Trump Bond's Cayman Connection 'Stinks to High Heaven'

Contributing sentiments towards policy:

49% : The Cayman Islands also have their own courts, which is where the New York AG might have to go to get the $175 million she was promised if KSIC doesn't honor the bond it completed for Trump.
41% : Companies in the Caymans aren't required to submit sworn financial statements to 50 state regulators every year, nor are they forced to open their books to state regulators.
37% : New York AG Questions if $175 Million Bond Insurer Can Save TrumpThat surplus isn't just breathing room allowing CEOs to sleep at night.
32% : It's been little over a week since Trump -- after struggling to find a surety firm willing to take on a half-billion-dollar risk -- managed to score a deal with an insurance company run by a billionaire MAGA supporter with a sordid reputation for predatory car loans.
30% : One insurance regulator, who spoke to The Daily Beast on condition of anonymity, questioned whether the company that rescued Trump is playing a shell game with its parent company -- knowing full well that no New York or Delaware insurance regulator would be any the wiser.
26% : "The deal that spared Trump the embarrassment of having the New York AG start snatching the real estate tycoon's properties bears all the hallmarks of today's complicated nexus of finance and law -- a puzzling maze that's designed to slow down the wheels of justice and frustrate lawyers.
25% : Former regulators described a potential worst-case scenario: Trump loses his bank fraud case on appeal and refuses to pay, the insurance company can't actually come up with the money, and the New York Attorney General runs into problems chasing after a second company that never explicitly promised to pay this particular court judgment -- and is based in a little-regulated foreign jurisdiction in the Caribbean Sea.
14% : Trump's $175 Million Bond Is Even Shadier Than It LooksAll of those concerns could come into play if the New York Attorney General has to chase the company down for the money Trump currently owes for committing bank fraud.

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