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

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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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    8 Comments
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    ayinglefunadorf
    ayinglefunadorf
    4 years ago

    Drain the swamp. Lock them ALL up.

    hashomer
    hashomer
    4 years ago

    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?

    qazxc
    qazxc
    4 years ago

    This administration has been the best one money can buy.