appeal, Trump needs to post a bond of close to half a billion dollars to sit in escrow as the appellate process plays out.
39% : Trump had previously offered to post a $100 million bond for an interim stay.
37% : As it stands, Trump needs to post the full bond to keep state officials from seizing his assets.
36% : "These diligent efforts have included approaching about 30 surety companies through 4 separate brokers," Trump claimed in a Monday court filing.
32% : Trump asked for oral arguments to be scheduled on the matter if the appellate court is considering denying him a stay of the judgment's enforcement.
31% : Trump claimed in court filings on Monday that, despite approaching "about 30 surety companies," he can't find anyone to put up that much cash.
30% : James brought the case against Trump in 2022, claiming that the former president inflated his net worth on yearly financial statements, which he sent to banks and insurers during various business transactions.
29% : Earlier this month, Trump posted a $91.6 million bond to secure an $83.3 million defamation verdict for writer E. Jean Carroll.
28% : Donald Trump has so far been unsuccessful in getting a bond to secure the $454 million civil fraud judgment against him, despite "diligent efforts" to do so, according to court records.
26% : Trump is appealing the judgment from New York Supreme Court Justice Arthur Engoron, who last month ordered the former president to pay the exorbitant disgorgement penalty after ruling that he lied about his net worth to swindle banks issuing loans to the Trump Organization.
24% : Trump continues to deny wrongdoing, repeatedly claiming that both the judge and James are engaging in election interference in a conspiratorial effort to keep him out of the White House come November.
23% : Trump is also expected to stand a criminal trial in Manhattan next month on charges that he falsified business records to cover up hush money payments to adult film star Stormy Daniels.
22% : Last week, New York Attorney General Letitia James asked the court to require Trump to pay the whole amount, claiming that there are "substantial risks" that could leave the state with "a largely unsecured judgment pending appeal.
16% : Following a ten-week trial that wrapped up in late 2023, Engoron issued his scathing order against Trump, finding that he conned lenders out of millions with his financial misstatements.
13% : He denied Trump's $100 million bond offer, but temporarily lifted some of the other punishments in Engoron's order that precluded Trump from taking out loans from New York banks.

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