Subprime loan king who posted Trumps 175M bond has long history of shady business practices

Subprime loan king who posted Trumps 175M bond has long history of shady business practices- It remains to be seen how successful Donald Trump will ultimately be in appealing Justice Arthur Engoron’s sanctions in New York State Attorney General Letitia James’ civil fraud case. But for now, he has a financial lifeline while making the appeal: the $175 million bond posted by billionaire Don Hankey, who chairs Knight Specialty Insurance Company. Since the 80-year-old Hankey posted the bond, his history in the business world has drawn a great deal of scrutiny. The New Republic’s Ellie Quinlan Houghtaling, in a biting article published on April 3, stresses that Hankey — who has been…

Source: alternet.org