Billionaire whose firm backed Trump's US$175 million bond reveals how the deal came together

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Don Hankey, the chairman and majority shareholder of Knight Specialty Insurance, said that the deal to underwrite former President Donald Trump's US$175 million bond in N.Y. came together quickly and that Trump posted all cash as collateral.

Don Hankey, the chairman and majority shareholder of Knight Specialty Insurance, said that the deal to underwrite former President Donald Trump's US$175 million bond in N.Y. came together quickly and that Trump posted all cash as collateral.Tesla posted its first year-over-year drop in sales since the first year of the pandemic, as increased electric vehicle competition from Chinese and Western automakers ate into demand.

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