"Billionaire Financier Don Hankey Backs Trump with $175 Million Bond"

1 min read
Source: Bloomberg
"Billionaire Financier Don Hankey Backs Trump with $175 Million Bond"
Photo: Bloomberg
TL;DR

Billionaire Donald Trump supporter Don Hankey, chairman of Knight Specialty Insurance Co., arranged a $175 million appeal bond for Trump in New York state’s civil fraud suit, stating that politics had nothing to do with it. The bond gives Trump a lifeline by putting a $454 million judgment on hold while he appeals.

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