The MeidasTouch Podcast

Trump DECLARATION SURFACES Showing How HE CAN’T AFFORD BOND

Mar 18, 2024
A significant declaration reveals that Trump struggles to secure a surety bond, raising questions about his financial credibility. The hosts dive into the implications of his bond failures, particularly in light of ongoing legal battles. Discussions also touch on the hesitancy of surety companies and how Trump's public comments affect negotiations. Additionally, they explore the contradictions between his hefty claims of wealth and his current financial predicaments, shedding light on a pattern of deception.
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ANECDOTE

Trump's Bond Trouble

  • Trump claimed to be wealthy and said posting bond would be easy.
  • However, his lawyer's declaration reveals Trump couldn't secure a bond due to lack of funds.
INSIGHT

Failed Surety Bond Attempts

  • Trump's general counsel, Alan Garten, revealed Trump's attempts to get a surety bond failed.
  • Multiple surety companies, including Chubb, refused to work with Trump due to high risk or inability to reach a deal.
INSIGHT

Trump's Contradictory Claims

  • Trump previously boasted about his wealth and the size of his organization.
  • Now, he claims to be a small, private business to avoid the large bond requirement.
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