Let’s meet Mr. Hankey… No, not that one, this one, the mug who sold Lord Damp Nut the $175M Amero Bond:
Former President Donald Trump and his co-defendants in his New York civil fraud case on Monday posted a bond of $175 million, following a judge’s ruling that they had for years misrepresented the value of his properties. The bond is underwritten by an insurance company run by a billionaire, who got his start making high-risk, high-interest loans to car buyers with poor credit.
Well, Mr. Hankey found the ultimate bad-faith, bad credit case.
Don Hankey, the executive whose company provided the bond, is a little-known mogul who built his $7.4 billion fortune through car dealerships and providing subprime auto loans, according to Forbes magazine. That makes him richer than Trump, whom Forbes estimates is worth $6.4 billion, including his multibillion stake in the newly public Trump Media & Technology Group.
Hankey, who told The Associated Press he has never met nor spoken with Trump, said his Knight Speciality Insurance company provided both cash and bonds as collateral for Trump’s appellate bond. That bond is now essentially a placeholder that will guarantee payment if the judgment against Trump is upheld on appeal.
“This is what we do at Knight Insurance, and we’re happy to do this for anyone who needs a bond,” Hankey told the wire service.
One hopes Mr. Hankey has business insurance and can absorb being stiffed by this grifter. One also hopes that he has a mob shark’s interest rate as part of his SOP. Remember, #EETD and that includes businesses that help this crook.
Elon Musk Encourages Spread of False War Information #EETD#ElonMusk
“As false information about the rapidly changing war between Gaza Strip militants and Israel proliferated on the social media platform X over the weekend, owner Elon Musk personally recommended that users follow accounts notorious for promoting lies,” the Washington Post reports.
Elon’s great “idea” has been around for decades as the cure for email spam. If this were anyone else, it might stand a small chance. But it’s #Elno. #EETD#Xitter#ElonMuskBoyGenius