Now that attorneys for failed one-term former president Donald Trump have revealed to the court that their client cannot post bond for the $464 million judgment imposed on him by a New York court in February, some are suggesting that the disgraced ex-head of state is now a serious security risk and could be for sale to the highest bidder.
According to CNN, Trump’s lawyers claim they approached dozens of bond underwriters who said they would not provide the necessary funding.
Trump’s attorneys said he has approached 30 underwriters to back the bond, which is due by the end of this month.
“The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude,” Trump’s lawyers wrote. (Trump himself was ordered to pay $454 million; the $464 million includes the disgorgement for his adult sons Don Jr. and Eric.)
An insurance broker, Gary Giulietti, who testified for Trump during the civil fraud trial, signed an affidavit stating that securing a bond in the full amount “is a practical impossibility.”
In the filing, Trump’s attorneys also argued, “The amount of the judgment, with interest, exceeds $464 million, and very few bonding companies will consider a bond of anything approaching that magnitude.”
And that, according to Rep. Sean Casten (D-IL), makes Donald Trump a serious threat to the national security of the United States.
On Twitter, Casten argued, “The presumptive @GOP nominee for President is desperate for $464M (and counting) which he cannot personally access. That fact alone makes him a massive national security risk; any foreign adversary seeking to buy a President knows the price.”
Casten then added other facts to bolster his case against Trump.
Ask yourself this question: Who has the most to gain (other than Trump and his family) if he’s elected in November?
If the nations of Russia and Saudi Arabia immediately came to mind, then you understand Congressman Casten’s concerns and why Trump should either be forced to divulge all of his financial information to voters or drop out of the presidential race. A man who has divided loyalties cannot be trusted with the most valuable secrets this country possesses.
