Letitia James disses Trump's claim he can't cover $454M fraud bond
- Bias Rating
80% Very Conservative
- Reliability
20% ReliablePoor
- Policy Leaning
100% Very Conservative
- Politician Portrayal
-35% Negative
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The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
12% Positive
- Liberal
- Conservative
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-100%
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100%
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Contributing sentiments towards policy:
67% : With interest, Trump owes $456.8 million.62% : The development comes days after Trump was able to post a $91.6 million bond in the E. Jean Carroll defamation following a jury award he is also appealing.
59% : Trump's lawyers' statement about 'crippling' fees came in the context of up front premiums totaling $19 million that could be due again in two years under a long appeal for Trump, whose net worth Forbes estimated at $2.6 billion.
56% : That came before Trump furnished a letter from him signed days ago attesting to his efforts to get any of 30 companies to underwrite Trump.
55% : Judge Engoron ruled in February that Trump, his company and top executives, including his sons Eric and Donald Trump Jr ., schemed for years to deceive banks and insurers by inflating his wealth on financial statements used to secure loans and make deals.
52% : A state appeals court judge ruled last month that Trump must post a bond covering the full amount to pause enforcement of the judgment, which is to begin on March 25.
47% : Trump vented he would have to liquidate parts of his prized real estate empire at 'fire sale prizes' in order to raise the money, which his lawyers say approaches half a billion dollars once financing and fees are taken into account.
44% : Trump vented in just one of his Truth Social posts.
44% : Trump's latest filing sets up another high-pressure face-off with New York AG Letitia James, after his lawyers said insurance firms weren't willing to take chunks of his real estate empire as collateral, and that the fees of obtaining a bond even if he could obtain one would be 'crippling and punitive.'That left Trump in the position of urging an appeals court to impose a stay while he appeals the case.
44% : After approaching 30 underwriters, Trump couldn't find a single firm willing to post bond, according to an attestation filed with the court by longtime Trump Organization counsel Alan Garten.
42% : Trump is asking a full panel of the state's intermediate appellate court to stay the judgment while he appeals.
39% : Trump wrote, as post after post piled up. '
38% : Trump wrote, after his lawyers put such a request in writing after providing affidavits from Trump associates who said efforts to get top firms to underwrite Trump had fallen short. '
35% : A March 25 deadline for Trump to pay a staggering $454 million judgement against him is putting some of his prized real estate assets in jeopardy after his lawyers said he is unable to secure a bond.
34% : The legal filing comes a day after Trump unloaded on Engoron as he seethed about his order to pay a $454 million judgement.
33% : Fan also pushed back on the claim by Trump lawyers that firms wouldn't accept real estate holdings as collateral.
33% : It all comes as James could begin seizing Trump's assets as soon as Monday according to her prior threats in the event Trump did not pay the fine the judge imposed after his New York fraud trial.
31% : Firms he said turned down the deal included insurers giants Allianz, Berkshire Hathaway, CAP Speciality, and Chubb - which underwrote Trump for the $91 bond for the $83 million judgment against him in the E. Jean Carroll defamation case.
30% : Trump testified during the fraud case that he had $400 million in cash.
26% : He said Judge Arther Engoron found Giulietti lacked credibility as a witness due to his 'ongoing personal and professional relationship with Donald Trump,' although Engoron did allow him to testify as an expert witness after legal sparring over the issue.
25% : Trump also inveighed against the judge and the case in a statement from his presidential campaign, which has relied on a series of criminal and civil prosecutions to goose his poll numbers.
25% : That suggests a liquidity problem for Trump, who testified in the New York fraud case that he had $400 million in cash.
25% : Last week, James' office wrote in a filing that Trump tried to move the addresses of multiple assets from Trump Tower to Florida.
17% : Trump said any business thinking about moving into the state is 'CRAZY!'
15% : Judge Engoron actually wants me to put up Hundreds of Millions of Dollars for the Right to Appeal his ridiculous decision,' Trump wrote.
10% : It is intentionally to interfere in the election, to hurt President Trump, to try to ruin his company and ruin a person and a family whose private company - not public company - has made the skyline of New York changed forever,' she said.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.