"The AG has valid reasons for questioning the validity of a bond posted by an out-of-state insurer without a certificate from the Insurance department, and having inadequate capitalization to cover the bond... also somewhat doubtful that a reinsurance policy would so clearly cover a default on a surety bond."
"Trump's apparent decision to not put up the money himself "also raises the question of whether the collateral is double-pledged to secure another obligation..."
samhainnight
thepoliticalcat