Eric Trump, in Brutal Self-Own, Says Insurance Companies ‘Were Laughing’ as He Tried to Secure $464M Bond for Donald Trump

E. Trump: “This is election interference. They go out and they ask you to post half-a-billion dollar bond. Maria, I want to put that in context. I went out to the largest sureties in the world, the largest sureties in the country. They said, ‘Eric, the last time we’ve seen a bond of that size is when we did the big dig of Boston, which was a $25 billion construction project that lasted almost 25 years. They’re trying to put my father out of business, they’re trying to take all his resources that you’d otherwise put into his own campaign for presidency. This is New York state. This is what we’re seeing. Letitia James campaigned on this promise, and now they’re making him do something that’s not physically possible. Putting up half-a-billion dollar bond, bonds that size don’t exist in this country. A $10 million bond is a large bond. A $15 is million bond is an enormous bond. A half-a-billion dollar bond? And, Maria, remember one thing, the banks all a testified Trump was the greatest borrower we’ve ever had. There was no victim. There’s — this is a crooked system with a crooked attorney general and a crooked court that literally wants to put my father out of business. And you know who they’re actually going to hurt? They’re going to hurt the thousands and thousands of employees that we have in New York state. These are janitors, these are doormen, these are people that work in commercial buildings. They’re going to hurt those individuals, not the executives. They’re going to hurt those individuals. How about all the contractors that we employ to do buildouts? How about everybody else that relies on our family, thousands of people. All for their own political venn debt that? It’s insane.”
BARTIROMO: “I’m trying to understand how this number came about, $454 million, or $464 million, and what the real number is. How did they come up with this number?”
E. Trump: “You know what? It was a crooked number. There are no victims. There is no number. The number should be zero. My father’s running a great company. I run a great company. We’ve never had a default, we’ve never missed a payment, we’ve never been in a breach of covenant. Every single one of our lenders came out. And he goes out, the judge comes out and says, ‘I want to take disgorgement. I want to take interest rates that you paid on mortgages and put it up to 10, 11, 12% and go back 20 years.’ And we already won this in the appellate court. The appellate court already said there’s a statute of limitation, that 99% of what he put in there is thrown out. But, Maria, this isn’t about this, this is lawfare. They want to hurt my father, who is winning the presidential race right now. He’s beating Biden in every single poll in every single swing state. He came out and said he wants to put hundreds of millions of dollars of his own money into his campaign. And how do they deprive him of that? They have that judge that you have on the screen right there come up with an astronomical number, give you zero time to post a bond, a bond that’s not even commercially available in the United States. It’s not. No one’s ever seen a bond this size. Every single person, when I came to them saying, ‘Hey, can I get a half-billion dollar bond,’ Maria, they were laughing. They were laughing. Top executives of the largest surety companies had never seen anything of this size. What, they’re going to start seizing assets if he can’t put up something that’s not available in the United States?”