"Trump's $175 Million Bond: The Billionaire Financier's Role Revealed"

TL;DR Summary
Don Hankey, the chairman of Knight Specialty Insurance and a major player in the subprime auto loan industry, underwrote a $175m bond for Donald Trump to delay a $454m civil fraud judgment, stating that he was "happy to do it" and that it was a quick and easy transaction. Hankey, who is worth over $7.4bn, confirmed his support for Trump's past political campaigns and indicated a willingness to support future ones. His company, known for high-interest car loans, has faced scrutiny for deceptive collection tactics, and some financial analysts have expressed concerns about the subprime auto loan industry.
Topics:nation#bond-financing#car-loans#civil-fraud-judgment#donald-trump#finance#subprime-auto-loans
- Car loan financier who put up $175m bond for Trump was ‘happy to do it’ The Guardian US
- Fact check: Trump falsely claims, again, that he had to post bond to appeal civil fraud decision CNN
- From 'practical impossibility' to done deal: How Trump posted the $175 million bond in his civil fraud case Yahoo! Voices
- Billionaire known for high-interest loans to car buyers with poor credit chairs the insurance group that underwrote Trump's $175 million bond Fortune
- Donald Trump Obtains $175 Million Bond in Civil Fraud Case The Wall Street Journal
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Read on The Guardian US