“But the Trumpian part is that even though, or perhaps because, it may be part of a Trump scam, Knight now too may be on the hook for $175 million as it won’t automatically get out from underneath its own proffered surety.”

Hankey, a billionaire, has already said that his company will be able to post the money for Trump.

He was reacting to a comment on X by lawyer Dave Kingman, who wrote that Knight will not be able to post the $175 million.

“Understand that Knight Specialty has a problem. This bond cannot be approved. Under the CPLR [Civil Practice Laws and Rules] the surety will remain obligated under the bond until a replacement bond is filed. Trump is unlikely to get a replacement bond. Knight Spec will be liable AND Trump won’t have a stay [on enforcement],” he wrote.

  • Hello_there@fedia.io
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    7 months ago

    Wtf is that user submitted fairness meter at the bottom? Since when do we rely on trolls to provide any reliable metrics about quality of writing?

    • PoliticalAgitator@lemmy.world
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      7 months ago

      Since it was deemed profitable to do so. Every vote is an ad impression and trying to manipulate or correct the value just means even more ad impressions.

      • Garbanzo@lemmy.world
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        7 months ago

        Look at the site on mobile with no filters and it’s immediately obvious that they are in the enshitification business, not news.

    • Viking_Hippie@lemmy.world
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      7 months ago

      Not to mention the going along with the “centrist equals fair” bullshit that media outlet owners and other rich people love to perpetuate🤦