[PJMEDIA] According to former federal prosecutor Eric Lisann, Knight Specialty Insurance won't be allowed to post a $175 million bond for Donald Trump as he appeals a fraud judgment. This statement came in response to lawyer Dave Kingman's assertion that the insurance company wouldn't be able to secure the bond for Trump.
Newsweek explains:
Kingman wrote that, as a result, New York Attorney General Letitia James will be able to begin enforcement proceedings on Donald Trump's properties.
A New York court has rejected Knight Specialty's paperwork and said it wanted to see more information on its financial backing. The company filed new paperwork on April 4.
Newsweek sought email comment from Knight Specialty Insurance and Trump's attorney on Monday.
Trump must post the $175 million bond to prevent James from beginning enforcement proceedings after a judge fined the former president $454 million in February for fraudulently inflating the value of his assets.
Writing on X, formerly Twitter, one-time federal prosecutor Lisann wrote that Knight Speciality might not be able to post the bond for Trump and will be liable for the full amount because it had given a guarantee to the court.
"Looks like there is a real possibility that this Don Hankey-owned Knight Specialty Insurance does not itself have liquidity, and did not get from Trump collateral, sufficient to provide legally cognizable assurance that it can pay $175 million on demand in the event of a judgment-affirming appeal," he said.
On April 1, Trump submitted a $175 million bond to prevent the seizure of his assets by New York Attorney General Letitia James during his appeal of a civil fraud ruling. However, the court's filing system rejected the bond shortly afterward due to missing paperwork, including a "current financial statement." James later questioned the adequacy of the bond and highlighted that Knight Specialty Insurance Company (KSIC), is not authorized in New York, rendering it ineligible to obtain a certificate of qualification from the Department of Financial Services. KSIC has resubmitted its paperwork to restart the process.
Last month, pollster Frank Luntz warned Democrats that if New York Attorney General Letitia James seizes Trump's assets, it could significantly boost Trump's chances in the 2024 presidential election.
"I want you to remember this moment," he said during a panel discussion on CNN. "And don't forget it. If the New York Attorney General starts to take his homes away, starts to seize his assets, it's all going to be on camera. Pundits are going to sit there and scream about this. 'This man cannot be elected.' You're going to create the greatest victimhood of 2024, and you're going to elect Donald Trump."
Luntz continued, "If they take his stuff, he's going to say that this is proof that the federal government — and the establishment and the swamp in Washington and all the politicians across the country in the attorneys general and all of this — that this is a conspiracy to deny him the presidency. He's going to go up in the polls just like he went up every single time they indicted him."
Posted by: Super Hose ||
04/08/2024 14:50 Comments ||
Top||
#3
Trump should just start a GoFundMe, dare them to shut it down. I bet if it was limited to $2 / person donations it would raise more than $175m in a day.
Posted by: M. Murcek ||
04/08/2024 14:54 Comments ||
Top||
#7
Since most of Trump's properties are not solely owned by him, any she seizes, everyone else with a share should immediately charge her with civil rights violations, as well as theft.
[NYPOST] A Hawaii liquor commissioner was forced to resign after she allegedly flaunted her badge to get into a nightclub, and then threatened to shut the business down during a drunken confrontation with employees.
Lisa Martin stepped down from her position as the vice-chairwoman of the Honolulu Liquor Commission on Monday following her alleged attempt at abusing her power, according to Hawaii News Now.
In the earlier hours of Saturday morning, Martin, 54, arrived at the Playbar Nightclub in Waikiki with a friend.
She then allegedly flashed her liquor commissioner badge at the club’s door to gain entry into the establishment, according to a police report obtained by the outlet. "Do yous know whose I is?"
Inside, Martin was confronted by employees after they believed she was already too drunk to be in the bar.
Once she was asked to leave, things quickly escalated.
A Playbar Nightclub employee claimed the now-former liquor commission threatened to shut the bar down, according to a police report obtained by the outlet.
Posted by: Fred ||
04/08/2024 00:00 ||
Comments ||
Link ||
[11132 views]
Top|| File under:
[ZERO] Recently released Jan. 6U.S. Capitol Police security video shows a suspected FBI special agent clapping and cheering as crowds surged up steps to the Columbus Doors and another meeting with an FBI tactical team just before it entered the Capitol after the fatal shooting of Ashli Babbitt.
The videos were first identified by defendant William Pope of Topeka, Kansas, in court filings in his own Jan. 6 criminal case. Exhibits Mr. Pope originally filed under seal have become public since the release of thousands of hours of Jan. 6 security video by the Committee on House Administration Subcommittee on Oversight.
Two possible FBI special agents and a third unknown colleague were with John D. Guandolo, the FBI’s former liaison with U.S. Capitol Police, at the Women for a Great America event on the East Front of the Capitol on Jan. 6, 2021, according to Mr. Pope.
In sworn testimony in a December 2022 Alaska civil court trial and in numerous media appearances, Mr. Guandolo said he was with two FBI special agents and a colleague with whom he traveled to Washington on Jan. 6. Mr. Guandolo has indicated that he was also introduced to other FBI personnel at the Capitol that day.
Mr. Pope is seeking to compel federal prosecutors to identify them all. He said even if the men were at the Capitol on personal time, their free movement around the grounds shows they did not believe the Capitol was off limits to the public.
Mr. Guandolo, who handled counterterrorism and criminal investigations for nearly 13 years—from 1996 to 2008—as an FBI special agent, has said he was at the Capitol in a personal capacity and went primarily to pray.
He was interviewed by the FBI about his Jan. 6 visit on July 6, 2022. A heavily redacted copy of the FBI 302 interview summary has been made public.
’THIS IS HUGE’
Security video shows that as the crowd broke through the police line on the East Plaza and surged up the steps to the Columbus Doors, one of Mr. Guandolo’s colleagues clapped enthusiastically.
"Oh, oh, oh man, this is huge," the man said, heard on Mr. Guandolo’s cell phone video that showed the crowd ascending the east steps.
On Capitol Police security Camera 7231, which looks out at the House Egg on the East Front, Mr. Guandolo was seen filming while standing on a chair just before 2:05 p.m. The clapping man, wearing a grey knit cap and dark coat, is identified in Mr. Pope’s court filing as "the Clapper" and "Colleague 2."
While Colleague 2 cheered the protesters’ advance on the Capitol, a man on Mr. Guandolo’s left, "Colleague 1," had his phone raised, presumably capturing his own video of the advancing crowd. He wore a brown knit cap and blue jacket, and carried a backpack, video showed.
Mr. Pope asked U.S. District Judge Rudolph Contreras to compel the Department of Justice to identify all FBI agents "who were material witnesses at the Capitol." Mr. Pope wants the FBI "to produce all photographs, videos, and records related to their presence."
The DOJ has filed opposition to Mr. Pope’s motion, saying it has "no obligation to investigate" who the men in the videos are.
The alternative, of course, is that the internet investigates for you. Are you sure that’s what you want?
[Fox Biz] "Spare us from our bad politics and policies!" A San Francisco lawmaker introduced a proposal that would require grocery stores in the city to provide six months of notice before closing a store and to explore a replacement supermarket at the vacated location.
Dean Preston, a member of the San Francisco Board of Supervisors, introduced what he calls the Grocery Protection Act — which is based on a proposal the board approved in 1984 that was vetoed by then-San Francisco Mayor Dianne Feinstein.
Preston's proposal would require grocery store owners to provide six months written notice to the Board of Supervisors as well as the Office of Economic and Workforce Development (OEWD). The store would also be required to post notices at all entries and exits as a means of informing customers and the general public. The rule wouldn't preclude closures due to a store being unprofitable.
"It was a good idea in 1984, and it's an even better idea now," Preston said in a press release. "Our communities need notice, an opportunity to be heard, and a transition plan when major neighborhood grocery stores plan to shut their doors. Meeting the food security needs of our seniors and families cannot be left to unilateral backroom decisions by massive corporate entities." "You didn't build that!"
A San Francisco supervisor proposed a law requiring grocery stores to give six months notice before closing a location.
The six-month notice requirement would be waived if the closure is caused by business circumstances that weren't reasonably foreseeable at the time notice would've been required, or if the closure was due to a natural disaster or emergency.
It would also not be required if the business is in the process of actively seeking capital or business that would allow the closure to be postponed or avoided, and the business has a reasonable and good faith belief that giving the closure notice would've precluded the store from obtaining the capital or business needed to stay open.
Posted by: Frank G ||
04/08/2024 11:42 ||
Comments ||
Link ||
[11142 views]
Top|| File under: Tin Hat Dictators, Presidents for Life, & Kleptocrats
#1
Soviet Central Planning is working so well for SanFran.
Every grocery store should post a notice today of their 'intent'.
#2
Maybe the grocery stores should adopt the global warming approach: announce they are going to close every six months. Then after five months or so,announce they will close in another six months. Then repeat every six months. Just like the global warming crisis has been postponed.
Posted by: Rambler in Virginia ||
04/08/2024 14:00 Comments ||
Top||
#3
I would announce all my chains are closing in 6 months due to crime, violence and vagrancy. Then if they are not doing well in that time, just shut the things down and let those fuckers starve.
[NYPOST] The Democratic National Convention might take place too late for President Joe Biden ...... 46th president of the U.S. The very model of probity, except maybe for abandoning Afghanistan...... get on Ohio’s general election ballot, a top state official warned.
Secretary of State Frank LaRosa informed Ohio Democratic Party Chairwoman Liz Walters in a recent letter that the DNC (If you're white you ain't right!) ...Democrat National Committee, where all those off-the-wall talking points we hear as news stories originate... convention is currently scheduled to convene on Aug. 19 but under state law presidential candidates must be certified by Aug. 7, creating all sorts of eligibility issues for Biden, NBC News reported.
LaRosa said the oversight can be remedied by either the Democratic Party moving up its nominating convention or by getting the Ohio state legislature to "create an exemption to this statutory requirement" by May 9 in accordance with state law.
Posted by: Fred ||
04/08/2024 01:48 ||
Comments ||
Link ||
[11141 views]
Top|| File under:
#1
...This is not a serious as it sounds, because even if Ohio was the reddest of Red States, they're not going to risk the absolute horror show that would result were they to dig in their heels on the issue.
On the other hand, I'd love to see the state indulge in a little blackmail- I mean, discussion of goodies to help smooth the path.
A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.