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Ted Cruz Didn’t Disclose Loan From Goldman Sachs for His First Senate Campaign
New York Times ^ | January 13, 2016 | Mike McIntire

Posted on 01/13/2016 3:50:20 PM PST by Alter Kaker

click here to read article


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To: Stentor

LOL!


141 posted on 01/13/2016 5:25:39 PM PST by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
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To: Hoodat

Exactly right. If he were to become the nominee, thirty seconds later the bombardment would begin.

“Mr. Trump, you’re representing conservatives, but what do you say about your past (insert progressive stance/view/statement here)?”

And there’s an endless wealth of material.


142 posted on 01/13/2016 5:28:32 PM PST by CatherineofAragon ("Ted Cruz is the type of guy to swim across a moat with a knife in his teeth. He knows how to fight")
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To: Alter Kaker
Who gives a crap?

The guy got a LOAN, someone thought he was good for it.

Again, not a crime.

The NY Slimes is full of garbage.

Just like the whiners about Trump trying to hire seventy foreign workers at a hotel earlier this year...all legal, all above board.

Hitlery is a murderess, Hussein turns his back on the American people, and the NY Slimes doesn't give a damn.

Cruz get a loan, and I'm supposed to think it is a scandal?

Shove it.

143 posted on 01/13/2016 5:28:54 PM PST by SoFloFreeper (Obama hates the three Cs: Christianity, Constitution, and capitalism.)
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To: Hoodat

You said: “Trump did roll personal debt into those bankruptcies.”

Ok....this statement from your link disproves the point you were making....it doesn’t say ““Trump did roll personal debt into those bankruptcies.”

“Worse, $830 million of the debt carried his personal guarantee. Creditors, if they wanted, could force him into personal bankruptcy. “

‘Personal Guarantee’........is not what you stated. The creditors DID agree to the Chap. 11 reorganizations. Trump didn’t lose his personal wealth. And as CEO of ANY company, he was certainly entitled to draw a salary while he reorganized those companies.

Remember, ALL those banker ceos drew off a lot more $$ than Trump was taking from HIS companies.

All bankrupcies are not liquidations.


144 posted on 01/13/2016 5:30:03 PM PST by AuntB (Illegal immigration is simply more "share the wealth" socialism and a CRIME not a race!)
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To: gg188
She's in that revolving door of people going from Goldman Sachs to Federal Government and back and forth.

Not only our government.

145 posted on 01/13/2016 5:35:36 PM PST by Stentor
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To: kik5150
You left out that we ''attack'' him on his Senate record, the very PRO TPA work he did with Paul Ryan, his bizarre votes/ claims as a senator & his flip flopping on all manner of stuff (remember 'Me2Ted'?)- and of course, his religious affiliations, which are- to mainstream Christians, heresy. I'm sure I forgot something, but those will do for now.
146 posted on 01/13/2016 5:36:44 PM PST by KGeorge
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To: pollywog

;)


147 posted on 01/13/2016 5:38:47 PM PST by CatherineofAragon ("Ted Cruz is the type of guy to swim across a moat with a knife in his teeth. He knows how to fight")
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To: exit82

Mrs. Cruz had/has a big job at GS, she probably took a loan against a large bonus that she was expecting.


148 posted on 01/13/2016 5:40:39 PM PST by COUNTrecount (Race Baiting...... "It's What's For Breakfast")
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To: AuntB

I don’t put much stock in comments from a person who said that Trump’s opposition is based on “religious crap.”


149 posted on 01/13/2016 5:40:41 PM PST by CatherineofAragon ("Ted Cruz is the type of guy to swim across a moat with a knife in his teeth. He knows how to fight")
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To: dschapin

It is when it was not disclosed.


150 posted on 01/13/2016 5:44:00 PM PST by PghBaldy (12/14 - 930am -rampage begins... 12/15 - 1030am - Obama's advance team scouts photo-op locations.)
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To: CatherineofAragon

Why not let Cruz explain and fight this? I thought he was a fighter with a knife in a moat? Why does he need an old woman protecting him?


151 posted on 01/13/2016 5:45:00 PM PST by Boardwalk
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To: AuntB
"Worse, $830 million of the debt carried his personal guarantee. Creditors, if they wanted, could force him into personal bankruptcy."

So instead of forcing him into personal bankruptcy, they rolled the $830 million into the corporate bankruptcy.

Further along in the article:

But Mr. Trump was fast leaving his troubles behind. In 1995 he cut a deal with banks that wiped out the last of his personal debt.

He paid less than half of the roughly $110 million he owed, according to a person familiar with the matter.


So yes, the article confirms that Donald Trump indeed rolled personal debt into those bankruptcy proceedings.

152 posted on 01/13/2016 5:45:40 PM PST by Hoodat (Article 4, Section 4)
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To: Boardwalk; Cincinatus' Wife
"Haha CW has posted more anti trump articles than everyone at free Republic combined!"

Hey, you gutless coward, I told you once before to ping me when you go behind my back to accuse me of having another Freep identity. Come to think of it, ping her, too.

Cincinatus' Wife, I found out today that you and I are the same person. Reach down there and grab that pen I dropped, would you?

153 posted on 01/13/2016 5:46:21 PM PST by CatherineofAragon ("Ted Cruz is the type of guy to swim across a moat with a knife in his teeth. He knows how to fight")
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To: Boardwalk

I have a feeling you’re old enough to be my mother. You certainly come across as a snappish old granny.

Go eat some rice pudding and you’ll perk up.


154 posted on 01/13/2016 5:47:49 PM PST by CatherineofAragon ("Ted Cruz is the type of guy to swim across a moat with a knife in his teeth. He knows how to fight")
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To: PghBaldy

My understanding is that it was disclosed on the Senate Ethics filings. However, if the article is correct the campaign did make an error in failing to file it with the FEC. However, I think this is more of a mistake on paperwork than any conspiracy by the campaign. Since this loan was fully secured with personal collateral and was given at a normal interest rate.


155 posted on 01/13/2016 5:47:53 PM PST by dschapin
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To: gg188; Stentor
She's in that revolving door of people going from Goldman Sachs to Federal Government and back and forth.

Heidi Cruz has not returned to government since joining Goldman Sachs. She works in the Investment Management Division for the Southwest US.

156 posted on 01/13/2016 5:49:02 PM PST by Hoodat (Article 4, Section 4)
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To: COUNTrecount

The loan was against the assets in the Cruz’s money market account. So, the bank was fully secured - this was just a tool for them to monetize their investments without having to liquidate them immediately.


157 posted on 01/13/2016 5:49:07 PM PST by dschapin
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To: gg188
Ted's wife is WAY up in the globalist/bankster/government-class world. A million to her is chump change. She's in that revolving door of people going from Goldman Sachs to Federal Government and back and forth.

And yet his entire life, Ted has worked for limited government causes, being part of far more events that made actual substantive changes than every talking head on this discussion board combined, and you think your empty impressions of his wife's career magically changes all that he has done, and all that he has spent his lifetime focused on?

None are so blind as those ho will not see.

158 posted on 01/13/2016 5:49:35 PM PST by Teacher317 (We have now sunk to a depth at which restatement of the obvious is the first duty of intelligent men)
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To: dschapin

Why hide it?


159 posted on 01/13/2016 5:52:01 PM PST by Boardwalk
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To: Alter Kaker
Lotta people on this thread think "Wall Street" is evil.

Y'all in good company. "Occupy", Bernie Sanders, DailyKos, and DU think jes' the same thing.....

160 posted on 01/13/2016 5:56:17 PM PST by Eric Pode of Croydon (I wish someone would tell me what "diddy wah diddy" means....)
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