[Dion]

Originally Posted by photon

People like Trump don't get wealthy by spending their own money.

The latest bond was posted by Knight Specialty Insurance Company who is chaired by Don Hankey, a Trump supporter. He bailed Trump out a few years ago with remortgaging some properties, and has had other financial dealings with Trump's family.

And yeah, on one hand Republicans have been trying to impeach Biden because he's supposedly getting money from others so will be influenced, while Trump openly takes money from others.

At first, Trump planned to post a mix of investment-grade bonds and cash as collateral (80% bonds and 20% cash), Hankey said. Although Knight Specialty received the bonds and approved them, he said they were not posted in the end.

“Ultimately, he put up all cash,” Hankey said, adding that he does not know where the $175 million in cash that Trump posted came from.

https://www.cnn.com/2024/04/02/inves...irm/index.html