Banker found guilty of bribery for Manafort bank loans in chase for Trump administration job
Source: CNN
A former Chicago bank executive was found guilty Tuesday of charges alleging he conspired with onetime Donald Trump campaign chairman Paul Manafort to exchange risky bank loans for a high-ranking position in the presidential administration.
Stephen Calk, the former chairman and CEO of The Federal Savings Bank, was found guilty of one count of financial institution bribery and one count of conspiracy to commit financial institution bribery. The charges carry 30 and 5-year maximum prison sentences, respectively.
The jury deliberated for less than two hours over two days.
Read more: https://www.cnn.com/2021/07/13/politics/calk-manafort-trump-administration/index.html?utm_medium=social&utm_source=twCNNp&utm_term=link&utm_content=2021-07-13T16%3A03%3A06
zuul
(14,624 posts)No pardon for you, Calk!
Jack from Charlotte
(2,367 posts)93%. That's for those that go to trial. Most plead guilty and/or do a deal. A similarly high percentage.... in the 90's. Once you're charged by THE FEDS... to quote the movie, Michael Clayton....... "You're so fucked."
And after sentencing, the percentage of sentence you're serving? 90%. Sentenced to 10 years? you're doing at least 9.
leftieNanner
(15,074 posts)Consequences! Finally!
Vinca
(50,248 posts)LetMyPeopleVote
(145,046 posts)This idiot violated his trust with the taxpayers to try to get him a new job. This was a very risky loan that should had never been made
George II
(67,782 posts)bucolic_frolic
(43,111 posts)that soon there will be nothing left to write about. TFG's administration already did it all!
LudwigPastorius
(9,126 posts)Mr.Bill
(24,262 posts)He didn't get the administration job they promised him, did he?
DanieRains
(4,619 posts)He is rich.
The law doesn't work on rich folk.
Talitha
(6,579 posts)GoodRaisin
(8,920 posts)start serving his time. It's ridiculous to allow this greedy pig any more freedom.