« previous next »
Pages: [1]   Go Down

Author Topic: Manafort won favorable loans in exchange for promoting banker inside Trump campaign: Testimony  (Read 523 times)

0 Members and 1 Guest are viewing this topic.

Offline corbe

  • Hero Member
  • *****
  • Posts: 38,341
Manafort won favorable loans in exchange for promoting banker inside Trump campaign: Testimony
« on: August 11, 2018, 06:32:53 pm »
Manafort won favorable loans in exchange for promoting banker inside Trump campaign: Testimony
 
By Jeff Mordock - The Washington Times - Friday, August 10, 2018

A banker testified Friday that his boss extended risky loans to Paul Manafort because he wanted to earn chits with the Trump campaign, painting a picture of Mr. Manafort financially benefiting from his role with the future president.

Dennis Raico, a senior vice president at Federal Savings Bank in Chicago, said his boss, the bank’s founder and CEO, Stephen Calk pushed approval of $16 million in loans to Mr. Manafort, hoping to curry favor.

Mr. Raico said he was uneasy about the interactions — including one point when Mr. Calk asked him to call Mr. Manafort to find out if Mr. Calk was under consideration for a high post in the new administration. Mr. Calk was angling to become either Treasury secretary or Housing and Urban Development secretary, Mr. Raico said.

“It made me very uncomfortable,” said Mr. Raico, who said he didn’t make the call.

<..snip..>

https://www.washingtontimes.com/news/2018/aug/10/manafort-won-loans-promoting-banker-trump/
Logged
No government in the 12,000 years of modern mankind history has led its people into anything but the history books with a simple lesson, don't let this happen to you.

Offline skeeter

  • Hero Member
  • *****
  • Posts: 26,717
  • Gender: Male
Re: Manafort won favorable loans in exchange for promoting banker inside Trump campaign: Testimony
« Reply #1 on: August 11, 2018, 06:41:00 pm »
The problem with the assertion here is its not clear if there was an agreed upon quid pro quo, nor that Mr Caulk received any benefit and the loans which were ultimately approved after Manafort left the campaign.
« Last Edit: August 11, 2018, 06:42:00 pm by skeeter »
Logged

Offline truth_seeker

  • Hero Member
  • *****
  • Posts: 28,386
  • Gender: Male
  • Common Sense Results Oriented Conservative Veteran
Re: Manafort won favorable loans in exchange for promoting banker inside Trump campaign: Testimony
« Reply #2 on: August 11, 2018, 07:10:37 pm »
Looks nothing like, "collusion" with Russia, on the election.
Logged
"God must love the common man, he made so many of them.�  Abe Lincoln

Offline Frank Cannon

  • Hero Member
  • *****
  • Posts: 26,097
  • Gender: Male
Re: Manafort won favorable loans in exchange for promoting banker inside Trump campaign: Testimony
« Reply #3 on: August 11, 2018, 07:46:23 pm »
A banker testified Friday that his boss extended risky loans to Paul Manafort because he wanted to earn chits with the Trump campaign, painting a picture of Mr. Manafort financially benefiting from his role with the future president.


Once again, this is not illegal. When name dropping becomes illegal the entire economy will shut down.
Logged

Offline Right_in_Virginia

  • Hero Member
  • *****
  • Posts: 79,794
Re: Manafort won favorable loans in exchange for promoting banker inside Trump campaign: Testimony
« Reply #4 on: August 12, 2018, 01:08:40 pm »
Quote from: Frank Cannon on August 11, 2018, 07:46:23 pm
A banker testified Friday that his boss extended risky loans to Paul Manafort because he wanted to earn chits with the Trump campaign, painting a picture of Mr. Manafort financially benefiting from his role with the future president.


Once again, this is not illegal. When name dropping becomes illegal the entire economy will shut down.

 :thumbsup:
Logged
Pages: [1]   Go Up
« previous next »