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Billionaire 'king of subprime car loans' backed Trump's $175M bond
- Bias Rating
48% Medium Conservative
- Reliability
30% ReliableAverage
- Policy Leaning
84% Very Conservative
- Politician Portrayal
-29% Negative
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The A.I. bias rating includes policy and politician portrayal leanings based on the author’s tone found in the article using machine learning. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral.
Sentiments
9% Positive
- Liberal
- Conservative
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Policy Leaning Analysis
Politician Portrayal Analysis
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Medium Conservative
48%
Contributing sentiments towards policy:
65% : I thought his credit was pretty good,' said Hankey, a Trump donor and Trump supporter who says he didn't know the former president personally.58% : If you have real estate it can take months to liquidate the real asset.' He said during initial conversations, he spoke with Trump intermediaries about using real estate as collateral - something he said he was willing to do. '
55% : Asked why Trump didn't simply pay the award himself, he said the transaction allows Trump to collect interest if the $175 million is invested in a money market or other allowable investment vehicle while being held in a trust account pending appeal.
52% : His wife has also donated to Trump.
50% : Hankey is also one of the biggest non-institutional investors in Axos Bank, Bloomberg News reported.
48% : Hankey told Forbes on Monday that he reached out to Trump shortly before the appeals court acted.
47% : Donald Trump paid his $175 million court judgement in his New York fraud case with the assistance of the 'king of subprime car loans' after the billionaire investor made the approach himself. '
46% : The bank loaned Trump $100 million to refinance Trump Tower and another $125 million to refinance his Doral golf course in Florida at a time the fraud trial was putting his assets under the microscope, according to disclosure reports .
42% : A few days later they called back and said, "Would you come back and do the $175 million bond?"' He was referencing a New York appeals court that lowered the amount and gave Trump 10 days to secure a bond, after his lawyers said in a filing it was nearly impossible to obtain underwriting.
40% : Judge Arthur Engoron had issued an order requiring Trump to report on his efforts to obtain bond.
39% : The appeals court gave Trump 10 additional days last month to obtain a bond, something he was able to do on Tuesday while appealing the fraud judgment against him.
38% : Hankey departed from an earlier report that said Trump provided collateral in cash and investment grade bonds.
33% : Hanky had earlier said Trump was using cash and investment grade bonds as collateral.
28% : He said he said he didn't have any concerns about lending to Trump, who declared bankruptcy over his Atlantic City casinos decades ago. '
26% : 'I'd never met Donald Trump.
26% : I have never met Donald Trump, nor talked to him on the phone,' said Hankey.
*Our bias meter rating uses data science including sentiment analysis, machine learning and our proprietary algorithm for determining biases in news articles. Bias scores are on a scale of -100% to 100% with higher negative scores being more liberal and higher positive scores being more conservative, and 0% being neutral. The rating is an independent analysis and is not affiliated nor sponsored by the news source or any other organization.


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