And it begins:
Banker Accused of Arranging $16 Million in Loans to Manafort to Gain High-Level Trump Post
William K. Rashbaum and Benjamin Weiser 1 hr ago
The chairman of a Chicago bank has been indicted in Manhattan on a charge that he issued millions of dollars in high-risk loans to President Trump’s former campaign chairman, Paul Manafort, in an effort to obtain a senior position in the administration, federal authorities said on Thursday.
Prosecutors said the chairman, Stephen M. Calk of Federal Savings Bank, pushed the bank to give Mr. Manafort $16 million in loans in 2016 in exchange for help in procuring an appointment. Just after the election, Mr. Calk, 54, had sent Mr. Manafort a list of 10 positions he wanted, including Treasury secretary, commerce secretary and defense secretary, according to the indictment unsealed in Federal District Court.
At the time, Mr. Manafort was trying to stave off foreclosure on several properties and desperately needed capital, the indictment said.
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