It's interesting to wonder why they denied the bond. As reported elsewhere, to post a pond for $464 million, they wanted at last $500 million in assets as guara

It's interesting to wonder why they denied the bond. As reported elsewhere, to post a pond for $464 million, they wanted at last $500 million in assets as guarantee. Somehow Trump was not able to do that. 1. financial risk Trump has assets at least nominally valued few billions, but his net worth is hazy. He has already taken loans for the properties, has other investors involved, and the real value may be much less than declared. If the valuations are messy, associates are shady, and accounting is not transparent, insurance companies are not going to touch it. 2. political risk What if Trump wins the elections? Insurance companies going after revengeful Trump while he is in the office is huge risk.