Car loan financier who put up $175m bond for Trump was ‘happy to do it’

2 weeks ago 27

Don Hankey, chairman of Knight Specialty Insurance, says underwriting loan to civil fraud judgment was ‘what we do’

The California auto loan king behind Donald Trump’s $175m bond to stave collections while he appeals a $454m civil fraud judgment has said he was “happy to do it”.

Don Hankey, chairman and majority shareholder of Knight Specialty Insurance, told CNN that his underwriting of Trump’s loan was “what we do”.

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