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triron

(22,003 posts)
Wed Jul 14, 2021, 11:59 AM Jul 2021

NBCnews: Banker convicted of bribery plot trying to obtain position in Trump admin.

https://www.nbcnews.com/politics/justice-department/banker-convicted-bribery-plot-land-trump-administration-job-n1273866

' Stephen Calk, the former CEO of The Federal Savings Bank, was found guilty of financial institution bribery and conspiracy to commit financial institution bribery after a three-week trial in Manhattan.

“Calk used the federally-insured bank he ran as his personal piggybank to try and buy himself prestige and power,” Manhattan U.S. Attorney Audrey Strauss said in a statement. “Today’s verdict sends the message that corruption at the highest levels of federally regulated financial institutions will be prosecuted by this office.” '


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NBCnews: Banker convicted of bribery plot trying to obtain position in Trump admin. (Original Post) triron Jul 2021 OP
I remember when this scandal was all over DU malaise Jul 2021 #1
I hope he gets the full 30 years TexasBushwhacker Jul 2021 #2
It's worse than that malaise Jul 2021 #3

TexasBushwhacker

(20,190 posts)
2. I hope he gets the full 30 years
Wed Jul 14, 2021, 12:03 PM
Jul 2021

If you held up a bank with a gun and stole $16K you would get 30 years in prison. He used his position as a weapon to steal $16 Million.it seems like he deserves 30 years too.

malaise

(268,998 posts)
3. It's worse than that
Wed Jul 14, 2021, 12:10 PM
Jul 2021

“Calk used the federally-insured bank he ran as his personal piggybank to try and buy himself prestige and power,” Manhattan U.S. Attorney Audrey Strauss said in a statement. “Today’s verdict sends the message that corruption at the highest levels of federally regulated financial institutions will be prosecuted by this office.”

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