Good luck to this man.

…

It turns out that Trump may have called in a major favor: Court records filed Friday 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.

  • spongebue@lemmy.world
    22·
    4 months ago

    I agree other than

    most sane people wouldn’t think any amount of defamation is worth $83m+

    Maybe not on its own, but remember that the initial award was far less. Then he did it again. The numbers skyrocketed because of punitive damages: basically, what’s an appropriate amount that would stop him (and him specifically) from doing it a third time? If a court were to make me pay, say, everything I have in my savings account I’d think twice about what I do. But my net worth is far less than his is purported to be. With that higher net worth comes higher punitive damages to prevent another occurrence.