- cross-posted to:
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- cross-posted to:
- [email protected]
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It turns out that Trump may have called in a major favor: Court records filed Friday show that the bond was guaranteed by the Chubb Corporation, an insurance group. In 2018, Trump appointed Chubb’s CEO Evan Greenberg to a White House advisory committee for trade policy and negotiations.
Why would any corporation allow this and not instantly fire the CEO?
“Hey board, I just tied up a huge chunk of cash, with no possible return on investment, did I do good?”
Given the company is worth over $100b I don’t even think something this value would be mentioned to the board, let alone concern them when they just bought a potential president for cheap
People would be shocked at how often insurance agencies are the backers/owners of personal loans. It’s a bread and butter investment for them.
This is a loan in name only
Yeah, talk about an extreme possible return on investment - pocket change for a POTUS.
91 Million is a write-off for them. Not a tax write off (they don’t pay taxes already, obvs), an accounting write-off. Like at the end of the year they just go, “looks like we lost 91 million somehow. Oh well, subtract it from 100 billion and continue laughing
Trump is dirty, maybe this guy is dirty too - like, has some power (blackmail?) over the board members?
Removed by mod
They are a Trump appointee… I bet the correlation there between those who, upon being investigated, end up proven dirty, will be astonishingly high.
What don’t we all have a golden shower and Epstein video, we want to burry?
Uh… no? It seems the price of admission to be Putin’s lapdog though - he will help you, if you help him, but he also wants dirt on you first. He even provided all the necessary materials - the hotel room, prostitutes, camera, and videographer, he’s so helpful that way!:-D
Probably when trump appointed him he made the company a ton of money. And maybe they are hoping did that again.
Ah, yes, the company probably doesn’t even pay a good chunk of their employees a living wage. But they have no problem spending money on stupid shit like this. Classic.