Donald Trump
Out of context: Reply #4864
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- utopian2
$700M coronavirus loan went to company tied to White House
Republican Sen. Jerry Moran, Kansas, asked Treasury Secretary Steven Mnuchin for help. A struggling trucking company in his state was on the brink of collapse and needed government support.
Eager to assist, Mnuchin assured the senator that “we will look at that specific company and see what we can do and get back to you.”
https://www.nytimes.com/2020/08/…
That company, YRC Worldwide, had lost more than $100 million in 2019 and was being sued by the Justice Department over claims it defrauded the federal government for a seven-year period. But six weeks after the hearing, YRC received a bailout from the Treasury Department — a $700 million loan in exchange for a 30% stake in the business. The company’s stock price soared 74%, although it has come down since.
- ugh that article has some really nasty details :)********
- kleptocracyneverscared
- aerodynamic like a prius. pretty much the same sex appeal.AQUTE
- ugh that article has some really nasty details :)