Rapidcreek@lemmy.world to politics @lemmy.world · 7 months agoTrump’s $175M Bond Rejected, Filled With Filing Errorspolitizoom.comexternal-linkmessage-square38fedilinkarrow-up1243arrow-down112
arrow-up1231arrow-down1external-linkTrump’s $175M Bond Rejected, Filled With Filing Errorspolitizoom.comRapidcreek@lemmy.world to politics @lemmy.world · 7 months agomessage-square38fedilink
minus-squarebaru@lemmy.worldlinkfedilinkarrow-up7arrow-down1·7 months agoAs said elsewhere, the bond company needs to share their financials. So not the Trump financials. This to ensure that the bond company has enough money for the bond.
minus-squareCoskii@lemmy.blahaj.zonelinkfedilinkarrow-up4arrow-down1·7 months agoYeah, this boils down to “does the bond company have the money and was the bond issuer authorized to issue the bond” It will get interesting if they for whatever reason can’t provide these two formalities, but I’m not holding my breath.
As said elsewhere, the bond company needs to share their financials. So not the Trump financials. This to ensure that the bond company has enough money for the bond.
Yeah, this boils down to “does the bond company have the money and was the bond issuer authorized to issue the bond”
It will get interesting if they for whatever reason can’t provide these two formalities, but I’m not holding my breath.