No. of Recommendations: 14
So, how did Trump post bond for E. Jean Carroll’s defamation lawsuit against him, amid reports that the former president is broke?
Court records filed today show that the bond was guaranteed by the Chubb Corporation, an insurance group. In 2018, Trump appointed Chubb’s CEO Evan Greenberg to a White House advisory committee for trade policy and negotiations.
Chubb is also infamous for talking up Green Energy while insuring a wide range of fossil fuel producers, including Russia.
Chubb is insuring oil and gas extraction and transport in Russia, fueling Russia’s war on Ukraine. In fact, Chubb called Russian oil and gas “one of the most promising activities” of its Russian operations. The insurer was recently backing Nord Stream 2, a massive, controversial natural gas pipeline built by Gazprom, the world’s largest producer of gas and a majority Russian state-owned fossil fuel company (which also happens to be funded by JPMorgan Chase). Following the horrific invasion of Ukraine, RAN joined more than 75 global organizations in sending a letter to Chubb and other financial institutions last week, urging them to end the financing, investing, and insuring of companies in Russia’s coal, oil, and gas industries, and to divest from existing holdings. Clinton was right: with Trump, all roads lead to Putin.
https://newrepublic.com/post/179685/trump-january-...https://www.ran.org/the-understory/chubb-is-insuri... 