"Trump's $175 Million Appeal Bond: The Shady Banker and the Underwriter's Easy Decision"

Former President Donald Trump posted a $175 million bond in the New York civil fraud case after a state appeals court reduced the amount from $454 million, with the bond protecting his assets from seizure while he appeals the fraud judgment. The chairman of the company underwriting the bond stated that it was an easy decision, despite nearly 30 insurance companies declining to underwrite it. Additionally, an insurance company previously posted a $92 million appeal bond for Trump in a federal defamation case, prompting the CEO to defend the decision in a letter to investors.