04-02-2024, 02:34 PM
"He also claimed that Mr Trump had put up the collateral in cash."
Obvious BS.
And of course, later...
"Mr Hankey told the network he could not recall whether Mr Trump also used bonds as collateral for the finalised bond but said his firm had carried out a review of the former president’s offering and found “grade-A bonds, investment grade quality securities”.
He never puts up his own cash. He famously stiffs even the restaurants where he dines out.
His real property is already leveraged.
So, what "investment grade quality securities...?"
Did he put up his stock in Truth Social? How much of it?
Obvious BS.
And of course, later...
"Mr Hankey told the network he could not recall whether Mr Trump also used bonds as collateral for the finalised bond but said his firm had carried out a review of the former president’s offering and found “grade-A bonds, investment grade quality securities”.
He never puts up his own cash. He famously stiffs even the restaurants where he dines out.
His real property is already leveraged.
So, what "investment grade quality securities...?"
Did he put up his stock in Truth Social? How much of it?