General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhy did Federal Savings Bank Chairman, Steve Calk
want a position as Secretary of Treasury or Housing and Urban Development? Besides the prestige of being a Cabinet member, what power and ability to profit would be derived from this appointment? Any ideas?
"Brennan, who testified under a grand of immunity from prosecution, told the federal court jury that the bank raised serious concerns about Manaforts misstatements of income, credit card delinquency and his failure to disclose existing mortgages on at least two properties as part of his 2016 loan applications.
In addition, Brennan (Vice President Federal Savings Bank) said a member of the banks own credit committee objected to Manaforts application, only to be overruled by Calk, the bank's chief executive officer.
The loans were approved, Brennan testified, because Mr. Calk wanted it to close.
Last week, a former bank official testified that Calk had been in discussions with Manafort about a job, including considerations for a Cabinet post as secretary of the Treasury or Housing and Urban Development."
https://www.usatoday.com/story/news/politics/2018/08/13/paul-manafort-trial-prosecution-rests/981936002/
mahatmakanejeeves
(60,515 posts)lapfog_1
(29,969 posts)your calls to the very rich get returned if you are "former Secretary or former Ambassador X" (especially Sec State and Sec Treasury)
Lee-Lee
(6,324 posts)You will be paid very well just to sit on corporate boards where you show up for meetings a few days a year and make huge money for not much. Same for consulting work, paid speaking work, and on paper only partnerships where your name is listed as part of a business or project just to add prestige or legitimacy to it.
Cracklin Charlie
(12,904 posts)Like, say, a cabinet secretary position could cost millions to obtain, but an ambassador or agency chair could be had for only a few hundred thou.
People so nasty, stankin up our White House with their filthy grifting obcession.
Get out, none of you belong there!