Posted on 05/06/2016 4:49:36 AM PDT by Milhous
In an oddly ironic twist, today Donald Trump announced that he has picked as chairman of his newly launched fundraising operation none other than a former employee of the bank he has repeatedly criticized in the past, and which he used as a foil to criticize Ted Cruz: Goldman Sachs.
Trump announced that heading up his own personal fundraising operation as national finance chairman will be Steven Mnuchin, a long-time business associate, chairman and CEO of the hedge fund Dune Capital. More importantly, however, he spent 17 years at Goldman Sachs where he was most recently a Partner, having built a fortung of $46 million before launching his own hedge fund.
While employed at Goldman, he purchased the remains of IndyMac Bank (now known as OneWest Bank), the Pasadena, California-based mortgage lender that collapsed in 2008. "Notoriously press-shy, the executive endured 2011 protests on the lawn of his Bel Air mansion by foreclosed homeowners angered at his lender's handling of soured mortgages."
As Zero Hedge readers are familiar, Trump often critized his main competitor Ted Cruz for his links to the bank because of loans used to finance Cruz’s Senate campaign, and because Heidi Cruz was a one-time employee of Goldman. "I know the guys at Goldman Sachs. They have total, total control over him. Just like they have total control over Hillary Clinton,” Trump said in one debate.
(Excerpt) Read more at zerohedge.com ...
So... Goldman Sachs is now okay? Nice turn around, Trump supporters.
sour grapes?
I care about lies, slanders and total misrepresentations to get elected
especially when my guy plays fair and nice, but the slanderer wins
Yeah, I care...
At best it is 8 tears.
The article is from ZeroHedge which means that most of its timeline is inaccurate. He didn't work at Goldman when the group which included his hedge fund Dune Capital Management, George Soros, John Paulson, J. Christopher Flowers and Michael Dell acquired bankrupt IndyMac from FDIC receivership. Mnuchin was named Chairman and CEO of renamed OneWest Bank Group.
Here is the link to condensed version of Steven Mnuchin's business career: Trump Names Former Goldman Partner, Soros Money Manager As Finance Chairman - FR, post #288, 2016 May 05
Well let me see I have been a Freeper since 1998 and it seems you been here since 08 so I obviously predate you by 10 years. I became a member back when FR was an open forum that relished opposing viewpoints and reasoned, polite discussion. Something sorely lacking today in no small part due to Trump supporters following their candidates in your face rhetoric. But don’t feel bad you didn’t start the decline of civility here, that was done by the bushbots, your group has just accelerated it to unimaginable levels. I still hope that once the elections are over many of you(not you specifically) will leave and we can get back to more of the polite, but spirited give and take that made FR a great place to hang out.
I was here as nclady before,forgot my password and was too impatient to wait for it. But that aside time here is not too important as trolls were here early on as well. Nasty discourse came from both sides and some Cruz supporters were the rudest I ever experienced except at Gore protests.
Telling people to leave is Jim Robinson’s job. It is time to support the opponent of Hillary without nasty comments. I sincerely wish you a good day.
I was here as nclady before,forgot my password and was too impatient to wait for it. But that aside time here is not too important as trolls were here early on as well. Nasty discourse came from both sides and some Cruz supporters were the rudest I ever experienced except at Gore protests.
Telling people to leave is Jim Robinson’s job. It is time to support the opponent of Hillary without nasty comments. I sincerely wish you a good day.
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