Letitia James filed a ānotice of exception to the sufficiency of the suretyā seeking more information about Knight Specialty Insurance Company
Donald TrumpāsĀ $175m bondĀ in hisĀ New YorkĀ civil fraud case has been thrown into doubt by New York Attorney GeneralĀ Letitia JamesĀ after she filed a notice asking for evidence that the out-of-state firm that underwrote it really has the money to pay up.
Ms Jamesās office submitted a ānotice of exception to the sufficiency of the suretyā on Thursday asking for further proof that California-basedĀ Knight Specialty Insurance CompanyĀ (KSIC) has the capital to proceed on theĀ former presidentās behalf.
KSIC is not regulated by New York state, which means that it is not authorised to issue surety bonds in the Empire State and therefore cannot obtain a certificate from the New York Department of Financial Services, which is customarily part of any bond package.
Quick googling it would take about 13 trucks
49152 pennies in a sqft and a dump truck is around 270 sqft
Can your dump truck handle 33k kilos the class 8 I was looking at, says 11k max
Even then, rounding to 50k in pennies is only 500 dollars per square foot. At 270 sqft, thatās only 135k dollars per truck.
At 175 million, itād take 1.3k trips.
Awesome. Thanks! Thatāsā¦actually less trucks than I pictured in my head. I was thinking more like 20-30.
So he either stiffs 13 truck drivers or one driver 13 times. lol
Did you account for the inefficiency caused by the gaps between the pennies? Itās not insignificant, the difference is between pennies and molten metal.