I don’t know if this story is all that interesting to anyone, but I gotta say, there are some comedy gems in this one:
Hankey, a Trump supporter who made a fortune providing high-interest auto loans to customers with poor credit
And he apparently hasn’t stopped loaning to customers with poor credit!
As former president Donald Trump struggled last month to post a bond for more than $450 million to keep authorities from seizing his properties, California billionaire Don Hankey and his wife, Debbi, started discussing a solution: Hankey’s business could cover it.
Hankey, a Trump supporter who made a fortune providing high-interest auto loans to customers with poor credit, soon reached out to Trump’s team to negotiate a deal that would allow Trump to stay the penalty while he appealed a massive New York civil fraud judgment. But when a court reduced the bond to $175 million last week and Trump said he had the cash to post it himself, the matter seemed moot, Hankey told The Washington Post.
Oh did it?
Then, to his surprise, the Trump team last week revived the talks and asked Hankey if he would back the new amount. Hankey promptly agreed. He said that his company is charging Trump a “modest fee,” which he declined to disclose, and that the arrangement allowed Trump to hold onto his money, adding, “At least he’s getting interest on his collateral.”
Mr. Hankey, you might be a dumbass.
Hankey said the bond, which was provided by one of his companies, a subsidiary of Knight Insurance, was a good business deal, not a political statement.
And apparently you think we are too.
This guy is basically the car loan version of a payday lender. Fuck him and his stupid business. And congratulations to me for getting this far without mention Mr. Hankey the Christmas Poo.