Discussion: Manafort Lender Steve Calk Indicted For Loan Linked To Trump Cabinet Post Hopes

[eb5]

Curious, anyone know if the Trump transition team used an excel spreadsheet to keep track of all the bribes? My greatest hope is that this admin blows things up to the point that people begin to FULLY understand how freaking seriously the deck is stacked against us little people. Unfortunately the people who own the means of communication are all in on the scheme and protecting their own asses.

[eb5]

@tiowally

It’s also well worth noting that the loan to Manafort amounted to nearly half of the bank’s assets.

Holy crap! I did not know that!!!

[lizzymom]

@tiowally

It’s also well worth noting that the loan to Manafort amounted to nearly half of the bank’s assets.

IIRC same goes for Professional Bank and the loan to Spankee&Spawn.

Who, of course, need no money because they’re so rich they don’t need banks.

[emiliano4]

@sniffit

Seems the GOP is firmly determined to forget that capitalism is an economic system, not a form of government.

I have always felt that the GOP Senate is worse than and more corrupt as any Third-World-Country body of “legislators”. I now realize I was wrong.

The GOP Senate is worse, much worse.

They can do far FAR more harm to this Planet and it isn’t even close.

[chelsea530]

I’d say yes. Posted this last night. Don’t see Calk’s name mentioned in any of the unredacted cases.

Mueller referred 14 criminal cases for outside prosecution

[ralph_vonholst]

In other news from “World of Grift”

Kyle Griffin (kylegriffin1)

[eb5]

@fuadreviez

If you are willing to pay $16 mil to get a Cabinet position, imagine what the perceived ROI must be

THIS. 100% this is the question that needs to be asked of these criminals. Along with “how much did the cabinet position ultimately go for?”

[occamscoin]

@lizzymom

I looked this little bank (Professional Bank) up yesterday when I first heard about this bank and I swear that this membership was listed under Iglesias’s name.

What do you mean by “membership”? Membership in what? They still have him listed as president and CEO.

[darcy]

I didn’t know that. Musta been an easy mark. Guess he really really wanted to be on the Trump A Team.

[occamscoin]

@fuadreviez

If you are willing to pay $16 mil to get a Cabinet position, imagine what the perceived ROI must be.

$16 mil of other people’s money ain’t the same as $16 mil of your own money.

[lizzymom]

Sorry, the appointment to the (presumably prestigious) Miami Branch of the Board of Directors of the Atlanta Federal Reserve Bank.

Said appointment happened shortly after the $11M loan was approved by Professional Bank.

But this prestigious “honor” doesn’t appear on the bank’s “who we are” page (anymore).

[occamscoin]

@eumaies

so is this one of the indictments from the mueller probe? or just something spontaneously investigated and not one of those ~14 sealed indictments?

This is collateral damage from the Mueller probe, but I doubt it was a sealed indictment. They probably handed it off as soon as they finished deposing Calk. Not sure why it was to SDNY instead of Illinois, though.

[occamscoin]

@tiowally

It’s also well worth noting that the loan to Manafort amounted to nearly half of the bank’s assets.

More accurately, half the bank’s reserve. They can loan out (in aggregate) up to 20 times their reserve.

[steviedee111]

@lizzymom

Anybody here know how to use Wayback to see if it’s been wiped off the site in the last day or so

Google will have previous pages under a “cached” status you can click on. Works sometime. I’ve clicked on news article links that lead to a page saying “No longer available” or “not found”, especially for smaller weeklies. Clicking a cached version brings it up.

[surge]

Now, if CNN can put that on their headline page instead of ‘‘Rihana moved to London’’…

[lizzymom]

Thanks – I suspect this is too small and insignificant a site to have been drawn much attention. Of course, that may change now, as there may be a real story there now.

[steviedee111]

@occamscoin

$16 mil of other people’s money ain’t the same as $16 mil of your own money.

I wouldn’t buy a Bentley. But if I had $400,000 of someone else’s money it would be well worth the asking price.

[alabamaken]

The indictment, on the first page, reads “sealed indictment.”

[alabamaken]

Well worth reading the indictment–Calk is barely literate.

His document entitled “Perspective Rolls in the Administration” is a howler.

And I love Manafort’s line to Calk when Calk was having trouble getting the loan approved: “I look to your cleverness . . .”

[lizzymom]

@alabamaken

His document entitled “Perspective Rolls in the Administration” is a howler.

I remember reading his “wish list” when this first hit the headlines some time ago. It was truly Fantasyland.

Don’t remember who actually got roped into giving the poor schmuck an “interview”.

Like I wrote earlier, I could almost feel sorry for the guy because he’s really just so pathetic. He’ll never recover from this one.