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'Bad Credit? No Credit? No Problem!' Guy Posts $175M Bond For Trump, America Great Again

  
Via:  John Russell  •  2 weeks ago  •  23 comments


'Bad Credit? No Credit? No Problem!' Guy Posts $175M Bond For Trump, America Great Again
Donald Trump’s sugar daddy is the Knight Specialty Insurance Group, which is in turn owned by the the Hankey Group, controlled by one “Don Hankey,” who’s known as the “King of Subprime Car Loans.” That sounds like the exact kind of “king” who would extend credit to Donald Trump.

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Some idiot bailed Donald   Trump ’s deadbeat ass out and   posted his $175 million   bond   for his civil fraud judgment in New York.

You know that commercial in your town where they say “BAD CREDIT? NO CREDIT? NOOOOO PROBLEM!” and they promise that everybody gets approved, even if they are a golden retriever without a driver’s license, and that’s how your dog got a Corolla? The guy who posted Donald   Trump ’s   bond   is that guy.

Is he toting Donald   Trump ’s note? OH, IS   THAT   WHAT THE KIDS ARE CALLING IT THESE DAYS?

We are exaggerating, but only a little bit.

Donald   Trump ’s sugar daddy is the Knight Specialty Insurance Group, which is in turn owned by the the Hankey Group, controlled by one “Don Hankey,” who’s   known as   the “King of Subprime Car Loans.” That sounds like the exact kind of “king” who would extend credit to Donald   Trump .

What is   Trump ’s credit score, by the way? What does it say when he logs in to Credit Karma?













MSNBC contributor Lisa Rubin   explains   that Hankey, on top of his subprime car loan kinging and slinging, is “believed” to be the “largest shareholder in Axos Bank.” She explains:


“If Axos sounds familiar, it's because it's the financial institution that refinanced   Trump ’s loans on   Trump   Tower and Doral in 2022. Specifically, Axos has loaned   Trump   $100 million in his refinancing of   Trump   Tower and another $125 million for Doral.”

Okey-doke, well, it’s their money, and if they think Donald   Trump   is a good financial bet, then good for them!

Here is a   Forbes   article   on who Axos is, and why it is still willing to lend to this stupid decomposing loser, long after everybody else has stopped. And   here’s another one   about the internet bank, which appears to be extremely in bed with the   Trump s, Kushners, and shady Republicans in general.

Here’s another one   about the extremely weird financing of the sale of the   Trump   Hotel in DC, which Axos was a big part of, and which refers to Axos as a “suck up bank,” with a chairman who came to Axos in 2007 from IndyMac, which became one of the main characters of the great mortgage crash of 2008, because of how it gave all these “Alt-A” loans to people who couldn’t prove they could pay for them.

Also that last article mentions that Axos bailed   Trump   out and refinanced the mortgage on   Trump   Tower in 2022 literally right after his accounting firm Mazars told him to go eat bags of dicks, citing how it now believed   Trump ’s financial statements to be, in financial terms, dogshit.

We are sensing a possible theme here!

Here is one more paragraph about Axos, from   NBC News:


Axos has teamed up with nonbank lenders on   loans to small businesses   that carried cripplingly high double- and triple-digit effective annual interest rates, loan documents show. The bank has also specialized in loans to foreign nationals, internal documents and its website state, and has offered a type of loan that allows borrowers who paid cash for a property to turn around and instantly take money out. Such loans may pose money laundering risks, banking analysts say.

Very cool, very legal, very Mom-and-Pop.

But back to Mr. Hankey!

He says this is a “business decision, but I happen to be a supporter also.” Yes, sir, we see that. He says   Trump   put up all the collateral, in cash:


Hankey could not recall if   Trump   also used   bond s as collateral for the finalized   bond , noting that his company reviewed some of the former president's   bond s, which he said were as "grade-A   bond s, investment grade quality securities."
"We're confident that we have very good collateral," Hankey said.

Make Collateral Great Again!

None of it was Truth Social stock, was it? Because if so, Don, we have   bad news.






Anyway, we are sure it’s fine, and if Mr. Hankey loses his dick on this, we weren’t counting on him to buy   our   Christmas presents.

Trump   was originally supposed to post the full $464 million civil fraud judgment against him in the state of New York as his   bond , lest New York Attorney General Letitia James start collecting   Trump   properties in her knapsack and selling them on Facebook Marketplace. Then the appeals court rolled over like a you-know-what for   Trump   and reduced it to $175 million in response to his whining, and gave him an extra 10 days to come up with it. (Wouldn’t want to treat the world-historical fraud ungently!)

As ABC News reminds us, over 30   bond   companies originally told   Trump   to fuck off when the number was $464 million. But we sure bet Mr. Hankey is a very good business man like   Trump , who knows exactly what he’s doing.

And if he isn’t, then he can learn the hard way that his MAGA king is a conman who isn’t as rich as he says he is, something that’s been self-evident to non-MAGA non-idiots since before   Trump   waddled down that elevator in 2015 and took a squat all over America.

Unless he already knows that and none of this deal is actually predicated on the delusion that   Trump   is a   good bet , LOL shut up and stop asking questions.

[ ABC News   /   NBC News ]


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JohnRussell
Professor Principal
1  seeder  JohnRussell    2 weeks ago

Axos has teamed up with nonbank lenders on    loans to small businesses    that carried cripplingly high double- and triple-digit effective annual interest rates, loan documents show. The bank has also specialized in loans to foreign nationals, internal documents and its website state, and has offered a type of loan that allows borrowers who paid cash for a property to turn around and instantly take money out. Such loans may pose money laundering risks, banking analysts say.

Very cool, very legal, very Mom-and-Pop.

 
 
 
JohnRussell
Professor Principal
1.1  seeder  JohnRussell  replied to  JohnRussell @1    2 weeks ago

Trump and the "king of sub prime car loans" are made for each other. 

 
 
 
Greg Jones
Professor Participates
1.2  Greg Jones  replied to  JohnRussell @1    2 weeks ago

Trump's credit rating is soooo bad, that the banks he supposedly cheated still want his business after this malicious prosecution is settled and overturned.  LOL!  His detractors must be going out of their everloving minds with rage!

 
 
 
Tessylo
Professor Principal
1.2.1  Tessylo  replied to  Greg Jones @1.2    2 weeks ago

That's not true.   This is the only schmuck who would cough up the dough.

 
 
 
Tessylo
Professor Principal
1.3  Tessylo  replied to  JohnRussell @1    2 weeks ago

Loan sharks anyone?

 
 
 
Ronin2
Professor Quiet
2  Ronin2    2 weeks ago

Must rub TDS sufferers raw that Trump made bond; and now the appeal can proceed.

Hopefully with an appeals judge that doesn't absurdly undervalue Trump's holdings. Mar-A-Lago for 25 million? Not even at a TDS driven leftist DA fire sale would it ever go for that low.

Unlike Kevin Morris (Who holds stake in Chinese company BHR) magically making 5 million dollars worth of Hunter's owed taxes to the IRS disappear; Trump will need to repay the $175 loan.

Democrats have sunk to new depths in order to get Trump and anyone associated with him.

Laws and Constitution no longer matter. Lawfare dominates rules the day.

 
 
 
Snuffy
Professor Participates
2.1  Snuffy  replied to  Ronin2 @2    2 weeks ago

I would like to be amazed at the level of bullshit being tossed by those afflicted by TDS, but after so many years I cannot say that. But it wasn't a loan, Trump put up cash as collateral against the bond.

Don Hankey, the chairman and majority shareholder of Knight Specialty Insurance, told CNN on Tuesday that the deal to underwrite former President Donald Trump’s  $175 million bond in New York  came together quickly and that Trump posted all cash as collateral. The firm that backed Trump’s $175 million bond reveals how the deal came together | CNN Business

Willing to bet it won't stop those who suffer from continuing to bitch about how bad a credit rating Trump must have or what a poor risk backing him must be. 

 
 
 
Tessylo
Professor Principal
2.1.1  Tessylo  replied to  Snuffy @2.1    2 weeks ago

[deleted][]

 
 
 
Trout Giggles
Professor Principal
3  Trout Giggles    2 weeks ago

Are you sure this isn't a April Fools' joke?

 
 
 
JohnRussell
Professor Principal
3.1  seeder  JohnRussell  replied to  Trout Giggles @3    2 weeks ago

jrSmiley_91_smiley_image.gif

 
 
 
Gsquared
Professor Principal
3.2  Gsquared  replied to  Trout Giggles @3    2 weeks ago

Hey, don't make fun of their Lord and Master.  It always rubs the Trumpist Twitching Sphincter sufferers raw.  You have to have pity for the TTS driven reactionaries.

 
 
 
George
Junior Expert
3.2.1  George  replied to  Gsquared @3.2    2 weeks ago

[]

 
 
 
JohnRussell
Professor Principal
3.2.2  seeder  JohnRussell  replied to  George @3.2.1    2 weeks ago

Trump lets people refer to him as Jesus. 

Why wouldnt he be their "lord and master" ? 

 
 
 
George
Junior Expert
3.2.3  George  replied to  JohnRussell @3.2.2    2 weeks ago

[]

 
 
 
afrayedknot
Junior Quiet
3.2.4  afrayedknot  replied to  George @3.2.1    2 weeks ago
“their Lord and Master

Why is it we only see the TDS suffering fools use this term?”

…and just who is peddling bibles? Two Corinthians? Seen the flags? Heard the words? 

He is an aberration, an abomination, an embarrassment. No amount of effort will ever make it acceptable. 

 
 
 
Tessylo
Professor Principal
3.2.5  Tessylo  replied to  afrayedknot @3.2.4    2 weeks ago

The cult of the MAGA are just hateful.  Straight up evil.

 
 
 
Tessylo
Professor Principal
3.2.6  Tessylo  replied to  Tessylo @3.2.5    2 weeks ago

Like their Lord and Master

 
 
 
JohnRussell
Professor Principal
3.2.7  seeder  JohnRussell  replied to  afrayedknot @3.2.4    2 weeks ago
Vin: (from The Magnificent Seven)

Reminds me of that fella back home who fell off a ten-story building. As he was falling, people on each floor kept hearing him say, "So far, so good." Heh, so far, so good.

=====================

that is MAGA to a tee.  They are headed toward a concrete landing. 

 
 
 
George
Junior Expert
3.2.8  George  replied to  afrayedknot @3.2.4    2 weeks ago

Not a trump fan, he isn't getting my vote anymore than that senile old fool who raped his daughter, But exactly what does any of that have to do with using the term, Their lord and master, or calling the liberals leader their Messiah?

 
 
 
Tessylo
Professor Principal
3.2.9  Tessylo  replied to  George @3.2.8    2 weeks ago

Like the liar former 'president' - no one believes you

 
 
 
Trout Giggles
Professor Principal
3.2.10  Trout Giggles  replied to  George @3.2.8    2 weeks ago

You don't have any proof that Biden "raped" his daughter.

 
 
 
Tessylo
Professor Principal
3.2.11  Tessylo  replied to  Tessylo @3.2.9    2 weeks ago

+ Projection is all you appear to have - the former 'president' is the rapist who raped his daughter at a very young age and other young girls who look like her.

 
 
 
Tessylo
Professor Principal
3.2.12  Tessylo  replied to  George @3.2.3    2 weeks ago

No, apparently not, the cult of the maga show us that all the time.

 
 

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