04-02-2024, 07:45 PM
jonny wrote:
[quote=Tiangou]
[quote=jonny]
Will someone explain something to me… If Trump posted all cash collateral for the bond, why didn't he just pay the bond himself? With cash?
It's disinformation. He did not put up any cash.
Hankey was trying to create a false equivalence between "cash" and "securities."
https://www.cnn.com/2024/04/02/investing...index.html
I stand corrected. It's just a case of a billionaire banker who can't recall basic facts about a $200 million bond he just posted yesterday.
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.
N-OS X-tasy! wrote:
So, money laundering it is, then.
Probably came from his PAC and the RNC taking out huge loans.