The Mystery Of Wilbur Ross' Missing Billions

[HAB911]

snip

When one legislator at the confirmation hearing asked Wilbur Ross how he would ensure that his official actions did not create conflicts of interest, given his vast personal holdings, Ross left little room for criticism. “I intend to be quite scrupulous about recusal and any topic where there is the slightest scintilla of doubt,” he said.

What he left unsaid, however, was that between the November election and January inauguration, he had quietly moved a chunk of assets into trusts for his family members, leaving more than $2 billion off of his financial disclosure report—and therefore out of the public eye. Ross revealed the existence of those assets, and the timing of the transfer, when Forbes asked why his financial disclosure form listed fewer assets than he had previously told the magazine he owned.

https://www.forbes.com/sites/danalexander/2017/10/16/the-mystery-of-wilbur-ross-missing-billions/#6b9107fd1c90

[Ilsa]

1. Trump's followers said that because he and other cabinet officials are rich,

that they couldn't be bought by lobbyists. They don't see that these people have already been bought, and they want to continue selling the benefits powers. Their assets and trusts for themselves and future family members are dependent on keeping the money flowing towards the corporations in which they hold investments. The greed keeps them in the market for the highest bidder.

[PatSeg]

10. What people like Trump supporters

don't realize is that for people like Trump and his cronies, no amount of money is ever enough. It is an addiction that often afflicts the very wealthy much like a compulsive eater or an alcoholic.

[Achilleaze]

2. Is he one of Comrade Casino's golden, gourmet golf buddies?

Lapping up luxuries at taxpayer-expense? Wilbur sounds like he'd pal around with the chisling, quisling republican Draft-Dodger-in-Chief.

[dixiegrrrrl]

12. When Trump casinos went bankrupt, Ross saved Trump's ass.

I don't recall which of several bankrupts this was, had to do with the Atlantic City casinos, Wilbur stepped in and arranged for Trump to have an income while the lengthy bankrupt process was in process.
And loans, of course. It worked out to roughly 400,000 a MONTH.

This was in Tim O'Brien's book on Trump.

[Achilleaze]

13. Skeezy sleazy republican casino values suck

The repubes need to abandon their degenerate "republican family values" and take up American values like honesty, caring, respect, integrity and loyalty not to the frikken evil-empire kremlin, but to the USA.

[Snarkoleptic]

3. As former chairman of the Bank of Cyprus, he laundered huge amounts of Russian money.

So it's no surprise that he's got some oddball issues with funds appearing/disappearing.

[Zoonart]

4. No mystery. He's up to his eyeballs in the Russia scandal too.

blockquote]Wilbur Ross, the Trump administration’s new commerce secretary, presided over a deal with a Russian businessman with ties to Vladimir Putin while serving in his previous role as vice-chairman of the Bank of Cyprus.

The transaction raises questions about Ross’s tenure at the Cypriot bank and his ties to politically connected Russian oligarchs. It comes amid confirmation by the FBI that it is investigating possible collusion between the Trump campaign and Moscow to influence the outcome of the presidential election.

In 2015, while he served as vice-chairman of the Bank of Cyprus, the bank’s Russia-based businesses were sold to a Russian banker and consultant, Artem Avetisyan, who had ties to both the Russian president and Russia’s largest bank, Sberbank. At the time, Sberbank was under US and EU sanctions following Russia’s annexation of Crimea. Avetisyan had earlier been selected by Putin to head a new business branch of the Russian president’s strategic initiative agency, which was tasked with improving business and government ties.

Read more:
https://www.theguardian.com/us-news/2017/mar/23/wilbur-ross-russian-deal-bank-of-cyprus-donald-trump-commerce-secretary

[Maeve]

5. Yep, another one who needs to be taken down

He's in it up to his elbows...and beyond.

[Enoki33]

7. Suspect he will be asked if he had any knowledge of

Manafort’s banking entities in Cyprus. Maybe he already has been.

[Nitram]

6. The Trump administration don't know from ethics.

Who knew it was all optional?

[gopiscrap]

8. Lock him up

no lock ALL of them up!

[mountain grammy]

9. We are all Russians now, corrupt oligarchs running the government

and we've been moving in this direction since 1972.

[Pachamama]

11. Bank of Cyprus and Russia

I suggest that Mueller look there...

There was a reason Wilbur Ross was "Chosen"...and I believe all roads leading back to Bank of Cyprus has some answers along with Russia...