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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNBCnews: 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. Todays 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
malaise
(268,998 posts)1. I remember when this scandal was all over DU
Manafort should be charged again
TexasBushwhacker
(20,190 posts)2. I hope he gets the full 30 years
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
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. Todays verdict sends the message that corruption at the highest levels of federally regulated financial institutions will be prosecuted by this office.