Published on 12 Apr 2024 on The Daily Beast via Yahoo Finance
Trump Bond’s Cayman Connection ‘Stinks to High Heaven’
Photo Illustration by Thomas Levinson/The Daily Beast/Getty
When the questionably leveraged company that rescued Donald Trump with a last-minute $175 million court bond insured itself with its own parent company, it raised concerns about how the company was playing with its finances.
But now, as even more details come out about that parent company—particularly that it’s based in the Cayman Islands, a notorious tax haven—the concerns are just piling up.