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 ...
He’s controlling the finances not the policy or the ads.
The US Chamber wont donate to Trump. All these open borders & neocon groups won’t donate to him.
He might get $50,000 from loggers, gun owners of america, $100,00 from the Steel Council, 300,000 from NRA...
That doesn’t mean he is bought by globalists.
oh, good, for a minute I thought he was going to Pick Heidi Cruz! After all, SHE knows all about Goldman Sachs!
The fact that the guy is a democrat donor lends credence to the idea (the ‘conspiracy theory’) that Trump’s plan is to destroy the Republican party from within, and then get Hillary elected.
Now this means Goldman Sachs controls Trump! Oh HOW can I ever support Trump now. I think I’ll write in Yeb!’s name in November.
Somewhat concerning but Trump has said many times that he will hire the best people.
Who is better at dealing with money than some douche bag from Goldman?
Wasn’t it about 15 years ago that this guy worked at GS?
The fact that the guy is a democrat donor lends credence to the idea (the ‘conspiracy theory’) that Trump’s plan is to destroy the Republican party from within, and then get Hillary elected.
The fact that Loser Cruzers continue to refight the primary shows that they prefer the Butcher of Benghazi to Trump and want to get her elected. How principled and conservative of them.
its simple...you need money?..you get a money guy.
At best it is 8 tears.
Trump never actually criticized Goldman Sachs, he merely pounded Cruz on his claims of being a major critic of Goldman Sachs while taking money from them.
That depends on whether he bought the bank for GS before or after 2008.
Why? Most of the Republican elite said they vote for Hillary before Trump. Doesn’t seem to me that Trump needs to do anything.
She actually was just a Managing Director, same as Kasich was at Lehman.
Robert Mnuchin was a legendary partner at GS from 1957-1090. he’s a big art guy now. Steven Mnuchin became a partner at GS in the 1990’s, moving on also - he was the producer of American Sniper and Avatar.
I don’t care what sour grapes Cruzlims think about this. The truth is we have the Mnuchin’s on board the Trump Train. It’s inroads to art, media, movie, finance. You can’t hire the guy with the sunglasses to raise big finance even if he mopped the floor with the Ivy league debater. Further, these are going to be the GOP main money guys, its a new look for the GOP with new venues that DO NOT SUPPORT RADICAL GLOBALISM.
That’s true. The way it was written it sounded like he bought them after they went belly up in 2008. The way journalists say things these days it could very well have been that he bought the bank before it went belly up, and that he was still with Goldman Sachs when he bought the bank in 1999. Good point. Thanks.
What would some of the naysayers prefer - recruit a loan officer from the local credit union?
Mr. Trump is looking to get the job done. Period.
No different than hiring a lawyer — hired gun — will argue and persuade in any direction, depending on who pays.
If he can do the job...
You need to stop this crap. You are doing nothing for any unity! I imagine there are sites that appreciate that but most here don’t.
He’s a friggin’ money runner and by all accounts a very adept one. This is the first step toward running the country like a business, not a country club.
I didn’t see a huge freak out about Heidi Cruz and guess where she worked.
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