:moneybag:Trump has avoided financial disaster by posting a $175 million bond.
:shield:The bond prevents the New York attorney general from seizing Trump's assets during the appeal process.
:billionaire:Don Hankey, a billionaire with expertise in lending, played a key role in helping Trump secure the bond.
:chart_with_upwards_trend:The bond limits Trump's ability to grow or expand his business.
:warning:The bond is a financial risk for Trump, as his cash is now tied up in bond agreements.
How did Trump secure the $175 million bond?
—Trump secured the bond with the help of Knight Specialty Insurance Company, owned by billionaire Don Hankey.
What does the bond mean for Trump's assets?
—The bond prevents the New York attorney general from seizing Trump's assets as he appeals the ruling in the fraud case.
What is the impact of the bond on Trump's business?
—The bond limits Trump's ability to grow or expand his business, as his cash is now tied up in bond agreements.
Who is Don Hankey and why is he important in this context?
—Don Hankey is a billionaire with expertise in lending, who has played a key role in helping Trump secure financial arrangements in the past.
What are the risks associated with the bond for Trump?
—The bond poses a financial risk for Trump, as his cash is now tied up and limits his financial flexibility.
00:00In breaking news, Trump has secured a $175 million bond amid his financial crisis.
00:24The bond prevents the New York attorney general from seizing Trump's assets.
01:25The bond was secured with the help of Knight Specialty Insurance Company and billionaire Don Hankey.
01:56The bond limits Trump's ability to grow or expand his business.
02:41The bond poses a financial risk for Trump, as his cash is now tied up in bond agreements.
