Trump hit with SURPRISE bad news in NY trial

The Legal Breakdown with BTC & Glenn Kirschner
20 Apr 202410:11

Summary

TLDR在纽约的欺诈案审判中,唐纳德·特朗普面临支付1.75亿美元的巨额保证金问题。纽约总检察长莱蒂西亚·詹姆斯正式反对特朗普试图提交的1.75亿美元保证金,理由包括:担保公司Night Specialty Insurance Company规模小,未在纽约州获得写保授权,且其CEO与特朗普有业务往来;公司资产仅1.38亿美元,远低于行业标准,即公司总资产的10%;特朗普声称拥有超过1.75亿美元的现金,但未具体说明;Night Specialty Insurance Company保留全部保险风险在开曼群岛,那里的监管宽松,被纽约监管机构称为“影子保险”;公司管理层被发现违反联邦法律。如果法官拒绝该保证金,詹姆斯请求给予特朗普不超过7天时间提交合法保证金,否则将开始扣押资产以满足近5亿美元的判决。

Takeaways

  • 📉 纽约州总检察长莱蒂西亚·詹姆斯正式反对唐纳德·特朗普试图支付的1.75亿美元的保证金。
  • 🚫 詹姆斯在长达26页的法院文件中提出了反对保证金的理由,请求法官马兰拒绝该保证金。
  • 💰 纽约上诉法院曾将特朗普需要支付的保证金从近500万美元减少到1.75亿美元,没有给出解释或依据。
  • 🤝 保证金由名为Night Specialty保险公司的小型保险公司提供,该公司的CEO是特朗普过去的商业伙伴。
  • 🚷 该公司未在纽约州获得授权,不受纽约州保险部门监管,且在过去两年内未在任何司法管辖区内写过任何保证金。
  • 💵 Night Specialty保险公司的资产盈余仅为1.38亿美元,而行业标准是公司担保的保证金不应超过其总资产的10%。
  • 📉 特朗普声称在Schwab经纪账户中有超过1.75亿美元的现金,但他在文件中将“现金”一词加上了引号。
  • 🏦 如果Schwab账户的价值跌至1.75亿美元以下,特朗普承诺通过存入额外资金来补足余额,包括股票等多种形式。
  • 🏴‍☠️ Night Specialty保险公司保留其全部保险风险在开曼群岛,那里缺乏监管,允许该公司进行所谓的“影子保险”。
  • ❌ KSIC(Night Specialty保险公司)的管理层被发现在过去几年内多次违反联邦法律。
  • 🤔 如果特朗普真的有这么多现金,他为何不直接用自己的现金支付保证金,而要支付额外费用给保险公司?
  • 🏛️ 法官可能会给特朗普的律师一段时间来回应詹姆斯的文件,然后法官将做出决定。如果保证金被拒绝,特朗普可能需要在7天内找到合格的保证金提供者。

Q & A

  • 唐纳德·特朗普在纽约的欺诈案中需要支付多少金额的保证金?

    -唐纳德·特朗普需要支付1.75亿美元的保证金。

  • 纽约总检察长莱蒂西亚·詹姆斯对特朗普的保证金持什么态度?

    -莱蒂西亚·詹姆斯正式反对特朗普试图提交的1.75亿美元保证金,并请求法庭拒绝该保证金。

  • 如果保证金被拒绝,莱蒂西亚·詹姆斯希望如何处理特朗普的资产?

    -如果保证金被拒绝,莱蒂西亚·詹姆斯请求法庭给予特朗普不超过七天的时间来提交一个合法的保证金,如果做不到,她希望开始对特朗普的资产进行查封。

  • 夜幕专业保险公司(Night Specialty Insurance Company)为什么不适合为特朗普的保证金提供担保?

    -夜幕专业保险公司是一家小型保险公司,未获授权在纽约州写保证金,且未受纽约州保险部门监管。此外,该公司的资产余额仅有1.38亿美元,远低于行业标准,即公司担保的保证金不应超过其总资产的10%。

  • 特朗普声称在嘉信理财(Schwab)账户中有多少现金?

    -特朗普声称在嘉信理财账户中有超过1.75亿美元的现金。

  • 如果特朗普的嘉信理财账户价值下降,他承诺会怎么做?

    -特朗普承诺,如果他的嘉信理财账户价值下降到1.75亿美元以下,他将通过存入额外资金来补足余额,资金可以是多种允许的形式,包括股票。

  • 为什么纽约监管机构将夜幕专业保险公司的做法称为“影子保险”?

    -因为夜幕专业保险公司保留了100%的保险风险在开曼群岛,那里的宽松监管允许该公司进行纽约监管机构所警告的“影子保险”操作。

  • 夜幕专业保险公司的管理团队为什么被认为不适合作为保证金的担保人?

    -因为该公司的管理团队被发现在过去几年内多次违反联邦法律,运营其控股公司结构内的关联公司。

  • 如果特朗普确实拥有大量现金,为什么他还要寻求保证金公司的协助?

    -这表明特朗普可能并没有他声称的那么多现金。如果他真的有足够的现金,他可以直接将现金存入法庭的托管账户,而无需支付保证金公司额外的费用。

  • 如果法官拒绝夜幕专业保险公司的保证金,特朗普将面临什么后果?

    -如果法官拒绝保证金,特朗普将被给予有限的时间来找到合法的保证金提供者,否则纽约总检察长将开始查封他的财产,以满足对他近5亿美元的判决。

  • 观众如何跟进特朗普的案件和曼哈顿刑事审判的最新进展?

    -观众可以通过订阅格伦·克尔斯纳(Glenn Kersner)和布莱恩·泰尔·科恩(Brian Tyer Cohen)的频道来跟进这些案件的最新进展。

Outlines

00:00

😀 特朗普1.75亿美元保证金问题

在纽约的欺诈案审判中,唐纳德·特朗普面临支付1.75亿美元的保证金。纽约总检察长莱蒂西亚·詹姆斯正式反对特朗普所尝试提交的保证金,并在长达26页的法院文件中提出了多个理由。文件指出,提供保证金的Night Specialty保险公司是小型保险公司,在纽约州无权写保单,也未受纽约州保险部门监管。此外,该公司的资产仅有1.38亿美元,远低于行业标准,即公司担保的保单金额不应超过其总资产的10%。詹姆斯还提到,特朗普声称在Schwab账户中有超过1.75亿美元的现金,但这种说法存在疑问。如果法院拒绝接受这份保证金,特朗普将被给予不超过七天的时间来提交另一份合法的保证金,否则将开始资产查封。

05:01

😕 特朗普的保证金问题及下一步

特朗普声称在Schwab账户中有超过1.75亿美元的现金,并向保险公司Night Specialty承诺,如果账户价值下降,他将通过存入额外资金来补充余额。然而,Night Specialty保险公司保留了100%的保险风险在开曼群岛,那里缺乏监管,允许该公司进行所谓的“影子保险”操作。此外,该公司管理层被发现在过去几年内多次违反联邦法律。如果特朗普无法在规定时间内提供合法的保证金,总检察长詹姆斯将开始查封他的财产,以满足对他近5亿美元的判决。目前,法官恩·戈兰可能会给特朗普的律师团队一段时间来回应詹姆斯的文件,然后法官将做出决定。

10:02

📺 订阅频道以跟进案件进展

为了跟进唐纳德·特朗普的案件以及曼哈顿正在进行的刑事审判,观众被鼓励订阅格伦·凯斯纳和布莱恩·泰尔·科恩的频道。两位主持人承诺将提供每日的法律更新,帮助观众了解整个审判过程。

Mindmap

Keywords

💡Donald Trump

唐纳德·特朗普是美国的一位商人和前总统,视频中提到他因纽约的欺诈案而面临1.75亿美元的债券问题。特朗普在视频中是主要讨论对象,围绕他的财务状况和法律问题展开。

💡1.75亿美元债券

指的是唐纳德·特朗普在纽约欺诈案中需要支付的巨额保证金。这个金额在视频中被特别强调,因为它与特朗普的财务能力和法律诉讼直接相关。

💡纽约检察官莱蒂西亚·詹姆斯

纽约州的检察官,她在视频中对特朗普试图提交的1.75亿美元债券提出反对。她的角色对于理解整个法律争议至关重要,因为她的立场和行动可能会影响特朗普的法律结果。

💡Night Specialty Insurance Company

一家小型保险公司,特朗普通过它来提交1.75亿美元的债券。该公司在视频中被提及,因为它的规模、财务状况和业务实践受到了质疑,这些都与特朗普的债券问题直接相关。

💡查尔斯·施瓦布公司(Schwab)

一家金融服务公司,特朗普声称在该公司有一个超过1.75亿美元现金的账户。这个账户在视频中被提到,因为它是特朗普声称拥有的现金资产的一部分,这关系到他是否能够支付巨额债券。

💡资产没收

如果特朗普不能提供可接受的债券,检察官詹姆斯可能会开始没收他的资产。这个概念在视频中被讨论,因为它是法律诉讼可能的结果之一,对特朗普的财务状况有重大影响。

💡行业标准

在视频中提到,保险公司担保的债券不应超过其总资产的10%。这个标准是用来评估Night Specialty Insurance Company是否有能力为特朗普提供1.75亿美元债券的关键因素。

💡开曼群岛

开曼群岛在视频中被提及,因为Night Specialty Insurance Company在那里保留了100%的保险风险,这被纽约监管机构称为“影子保险”,暗示了监管松懈和潜在的风险。

💡联邦法律

在讨论Night Specialty Insurance Company时提到,该公司的管理层被发现在过去几年内多次违反联邦法律。这表明公司的合规性问题,对特朗普债券的合法性构成了质疑。

💡合法债券

指的是由有资质的、受监管的保险公司发行的债券,它需要满足一定的财务和法律要求。在视频中,合法债券是讨论的焦点,因为检察官詹姆斯反对特朗普通过Night Specialty Insurance Company提交的债券。

💡纽约法院

在视频中,纽约法院是处理特朗普案件的司法机构。法院的决策将直接影响特朗普是否需要支付1.75亿美元的债券,或者他的资产是否会被没收。

Highlights

唐纳德·特朗普在纽约的欺诈案中必须支付1.75亿美元的巨额保证金。

纽约州总检察长莱蒂西亚·詹姆斯正式反对特朗普试图提交的1.75亿美元保证金。

纽约上诉法院无理由地将特朗普必须提交的保证金从近五百万美元减少到1.75亿美元。

如果保证金最终被拒绝,莱蒂西亚·詹姆斯可能会立即开始扣押资产。

保证金由Nightfall Specialty保险公司提交,该公司未在纽约州获得授权,且CEO与特朗普有业务往来。

Nightfall Specialty保险公司的资产仅为1.38亿美元,远低于行业标准。

特朗普声称在Schwab账户中有超过1.75亿美元的现金,但使用了引号。

Nightfall Specialty保险公司保留100%的保险风险在开曼群岛,被认为有“影子保险”之嫌。

Nightfall Specialty保险公司的管理层被发现违反联邦法律多次。

如果特朗普有足够的现金,他本可以不通过保证金公司而直接向法院支付。

法官可能会给特朗普的律师短时间回应,然后做出决定。

如果保证金被拒绝,特朗普将有7到10天的时间来提供合法的保证金。

如果特朗普无法提供合法保证金,总检察长将开始扣押其财产。

观众可以通过订阅两个频道来跟进此案以及曼哈顿的刑事审判。

莱蒂西亚·詹姆斯要求如果法官同意拒绝保证金,特朗普不应获得超过7天的时间来提交合法保证金。

特朗普声称如果Schwab账户的价值低于1.75亿美元,他将通过存入额外资金来平衡账户。

Nightfall Specialty保险公司在开曼群岛的业务操作被认为有规避监管之嫌。

如果特朗普不能提供合法的保证金,他将面临近5亿美元的财产扣押。

Transcripts

00:00

you're watching the legal breakdown so

00:01

Glenn we've got a major update on Donald

00:03

Trump's big $175 million bond that he

00:07

has to pay in the New York fraud trial

00:08

but first just a quick reminder that we

00:10

are in the midst of Trump's first

00:11

criminal trial in Manhattan and Glenn

00:13

and I will be doing daily comprehensive

00:15

coverage of the entire trial so if you

00:16

want to follow along for daily legal

00:18

updates please make sure to subscribe to

00:20

both of our channels okay Glenn things

00:22

have taken a decidedly worse turn for

00:24

Donald Trump as far as that $175 million

00:27

bond that he secured is concerned what's

00:29

the news here

00:30

talk about Donald Trump having a really

00:32

bad week New York attorney general

00:34

Leticia James has formally opposed the

00:38

$175 million Bond Donald Trump has tried

00:42

to post and she has several reasons in

00:46

what is a lengthy and dense 26-page

00:50

Court filing that just hit I've tried to

00:52

skim it quickly for our viewers and she

00:56

is asking that the court um that is

00:58

Judge Maran reject the bond now remember

01:02

Brian this is a dramatically reduced

01:05

Bond the New York Court of Appeals did

01:07

Donald Trump a favor though by reducing

01:10

a bond that he had to post of nearly

01:12

half a million dollars all the way down

01:14

to $1 175 million without explanation

01:18

without Authority and um so even Donald

01:22

Trump seems to be abusing that privilege

01:24

that gift that was bestowed upon him by

01:27

the uh the New York court of appeals but

01:29

today TI James has said not so fast we

01:32

oppose this Bond and there are several

01:35

reasons we're urging the court to reject

01:38

this Bond now what happens if the bond

01:40

is ultimately rejected can asset seizure

01:43

begin immediately by tis James or will

01:46

the judge give Trump another window

01:47

another 10day window perhaps to try and

01:49

secure another bond for $175 million

01:53

yeah great question and I think Tish

01:54

James tries to answer that question in

01:56

this new court filing she says to judge

01:59

en Goran your honor if you assuming you

02:02

agree with us and you reject this Bond

02:04

Trump just tried to post um we would ask

02:08

that he be given no more than seven

02:09

additional days to post a legitimate

02:12

Bond one that is acceptable to basically

02:15

the courts of New York and we can talk

02:17

about why she says this one is not

02:20

acceptable in New York in a minute but

02:23

um give him no more than seven days and

02:25

if he can't come up with a legitimate

02:27

Bond then let the seizures begin

02:30

okay and to your earlier Point uh can

02:33

you speak about why this Bond wasn't

02:34

acceptable what from night shy I believe

02:36

the company was called yeah I can let me

02:38

just hit some of the highlights that uh

02:40

AG James puts in this new court filing

02:43

first of all the bond was posted by

02:45

something called night specialty

02:48

insurance company ksic and the CEO is

02:52

somebody who has done business and is

02:54

something of an associate of Donald

02:56

Trump's from years past yeah only the

03:00

best people so um here is some of what

03:02

Tish James says she says first of all

03:05

night specialty insurance company is a

03:08

small insurer that is not authorized to

03:11

write Bonds in New York and thus is not

03:14

regulated by the New York State

03:16

insurance department and has never

03:19

before written a shity bond in New York

03:22

or has never written any shity bond in

03:25

the prior two years in any jurisdiction

03:28

reason one reason two they um apparently

03:33

night specialty insurance company has a

03:36

surplus of just $138 million that sounds

03:40

like a lot Until you realize that the

03:43

industry standard is a company should

03:46

guarantee a bond for no more than 10% of

03:50

their total assets that means even if

03:52

they were qualified to do business in

03:54

New York they shouldn't be putting up a

03:56

bond for anything more than about $14

03:59

million

04:00

of course they're uring

04:02

$175 million bond for Donald Trump but

04:05

wait there's more reasons to dislike

04:07

this Bond they say that Donald Trump

04:11

pledged to night specialty insurance

04:14

company that he has a bank account

04:17

specifically a Schwab brokerage account

04:20

that has you ready for this quote just

04:24

over

04:25

$175 million in cash why why did I just

04:30

put up the air quotes around cash

04:32

because Donald Trump said in pleadings

04:36

in papers that oh yeah I have a little

04:39

bit more than $175 million in cash and

04:43

he puts the word cash in quotes I'm not

04:46

sure why you have to put quotes around

04:47

the word cash if you actually have cash

04:51

I I have a I have an idea as to why you

04:53

might put the word cash in quotes a w a

04:57

wild guess yeah yeah maybe maybe maybe

04:59

has something to do with the fact that

05:00

he's bullshitting but that's that's just

05:02

me yeah bullshitting is a legal term but

05:04

um exactly but but so after he goes on

05:07

to say I have a I have more than he

05:10

doesn't even quantify I have well a

05:12

little more than $175 million in cash in

05:15

this Schwab account he then goes on to

05:18

tell the um night specialty insurance

05:21

company the one issuing the bond oh and

05:23

if the value in my Schwab account dips

05:26

below 175 million I promise to quote

05:31

true up the balance by depositing

05:34

additional funds in multiple permitted

05:37

forms including stocks nothing Shady

05:41

about any of those representations as

05:43

far as I'm concerned Brian yeah Glenn I

05:46

got to ask there's go ahead go ahead go

05:48

keep going keep going I'll ask my

05:49

question after yeah there's another

05:51

couple let me just round it out here so

05:54

ksic the shity company um basically

05:57

retains 100% of of his its Insurance

06:01

risk in the Cayman Islands where quote

06:04

this is Tish James language lack

06:07

regulations allow ksic to I'm going to

06:11

paraphrase here play games let me go

06:14

back to tish's uh Tish James language

06:17

quote a practice New York Regulators

06:19

have dubbed Shadow insurance and about

06:22

which they have sounded the alarm I

06:25

think that's reason number three to

06:27

dislike this Bond if you're scoring at

06:29

home and then finally Tish James rounds

06:31

it out with ksic is not qualified to act

06:35

as the shity under this standard because

06:38

its management get ready for it ksc's

06:42

management has been found by federal

06:44

authorities to have operated Affiliated

06:47

companies within ksc's holding company

06:50

structure in violation of federal law on

06:53

multiple occasions within the past

06:55

several years other than those four or

06:58

five disqualified fires I think this

07:01

bond is Rock Solid yeah that's right you

07:04

couldn't you couldn't write a like a a

07:06

more characteristic uh uh like

07:09

prototypical company that would actually

07:11

come in and save Donald Trump at the end

07:13

of this Glenn I got to ask if Donald

07:15

Trump has all this money all this liquid

07:17

cash or or quote unquote cash whatever

07:19

that means why would he seek the help of

07:22

a bond company who he then has to pay an

07:24

additional fee to I think it's like

07:26

somewhere between 3 and 5% I mean that

07:28

is a massive mive amount when you're

07:30

dealing with a sum of $175 million so if

07:32

he has the cash liquid right there why

07:35

wouldn't he just put his own cash up and

07:36

not have to pay extra money to some

07:38

random company it makes absolutely no

07:41

sense because if you're required to put

07:43

up $175 million in cash which you could

07:47

just deposit in the Court's escrow

07:50

account he did that in the first EG

07:53

Carol case he deposited $5.5 million in

07:56

cash um in the Court's escrow account

07:59

which let him appeal the first egene

08:02

Carol verdict um so if you had 175

08:05

million You' just give it to the court

08:07

and you don't incur the massive fees

08:10

that are required when you go to a shity

08:12

company when you go to a bondsman

08:14

because they're going to request a

08:16

premium in order to issue that Bond so

08:19

what does that tell me Brian it says

08:21

that he doesn't have $175 million in

08:25

cash yeah that must be what those air

08:27

quotes mean okay Glenn so what are next

08:29

steps here when are we going to get a

08:30

determination from the judge as to

08:32

whether uh Laticia James's motion to

08:35

disqualify knight uh specialty insurance

08:38

company is granted so I have a feeling

08:41

now that this new filing has been

08:43

received by the court judge en Goran

08:45

will likely give Donald Trump's lawyers

08:48

a a short amount of time to file its

08:51

response to Attorney General James

08:54

filing and then I suspect he'll resolve

08:57

it what we call on the papers which

08:59

means he'll probably read Trump's

09:02

response if any he'll make his decision

09:05

he'll announce his decision again if I

09:07

were betting man and making my $1 bet I

09:10

would I would bet the judge en Goran

09:11

will reject this Bond we'll give Donald

09:14

Trump seven maybe 10 days if he's

09:16

feeling generous to come up with a

09:18

legitimate bond by a legitimate bondsman

09:21

who is who is licensed and permitted to

09:23

do business in New York actually has the

09:26

assets to cover the bond doesn't send

09:29

all his business to the Cayman Islands

09:31

and has not violated federal law several

09:34

times over in recent years and if Trump

09:36

can come up with that kind of a bond and

09:38

I suspect he can't or he wouldn't have

09:40

come up come up with this one then

09:43

Attorney General James will begin

09:45

seizing his properties to satisfy the

09:48

nearly half a billion dollar money

09:50

judgment that was entered against him

09:52

well we obviously follow along with all

09:54

of this so for those watching right now

09:55

if you want to follow along with this

09:56

case as well as the ongoing Manhattan

09:58

Criminal trial please make sure to

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subscribe the links to both of our

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10:03

please make sure to subscribe to Glenn's

10:04

Channel as well as mine you can keep up

10:06

with all of this I'm Brian tyer Cohen

10:08

and I'm Glenn kersner you're watching

10:10

the legal breakdown