Letitia James filed a ānotice of exception to the sufficiency of the suretyā seeking more information about Knight Specialty Insurance Company
Donald TrumpāsĀ $175m bondĀ in hisĀ New YorkĀ civil fraud case has been thrown into doubt by New York Attorney GeneralĀ Letitia JamesĀ after she filed a notice asking for evidence that the out-of-state firm that underwrote it really has the money to pay up.
Ms Jamesās office submitted a ānotice of exception to the sufficiency of the suretyā on Thursday asking for further proof that California-basedĀ Knight Specialty Insurance CompanyĀ (KSIC) has the capital to proceed on theĀ former presidentās behalf.
KSIC is not regulated by New York state, which means that it is not authorised to issue surety bonds in the Empire State and therefore cannot obtain a certificate from the New York Department of Financial Services, which is customarily part of any bond package.
Lots of types of dump trucks, but I took the ā14 tonsā number from here.
https://www.lynchtruckcenter.com/manufacturer-information-how-much-can-a-dump-truck-carry.html
Penny weights about 2.5 grams. 14 tons is about 12,700 kg (could have probably called it 14 metric tons, but letās be more accurate since weāre being weird about it in the first place.)
12,700,000g/2.5 = 5,080,000 ~= $50,000 per dump truck = 3,500 loads of pennys.
Feels like a lot of loads of dump trucks. Might have moved a decimal point somewhere along the way.