General Discussion

maxrandb

(15,330 posts) Sat Mar 9, 2024, 09:32 AM Mar 9

Chubb seems to think loaning TSF $91M is a "sound investment" [View all]

Do you think we should show them it's not?

64 votes, 3 passes \| Time left: Time expired
	Is loaning a rapist facing 91 felonies a sound business practice?
	3 (5%)
	Will Chubs CEO be nominated for a Medal of Freedom by TSF
	2 (3%)
	Should Chubs next act be managing the Social Security Trust Fund?
	0 (0%)
	This Stinks to High Heaven
	59 (92%)
	3 DU members did not wish to select any of the options provided.
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44 replies

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Chubb seems to think loaning TSF $91M is a "sound investment" [View all] maxrandb Mar 9 OP

I'm not voting but it's their money. If they are dumb jimfields33 Mar 9 #1

Is it their money, or do they have a fiduciary obligation to their shareholders? maxrandb Mar 9 #6

Who ever heard of WHAT place? brooklynite Mar 9 #8

I have USAA. Yours must be regional. jimfields33 Mar 9 #13

Hardly regional MichMan Mar 9 #14

Evan Greenberg is son of late AIG chair Maurice "Mo" Greenberg. Kid Berwyn Mar 9 #22

The poster I replied to had never heard of them, and suggested they were a small regional outfit MichMan Mar 9 #24

Sorry, didn't mean to confuse you or the issue. Kid Berwyn Mar 9 #36

I'm not confused MichMan Mar 9 #38

That's why I posted the father-son nepotistic side of big money. Kid Berwyn Mar 9 #42

Thanks for connecting the dots MichMan Mar 9 #43

No, niche. brooklynite Mar 9 #23

Then if you make a claim you'll be getting money from Russia! Ocelot II Mar 9 #32

Chubb is a frequent underwriter of a lot of PBS shows. Gidney N Cloyd Mar 9 #18

So are the Koch brothers maxrandb Mar 9 #20

My point is that they're well known, not that they're angels. Gidney N Cloyd Mar 9 #21

Considering the CEO was a TRump WH advisor Historic NY Mar 9 #2

If it's morally wrong, you shouldn't do it. Squaredeal Mar 9 #3

They've been in the business for a long time. cloudbase Mar 9 #4

Depends on the interest rate and collateral. Insurance companies are very (very) good at pricing "risk" CincyDem Mar 9 #5

What's to stop them from just forgiving the loan? maxrandb Mar 9 #9

One word: Shareholders NanaCat Mar 9 #12

IMHO, nothing. But that's a separate business decision CincyDem Mar 9 #16

IMO he was already repaid with very valuable information. onecaliberal Mar 9 #26

It's not a loan. It's insurance. Ocelot II Mar 9 #31

Again, it's not a loan, it's insurance. Ocelot II Mar 9 #34

I doubt the cost of getting the surety is anywhere near 15%. onenote Mar 9 #27

Fool.. money... parted... Yada... Yada. n/t Hugin Mar 9 #7

Passing ProfessorGAC Mar 9 #10

Should we call him Chubby? NameAlreadyTaken Mar 9 #11

Assuming trump loses his appeal, it will be fun watching either the government or Chubb going after trump's assets. Silent Type Mar 9 #15

They'll lose their money just as Mike Lindell has lost his money in service to the wannabe dictator. Vinca Mar 9 #17

No, they won't. They wouldn't have written the bond if they thought they would. Ocelot II Mar 9 #29

Chubb probably has a very heavy collateral contract. keithbvadu2 Mar 9 #19

Not voting, but it is virtually certain that Chubb will not lose money on this surety. onenote Mar 9 #25

These threads are driving me nuts - some people still seem to think an appeal bond is a bad thing - Ocelot II Mar 9 #37

It isn't a loan. It's insurance. Doesn't anybody understand how this works? Ocelot II Mar 9 #28

Can't confuse people with logic when it disputes their agenda MichMan Mar 9 #33

"Doesn't anybody understand how this works?" Zeitghost Mar 9 #41

Yeah, but Diraven Mar 9 #44

A fool and it's money are soon parted RainCaster Mar 9 #30

It's out of his hands once the bond is issued. Carroll gets her money Ocelot II Mar 9 #35

Moreover, if, heaven forbid, Trump prevailed in his appeal, Chubb gets to keep the premiums it received and Trump onenote Mar 9 #39

If he thinks Dump will pay him back, he's an idiot sakabatou Mar 9 #40