"Trump's Financial Crisis: Bond Deadline Looms Amid Lending Woes"

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Source: CNN
"Trump's Financial Crisis: Bond Deadline Looms Amid Lending Woes"
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TL;DR Summary

Former President Donald Trump is facing a deadline to secure a half-billion-dollar bond to appeal his civil fraud case in New York, but is struggling to find an insurance company willing to underwrite it. Trump has sought out wealthy supporters and considered selling assets, expressing concern about the optics of a financial crisis. He has publicly criticized the deadline and privately lashed out at the New York Attorney General and the judge overseeing the case. Trump's legal team has approached 30 underwriters, but some have internal policies limiting them from securing a bond in excess of $100 million.

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