@sfleetucker Nope. They dont have the assets

Knight Specialty Insurance Co., is owned by Don Hankey, the so-called "king of subprime car loans."

Hankey is the largest share holder of #Axos bank which already loaned Trump.org over 225 Million for Trump tower and Doral.

so just roll in another $175 for the loans due in 2032

#NYvsTRUMPORG #politics #news

@Kinnison 🤮

The bond was provided by California-based company Knight Insurance. Trump’s collateral to secure the loans was a combination of cash and investment-grade bonds, according to Don Hankey, the chairman of Knight Insurance

#ALIA5 Trump took on more debt he is never going to pay

#NYvsTRUMPORG #politics #news

https://www.forbes.com/sites/zacheverson/2024/04/01/trump-posts-175-million-bond-new-york-civil-fraud-lawsuit/

@Kinnison that's the part I don't understand. 2032? they expect him to live to age 85 and have the assets to pay off that amount? Why anyone would give him a loan is so beyond me. #politics

@CarmenSlamdiego @Kinnison

A billionaire just considers it bad debt write off at some point.

The best lawyers

$175 million bond were "returned for correction" after his lawyers reportedly forgot to attach a financial statement.

#politics #NYvsTRUMPORG #news

https://www.rawstory.com/trump-bond-2667675522/

@Kinnison Forgot? Yeah sure, forgot.

Uh oh

The company that rescued Donald Trump from property seizures in his bank fraud case is potentially overleveraged—and doesn't even meet New York state standards.

#politics #NYvsTRUMPORG

https://www.thedailybeast.com/new-york-ag-questions-if-dollar175-million-bond-insurer-can-save-trump

#NEWs : NY AG Letitia James asks Judge Engoron to REJECT Trump’s $175 million bond

Going to get interesting April 22nd for the Bond hearing

#NYvsTRUMPORG
#politics