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Trump Posts $91 Million Bond in Defamation Case

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Donald Trump posted a roughly $91 million bond on Friday as he appeals the verdict in advice columnist E. Jean Carroll’s defamation lawsuit, The Hill reports.

New York Times: “With a Monday deadline looming, Mr. Trump secured the $91.6 million bond, which is higher than the $83.3 million judgment because the former president is also responsible for interest.”

“The bond is a promise from the company offering it to cover Mr. Trump’s judgment if he loses his appeal and fails to pay. In exchange, Mr. Trump must pay the company a fee and pledge collateral, including as much cash as possible.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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