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New York - Bank CEO Charged With Trying To Trade Loans For Trump Post

Published on: May 23, 2019 10:51 AM
By: AP
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New York - Federal prosecutors have charged a banker with trying to buy himself a role in President Donald Trump’s administration by making risky loans to former Trump campaign chairman Paul Manafort.

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Stephen M. Calk was arrested Thursday in New York City on a financial institution bribery charge.

He is scheduled to appear in Manhattan federal court in the afternoon.

A message seeking comment was left with his attorney.

Authorities said Calk committed the crime while serving as CEO of The Federal Savings Bank in Chicago.

Federal prosecutors described the charge in a release, saying Calk abused his bank position by approving millions of dollars in high risk loans that were ultimately downgraded.

Prosecutors say Calk wanted to be appointed Secretary of the Army or some other high level post.



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Read Comments (8)  —  Post Yours »

1

 May 23, 2019 at 11:11 AM Anonymous Says:

Drain the swamp. Lock them ALL up.

2

 May 23, 2019 at 11:50 AM Educated Archy Says:

Reply to #1  
Anonymous Says:

Drain the swamp. Lock them ALL up.

That's your fake swamp. its not what Trump ever meant. He meant drain the estbalishment swamp who like to keep status quo and never chalnege anyone.

3

 May 23, 2019 at 01:02 PM Anonymous Says:

Reply to #2  
Educated Archy Says:

That's your fake swamp. its not what Trump ever meant. He meant drain the estbalishment swamp who like to keep status quo and never chalnege anyone.

Educated, there seems to be more crime and corruption in Washington with Trump in office. Cabinet members have left in disgrace while others who have severe conflicts remain. Either Trump surrounds himself with corrupt conflicted people or they are simply attracted to him seeing him as one of their kind.
In his acceptance speech at the convention, he promised to end all crime on day one. Instead he has has brought what appears to be a criminal enterprise to DC with a crime spree in his administration.

4

 May 23, 2019 at 02:45 PM Anonymous Says:

Another piece of rat filth attracted to trump's crooked crime syndicate in DC. Manafart, Cohen, Kushner, Stone and how many other rats stealing? Tax returns anyone?

5

 May 23, 2019 at 03:17 PM Educated Archy Says:

Reply to #3  
Anonymous Says:

Educated, there seems to be more crime and corruption in Washington with Trump in office. Cabinet members have left in disgrace while others who have severe conflicts remain. Either Trump surrounds himself with corrupt conflicted people or they are simply attracted to him seeing him as one of their kind.
In his acceptance speech at the convention, he promised to end all crime on day one. Instead he has has brought what appears to be a criminal enterprise to DC with a crime spree in his administration.

What crime did he promise to end? not these silly piety crimes that don't hurt anyone? He meant to end MS13, and the streets of chicago crime. trust me that's far more crucial than these piety nit picking. these guys are just victims of a Trump whitch hunt by overzealous prosecutors. its all nonsense gottcha crimes.

5

 May 23, 2019 at 03:17 PM Educated Archy Says:

Reply to #4  
Anonymous Says:

Another piece of rat filth attracted to trump's crooked crime syndicate in DC. Manafart, Cohen, Kushner, Stone and how many other rats stealing? Tax returns anyone?

rat filth? for piety bank crimes? you are unhinged

6

 May 23, 2019 at 06:49 PM qazxc Says:

This administration has been the best one money can buy.

7

 May 23, 2019 at 11:47 PM Anon Says:

Reply to #5  
Educated Archy Says:

rat filth? for piety bank crimes? you are unhinged

Rat filth is a euphamism for what he really is. He expected to be Secretary of the US Army for a bribe-loan! He should be shot.

8

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