Trump team says it can't post bond in civil fraud case - WND - by Around the Web

Mar 18, 2024 View Original Article
  • Bias Rating

    -2% Center

  • Reliability

    80% ReliableGood

  • Policy Leaning

    16% Somewhat Conservative

  • Politician Portrayal

    52% Negative

Bias Score Analysis

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

Overall Sentiment

19% Positive

  •   Liberal
  •   Conservative
SentenceSentimentBias
"The filing indicated that, were Trump able to obtain a supersedeas bond, it would require collateral of 120"
Positive
12% Conservative
"Only a handful of sureties are approved by the U.S. Department of Treasury to underwrite bonds for a sum as high as the Judgment Amount...Of those sureties, many have internal policies [that] significantly limit the amount of a bond they will write for a single obligation; indeed, it is my understanding that they will generally only issue a single bond up to $100 million, Giuletti noted."
Positive
2% Conservative
"Based upon my more than 50 years in the insurance industry as well as my actual experience over the past several weeks during which I have been in contact with some of the largest insurance carriers in the world in an effort to try and obtain a bond for Defendants, it is my opinion that obtaining an appeal bond for $464 million (the Judgment Amount) is not possible under the circumstances presented, wrote Gary Giuletti, an executive with Lockton Companies, the largest private insurance brokerage firm in the world, in a sworn affirmation submitted with the filing."
Negative
-2% Liberal
"Trump, the presumptive Republican presidential nominee in the 2024 general election, was sued by Democratic Attorney General Letitia James of New York for allegedly falsifying his company's assets in order to obtain loans for business ventures, with the New York Supreme Court's Trial Division issuing a ruling on Feb. 23 that ordered him to pay the State of New York $454 million."
Negative
-22% Liberal
"Trump, who has appealed the decision, moved the court's Appellate Division on Monday to stay the execution of the judgment and indicated that he is unable to obtain a supersedeas bond that would guarantee the final amount pending the outcome of the appeal.TRENDING:"
Negative
-22% Liberal
"The filing indicated that, were Trump able to obtain a supersedeas bond, it would require collateral of 120"
Positive
6% Conservative
"Take just 30 seconds and sign up for WND's Email News Alerts!Trump's net worth is estimated to be $2.6 billion by Forbes and is comprised mostly of hard assets, the most significant among them being commercial property."
Positive
4% Conservative
"In short, a bond of this size is rarely, if ever, seen, Trump's attorneys wrote in their 4,919-page filing."
Negative
-4% Liberal
"The filing included affidavits from insurance professionals and attorneys in support of Trump's claim that posting such a bond was impossible."
Negative
-18% Liberal
"Former President Donald Trump is unable to post a bond in his appeal of a New York civil fraud judgment against him, according to a court filing by his attorneys on Monday."
Negative
-22% Liberal
"Trump, the presumptive Republican presidential nominee in the 2024 general election, was sued by Democratic Attorney General Letitia James of New York for allegedly falsifying his company's assets in order to obtain loans for business ventures, with the New York Supreme Court's Trial Division issuing a ruling on Feb. 23 that ordered him to pay the State of New York $454 million."
Negative
-12% Liberal
"Trump, who has appealed the decision, moved the court's Appellate Division on Monday to stay the execution of the judgment and indicated that he is unable to obtain a supersedeas bond that would guarantee the final amount pending the outcome of the appeal.TRENDING:"
Negative
-12% Liberal

Bias Meter

Extremely
Liberal

Very
Liberal

Moderately
Liberal

Somewhat Liberal

Center

Somewhat Conservative

Moderately
Conservative

Very
Conservative

Extremely
Conservative

-100%
Liberal

100%
Conservative

Bias Meter

Contributing sentiments towards policy:

56% : "The filing indicated that, were Trump able to obtain a supersedeas bond, it would require collateral of 120% of the judgment amount and charge a premium of 2%, amounting to $18 million.
51% : "Only a handful of sureties are approved by the U.S. Department of Treasury to underwrite bonds for a sum as high as the Judgment Amount...Of those sureties, many have internal policies [that] significantly limit the amount of a bond they will write for a single obligation; indeed, it is my understanding that they will generally only issue a single bond up to $100 million," Giuletti noted.
49% : "Based upon my more than 50 years in the insurance industry as well as my actual experience over the past several weeks during which I have been in contact with some of the largest insurance carriers in the world in an effort to try and obtain a bond for Defendants, it is my opinion that obtaining an appeal bond for $464 million (the "Judgment Amount") is not possible under the circumstances presented," wrote Gary Giuletti, an executive with Lockton Companies, the largest private insurance brokerage firm in the world, in a sworn affirmation submitted with the filing.
39% : Trump, the presumptive Republican presidential nominee in the 2024 general election, was sued by Democratic Attorney General Letitia James of New York for allegedly falsifying his company's assets in order to obtain loans for business ventures, with the New York Supreme Court's Trial Division issuing a ruling on Feb. 23 that ordered him to pay the State of New York $454 million.
39% : Trump, who has appealed the decision, moved the court's Appellate Division on Monday to stay the execution of the judgment and indicated that he is unable to obtain a "supersedeas" bond that would guarantee the final amount pending the outcome of the appeal.TRENDING:

*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.

Copy link