# NY AG Letitia James drops the (civil) hammer {On Trump & Family} \[9/21/2022\] **URL:** \ **Category:** Politics & Elections\ **Tags:** trump\ **Created:** [September 21, 2022, 4:13pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991 "2022-09-21T16:13:24Z")\ **Posts on this page:** 20\ **Page:** 160
**Author:** ![Cardigan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cardigan/32/187_2.png) [@Cardigan](https://boards.straightdope.com/u/Cardigan)\ **Post date:** [April 4, 2024, 7:55pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3182 "2024-04-04T19:55:52Z")
Yeah, that makes no sense whatsoever. It’s like they’re being _rewarded_ for their incompetence. ---
**Author:** ![rocking\_chair](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rocking_chair/32/2918_2.png) [@rocking\_chair](https://boards.straightdope.com/u/rocking_chair)\ **Post date:** [April 4, 2024, 8:01pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3183 "2024-04-04T20:01:13Z")
this article from daily beast spells things out a bit. The aggressive move by AG [Letitia James](https://www.thedailybeast.com/keyword/letitia-james) came after Knight Specialty Insurance Company—a relatively unknown entity with tangential political connections to the former president—was forced to reveal its finances. Lawyers for the law enforcement office made a court filing that “hereby takes exception to the sufficiency of the surety,” noting that KSIC is trying to operate “without a certificate of qualification.” Under New York [law](https://codes.findlaw.com/ny/insurance-law/isc-sect-1111/), state regulators have certain standards to ensure that an insurer is “solvent, responsible and otherwise qualified to make policies or contracts of the kind required.” The AG has given Trump and his rescuers 10 days to, as government lawyers put it, “justify the surety.” What’s more, the additional scrutiny has called into question whether this insurance company even has enough money to meet the capital requirements for posting the bond. of course trump would use a dodgy company. ---
**Author:** ![Atamasama](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/atamasama/32/12961_2.png) [@Atamasama](https://boards.straightdope.com/u/Atamasama)\ **Post date:** [April 4, 2024, 8:07pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3184 "2024-04-04T20:07:46Z")
> [@rocking\_chair](#): > > of course trump would use a dodgy company. He may _have_ to use such a company at this point. ---
**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\ **Post date:** [April 4, 2024, 8:12pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3185 "2024-04-04T20:12:32Z")
This doesn’t delay the actual appeal though and he will probably lose the appeal. This other stuff is in the background ---
**Author:** ![Akaj](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/akaj/32/145_2.png) [@Akaj](https://boards.straightdope.com/u/Akaj)\ **Post date:** [April 4, 2024, 8:12pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3186 "2024-04-04T20:12:41Z")
> [@rocking\_chair](#): > > The AG has given Trump and his rescuers 10 days to, as government lawyers put it, “justify the surety.” So this 10 days has nothing to do with the botched form? Because it sure sounds like they’re getting 10 extra days just to submit the form correctly. ---
**Author:** ![rocking\_chair](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/rocking_chair/32/2918_2.png) [@rocking\_chair](https://boards.straightdope.com/u/rocking_chair)\ **Post date:** [April 4, 2024, 8:36pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3187 "2024-04-04T20:36:41Z")
yes, they have an extra 10 days. the original “get in the money” clock was up today. the correction request happened yest. sooooo, april 14 or 15? ---
**Author:** ![TroutMan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/troutman/32/6721_2.png) [@TroutMan](https://boards.straightdope.com/u/TroutMan)\ **Post date:** [April 4, 2024, 8:37pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3188 "2024-04-04T20:37:17Z")
> [@Akaj](#): > > So this 10 days has nothing to do with the botched form? It’s not really botched. The government has requested additional information. ---
**Author:** ![Cardigan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cardigan/32/187_2.png) [@Cardigan](https://boards.straightdope.com/u/Cardigan)\ **Post date:** [April 4, 2024, 8:46pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3189 "2024-04-04T20:46:53Z")
Maybe a 10 day delay is worth it to see a financial statement where the money’s coming from. ---
**Author:** ![Euphonious\_Polemic](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/euphonious_polemic/32/3002_2.png) [@Euphonious\_Polemic](https://boards.straightdope.com/u/Euphonious_Polemic)\ **Post date:** [April 4, 2024, 9:14pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3190 "2024-04-04T21:14:20Z")
> [@Cardigan](#): > > see a financial statement where the money’s coming from. Or to see if there is in fact any money there. ---
**Author:** ![Cardigan](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/cardigan/32/187_2.png) [@Cardigan](https://boards.straightdope.com/u/Cardigan)\ **Post date:** [April 4, 2024, 9:14pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3191 "2024-04-04T21:14:52Z")
That too. ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [April 4, 2024, 9:27pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3192 "2024-04-04T21:27:03Z")
“If you guys fuck up one more time, we’re going to drop the charges! Is that what you want?” ---
**Author:** ![DavidNRockies](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidnrockies/32/6279_2.png) [@DavidNRockies](https://boards.straightdope.com/u/DavidNRockies)\ **Post date:** [April 4, 2024, 9:27pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3193 "2024-04-04T21:27:58Z")
> No, Your Honor –Alina Habba ---
**Author:** ![bobot](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bobot/32/21622_2.png) [@bobot](https://boards.straightdope.com/u/bobot)\ **Post date:** [April 4, 2024, 9:28pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3194 "2024-04-04T21:28:46Z")
Ha ha! 🤣 ---
**Author:** ![DavidNRockies](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/davidnrockies/32/6279_2.png) [@DavidNRockies](https://boards.straightdope.com/u/DavidNRockies)\ **Post date:** [April 4, 2024, 9:47pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3195 "2024-04-04T21:47:11Z")
Corrected filing, with financials and POA (**[8pp PDF](https://eddsa.blob.core.usgovcloudapi.net/public/452564_2022_PEOPLE_OF_THE_STATE_OF_v_PEOPLE_OF_THE_STATE_OF_BOND_UNDERTAKING_1707.pdf)**) ---
**Author:** ![hajario](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/hajario/32/171_2.png) [@hajario](https://boards.straightdope.com/u/hajario)\ **Post date:** [April 4, 2024, 10:49pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3196 "2024-04-04T22:49:39Z")
This is all just to make sure that the bond company can pay NY. They don’t give a shit if Trump makes good to them. ---
**Author:** ![outlierrn](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/outlierrn/32/3005_2.png) [@outlierrn](https://boards.straightdope.com/u/outlierrn)\ **Post date:** [April 4, 2024, 10:55pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3197 "2024-04-04T22:55:40Z")
> **[That Guy Who Backed Trump’s Bond? He May Not Have the Money](https://finance.yahoo.com/news/guy-backed-trump-bond-may-213812449.html)** > > New York Attorney General Letitia James doesn’t trust Don Hankey. Maybe not ---
**Author:** ![Odesio](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/odesio/32/20003_2.png) [@Odesio](https://boards.straightdope.com/u/Odesio)\ **Post date:** [April 4, 2024, 11:21pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3198 "2024-04-04T23:21:02Z")
> [@outlierrn](#): > > Maybe not I’m sure I’m speaking for the entirety of the Straight Dope community when I express my shock and dismay that such a scandalous state of affairs exsits for our former president. ---
**Author:** ![Euphonious\_Polemic](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/euphonious_polemic/32/3002_2.png) [@Euphonious\_Polemic](https://boards.straightdope.com/u/Euphonious_Polemic)\ **Post date:** [April 4, 2024, 11:29pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3199 "2024-04-04T23:29:52Z")
> [@outlierrn](#): > > Maybe not From the article: - the company only has 138 million in surplus, and would have to spend 127 percent of its reserves in order to cover the bond - this is not allowed under NY law, which governs companies offering surities. - but wait! The company president says they don’t have to follow this law, since the company is not a NY insurer, so the state of NY can’t regulate them. - but hold on now! The AG office is saying that this company needs a certificate of qualification to offer these bond services in the state! So the company is trying to have it both ways; "We’re not allowed to do bond service in this state, so therefore you can’t regulate the bond service that we just provided to Trump, and so therefore it does not matter that we don’t have the money to cover the bond. " THIS APPEARS TO BE INSANE TO ME. What the actual fuck. ---
**Author:** ![EddyTeddyFreddy](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/eddyteddyfreddy/32/18796_2.png) [@EddyTeddyFreddy](https://boards.straightdope.com/u/EddyTeddyFreddy)\ **Post date:** [April 4, 2024, 11:32pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3200 "2024-04-04T23:32:58Z")
But what about all that cash and stuff that Trump supposedly put up to back the bond? Huh? Huh? Don’t tell me it didn’t really happen?!? ---
**Author:** ![smithsb](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/smithsb/32/12107_2.png) [@smithsb](https://boards.straightdope.com/u/smithsb)\ **Post date:** [April 4, 2024, 11:37pm UTC](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991/3201 "2024-04-04T23:37:22Z")
Mr. Hankey-Pankey: “We have this 127% of stuff, AND this stack of Bibles.” [Previous page](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991.md?page=159) [Next page](https://boards.straightdope.com/t/ny-ag-letitia-james-drops-the-civil-hammer-on-trump-family-9-21-2022/971991.md?page=161)