It’s a flim flam confidence trick here. Cruz reported the GS loans to the Senate as “Personal loans” to him and reported the same exact money to the FEC as “personal loans” from himself to his campaign. Except it wasn’t his money. It was Goldman’s & Citi’s. Deceptive to say the least. Given the motives to distance GS & his “grass roots” campaign against a fat cat like Dewhurt, I’d say Cruz did it intentionally.
Your understanding of financial matters is very lacking.
Where do you think trumps campaign cash is coming from...?
His piggy bank? His money is in his assets. He goes to the bank to get a temporary loan on those assets, or he liquidates assets to get the cash.
That’s what Cruz did. That money he got on a margin loan was his money, not Goldman’s..any more than Trumps loans he may use to finance his campaign belong to the bank. It’s the same...
Nobody, not even the richest guy on the planet has all his wealth in cash. That would be idiocy. It’s all invested.
I’m outahere......This is pointless..