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