Eric Trump told Fox News that when he requested a $454 million bond, the bonding companies mocked him.
Trump shared on Fox News’s Sunday Morning Futures:
He insisted that the amount should be zero. He mentioned that his father runs a successful company, and he himself runs a successful company. They have never defaulted, missed a payment, or breached a covenant. He explained that every letter they issued was genuine. He recounted a situation where a judge ordered disgorgement and interest rates to be raised, but he clarified that most of it was dismissed due to the statute of limitation. He emphasized that this is not just a legal matter, but an act of warfare.
He accused the opposition of wanting to harm his father, who is currently leading in the presidential race against Biden. He emphasized his father's intention to invest hundreds of millions of his own money into the campaign, and questioned how the opposition plans to prevent this. He expressed frustration at the judge’s decision to impose an excessively high bond amount within a short timeframe, especially one that is not commercially available in the United States.
He pointed out that the bonding companies were amused when he approached them for a half billion dollar bond, as they had never encountered such a large appeal before. He questioned the feasibility of seizing assets if there is no available bond of that size in the United States.
Video:
Eric Trump claims that bonding companies laughed at him when he tried to get a $454 million bond,”Every single person when I came to them say saying, hey, can I get a half billion dollar bond, Maria, they were laughing.” pic.twitter.com/zOMBBGsl0W
— Sarah Reese Jones (@PoliticusSarah) March 24, 2024
Eric Trump and his father were ridiculed by bonding companies because they lack the necessary assets to secure the bond. He asserted that no company would take on such a large appeal without assurance that they will not incur losses, stating that any company supporting Trump would end up losing money.
Eric Trump’s emotionally charged outburst included falsehoods regarding the extent of the victims of the Trump fraud. He alleged that every single taxpayer in New York fell victim to Trump’s decades-long fraud in tax payment avoidance.
Eric Trump also claimed that his father intended to inject hundreds of millions of dollars into his presidential campaign, despite the fact that the most Trump has ever done is provide a $10 million loan, which was repaid using donor contributions.
The Trumps lack the funds to cover the bond, and Attorney General James is set to begin seizing their assets tomorrow.
The dramatic performance by the Trumps on Fox is merely a distraction from the reality that their fabrication about their wealth is being exposed.
