Investigations in New York State of Trump and Related

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Azastan
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Re: Investigations in New York State of Trump and Related

#476

Post by Azastan » Thu May 23, 2019 2:36 pm

Volkonski wrote:
Thu May 23, 2019 10:13 am
Zoe Tillman

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New: Stephen Calk has been charged with using his position as the CEO of a bank to grant $16M in loans to Paul Manafort in exchange for trying to get a job with the Trump administration — the charging docs don't name Manafort, but it's him https://assets.documentcloud.org/docume ... ctment.pdf
Oh my...I just read the indictment. That is one juicy document.

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Addie
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Re: Investigations in New York State of Trump and Related

#477

Post by Addie » Thu May 23, 2019 2:36 pm

Cross-Posting
Justice.gov/usao-sdny - press release: Bank CEO Stephen M. Calk Charged With Corruptly Soliciting A Presidential Administration Position In Exchange For Approving $16 Million In Loans ...

According to the allegations in the Indictment:[1]

CALK, the Bank, and the Borrower

STEPHEN M. CALK is the chairman and chief executive officer of the “Bank,” a federal savings association headquartered in Chicago, Illinois, with an office in New York, New York. The Bank is owned in its entirety by the “Holding Company,” a Chicago-based bank holding company, and CALK is the chairman, chief executive officer, and owner of approximately 67% of the Holding Company.

The “Borrower” was, at all relevant times, a lobbyist and political consultant. Beginning in or about March 2016, the Borrower held a senior role with a presidential campaign (the “Presidential Campaign”), and from June 2016 through August 2016, he served as chairman of the Presidential Campaign. After the Borrower’s formal role with the Presidential Campaign concluded in or about August 2016, the Borrower continued to be informally involved in the campaign. Beginning in or about November 2016, when the candidate for whom the Borrower had been working was elected President of the United States, the Borrower provided informal input to the presidential transition team (the “Presidential Transition Team”).

The Corrupt Scheme

Between in or about July 2016 and January 2017, CALK engaged in a corrupt scheme to exploit his position as the head of the Bank and the Holding Company in an effort to secure a valuable personal benefit for himself, namely, the Borrower’s assistance in obtaining for CALK a senior position in the presidential administration. During this time period, the Borrower sought millions of dollars in loans from the Bank. CALK understood that the Borrower urgently needed these loans in order to terminate or avoid foreclosure proceedings on multiple properties owned by the Borrower and the Borrower’s family. Further, CALK believed that the Borrower could use his influence with the Presidential Transition Team to assist CALK in obtaining a senior administration position.

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Volkonski
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Re: Investigations in New York State of Trump and Related

#478

Post by Volkonski » Thu May 23, 2019 3:29 pm

So, would that banker in Florida that loaned Trump money and then got appointed to the Federal Reserve have done something similarly illegal?
Image“If everyone fought for their own convictions there would be no war.”
― Leo Tolstoy, War and Peace

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Addie
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Re: Investigations in New York State of Trump and Related

#479

Post by Addie » Sat May 25, 2019 9:06 am

Cross-posting

HuffPo
U.S. Government Moves To Take Paul Manafort’s Trump Tower Apartment

The former Trump campaign chairman was convicted of tax evasion and conspiracy to obstruct justice.


The U.S. government has formally moved to seize control of the Trump Tower apartment of Paul Manafort, a convicted felon and former Trump campaign chairman, according to court filings on Friday obtained by HuffPost.

As part of a plea deal with special counsel Robert Mueller, Manafort was forced to forfeit five of his New York properties to the government, including an apartment in Trump Tower, all totaling an estimated $22 million, The New York Times reported in September 2018.

Manafort, 70, also agreed to give up money in three bank accounts and his life insurance policy. According to Zillow, Manafort’s Trump Tower apartment is estimated at $2.5 million.

Manafort’s criminal trials stem from Mueller’s investigation into Russian election interference and Donald Trump’s 2016 presidential campaign. In a criminal trial in Virginia in August 2018, the former Trump campaign manager was found guilty on five counts of tax fraud, one count of failing to report foreign bank accounts and two counts of bank fraud.

This is a developing story. Please check back for updates.

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Addie
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Re: Investigations in New York State of Trump and Related

#480

Post by Addie » Mon Jul 01, 2019 3:53 pm

Associated Press
Trump lashes out at New York governor, attorney general

NEW YORK (AP) — President Donald Trump lashed out at New York’s governor and attorney general Monday, accusing the Democrats of going after him in a “political Witch Hunt.”

In four tweets, Trump accused Gov. Andrew Cuomo and Attorney General Letitia James of “harassing all of my New York businesses in search of anything at all they can find to make me look as bad as possible.”

“It is very hard and expensive to live in New York. Governor Andrew Cuomo uses his Attorney General as a bludgeoning tool for his own purposes. They sue on everything, always in search of a crime,” Trump said. “So, on top of ridiculously high taxes, my children and companies are spending a fortune on lawyers. No wonder people and businesses are fleeing New York in record numbers!” ...

A James predecessor, Eric Schneiderman, sued the Trump Foundation a year ago last month, alleging it was improperly involved in the president’s political campaign and private business affairs. Her office has continued that suit.

James is also investigating whether Trump exaggerated his wealth to obtain loans. She issued subpoenas to Deutsche Bank and Investors Bank seeking loan applications and other records related to Trump real estate projects and his failed 2014 bid to buy the Buffalo Bills. ...

Asked about the tweets, Cuomo told reporters Trump “says the most absurd things.”

“I have reduced taxes in the State of New York. If he’s complaining about the tax increase, the only tax increase is the Trump tax increase,” Cuomo said, referring to a change in federal tax law that reduced deductions for many New Yorkers.

Cuomo noted that James is an independent elected official, not a gubernatorial appointee.

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Re: Investigations in New York State of Trump and Related

#481

Post by fierceredpanda » Mon Jul 08, 2019 9:31 am

:violin: :violin: :violin:
CNN: Layoffs have started at struggling Deutsche Bank

London (CNN Business) - The layoffs have started at Deutsche Bank as the struggling lender embarks on a dramatic overhaul that will reduce its workforce by 18,000.

CEO Christian Sewing confirmed during a conference call that layoffs had started Monday in Asia. He said Deutsche Bank teams in other parts of the world would also be affected.

Sewing unveiled a restructuring on Sunday that will eliminate roughly one in five jobs at the German bank.

"I am very much aware that in rebuilding our bank, we are making deep cuts," the CEO said in a letter to employees. "I personally greatly regret the impact this will have on some of you."

Deutsche Bank has not given details on which offices will bear the brunt of the downsizing. The bank has said its workforce will shrink to roughly 74,000 employees by 2022.
"There's no play here. There's no angle. There's no champagne room. I'm not a miracle worker, I'm a janitor. The math on this is simple; the smaller the mess, the easier it is for me to clean up." -Michael Clayton

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Re: Investigations in New York State of Trump and Related

#482

Post by RTH10260 » Mon Jul 08, 2019 10:45 am

fierceredpanda wrote:
Mon Jul 08, 2019 9:31 am
:violin: :violin: :violin:
CNN: Layoffs have started at struggling Deutsche Bank
:snippity:
the equities trading division it is scrapping.

in https://www.theguardian.com/business/20 ... aff-london

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Notorial Dissent
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Re: Investigations in New York State of Trump and Related

#483

Post by Notorial Dissent » Mon Jul 08, 2019 11:14 am

I will be very much surprised if Deutsche Bank is not a smoking crater in the very near future. Their mounting financial improprieties are the least of their problems at this point. They are financially down the tubes on what is largely gov't money, they have actively and irrefutably colluded with the Russians to a degree that is still being investigated and is only going to get worse as the investigation progresses. Above and beyond those little peccadillos they have profoundly embarrassed Germany and the German gov't and brought disrepute to the German banking industry. None of those are forgivable. I guess they should be happy they are not in Japan. German former executives in a German prison, not a fun vacation.
The fact that you sincerely and wholeheartedly believe that the “Law of Gravity” is unconstitutional and a violation of your sovereign rights, does not absolve you of adherence to it.

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Addie
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Re: Investigations in New York State of Trump and Related

#484

Post by Addie » Mon Jul 08, 2019 1:15 pm

Cross-posting

NBC News
N.Y. Gov. Cuomo signs bill allowing Congress to access Trump's state tax returns

New York Gov. Andrew Cuomo on Monday signed a bill that would allow certain members of Congress to access President Donald Trump's New York state tax returns.

The bill, which Cuomo had been expected to OK, requires New York officials to release tax returns of public officials that have been requested by "congressional tax-related committees" that have cited "specified and legitimate legislative purpose" in seeking them.

"This bill gives Congress the ability to fulfill its Constitutional responsibilities, strengthen our democratic system and ensure that no one is above the law," Cuomo, a Democrat, said in a statement. "Tax secrecy is paramount — the exception being for bona fide investigative and law enforcement purposes."

The tax bill, which was passed weeks ago by the Democratically controlled state Legislature, makes it easier for New York to turn over the state tax returns of certain public office-holders, along with entities those people control or have a large stake in, that are requested by the leaders of the three congressional tax-writing committees.

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