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To: spacejunkie2001

I want to know more about his Soros connection.


13 posted on 11/30/2016 2:14:06 PM PST by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money.)
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To: Oldeconomybuyer

“I want to know more about his Soros connection.”

The big connection that I have heard, is that Mnuchin, along with other investors (including Soros), invested money in buying some distressed banks after the financial crisis. Those banks were being sold for pennies on the dollar.

It is not clear to me that they had any other relationship, beyond participating in backing the same deal, when there was a virtual fire sale going on, and lots of people with cash were signing on for a piece.


20 posted on 11/30/2016 2:27:13 PM PST by BeauBo
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