The bank CEO who tried to bribe Paul Manafort with $16 million in loans in exchange for a job in the Trump administration has been found guilty in federal court.
Bank CEO Who Made Loans To Paul Manafort Found Guilty Of Bribery
NBC News’s Tom Winter tweeted:
NEW: A federal jury has found Stephen Calk, former CEO of The Federal Savings Bank, guilty of financial institution bribery and conspiracy for approving $16 million in high-risk loans to Paul Manafort in exchange for Manafort's help in getting Calk a job in the Trump admin.
— Tom Winter (@Tom_Winter) July 13, 2021
Rachel Maddow has been covering the story of these suspicious bank loans made to Paul Manafort by the CEO of the Federal Savings Bank in Chicago, Illinois, Stephen Calk, for years. Calk wanted a cabinet position in the Trump administration, and he tried to get it by approving loans that should have never been approved for Paul Manafort.
The Ripple Effects From Trump Crime And Corruption Continue
Calk is unlikely to be the last person connected to the Trump campaign and administration crime and corruption. It has been five years and people are still going to prison for criminal activity connected to members of the 2016 Trump campaign.
It is not just Trump and the Trump Organization or the Giuliani, Flynn, and Manafort types who make up the web of Trump adjacent criminality. There are people who will be facing legal consequences of their decisions for years to come because they associated with Trump and his gang.
Mr. Easley is the managing editor. He is also a White House Press Pool and a Congressional correspondent for PoliticusUSA. Jason has a Bachelor’s Degree in Political Science. His graduate work focused on public policy, with a specialization in social reform movements.
Awards and Professional Memberships
Member of the Society of Professional Journalists and The American Political Science Association