by Via Salon, another Goldman Sachs story: Ted Cruz failed to properly disclose Goldman Sachs loans: FEC This has not been a good week for Republican Sen. Ted Cruz of Texas. First he is the butt of a cutting joke by Democratic Sen. Al Franken of Minnesota (who told “USA Today” that “I like Ted Cruz probably more than my colleagues like Ted Cruz, and I hate Ted Cruz”), and now the Federal Election Commission has ruled against him — unanimously, no less. The three Republican FEC members joined the two Democrats to find that Cruz failed to properly account for loans he had received from two banks, Goldman Sachs and Citigroup, during the 2012 election, according to a report by Bloomberg. Cruz borrowed .1 million worth of loans from the banks during his Senate
Topics:
Dan Crawford considers the following as important: politics, Taxes/regulation, US/Global Economics
This could be interesting, too:
Joel Eissenberg writes They’re coming for Social Security
Bill Haskell writes Cannon ball don’t pay no mind . . .
Angry Bear writes Silence of the Lambs . . . Congress
Eric Kramer writes Do Democrats and progressives need a marriage counselor or a divorce lawyer?
Via Salon, another Goldman Sachs story:
Ted Cruz failed to properly disclose Goldman Sachs loans: FEC
This has not been a good week for Republican Sen. Ted Cruz of Texas. First he is the butt of a cutting joke by Democratic Sen. Al Franken of Minnesota (who told “USA Today” that “I like Ted Cruz probably more than my colleagues like Ted Cruz, and I hate Ted Cruz”), and now the Federal Election Commission has ruled against him — unanimously, no less.
The three Republican FEC members joined the two Democrats to find that Cruz failed to properly account for loans he had received from two banks, Goldman Sachs and Citigroup, during the 2012 election, according to a report by Bloomberg. Cruz borrowed $1.1 million worth of loans from the banks during his Senate campaign in Texas, with the FEC determining that Cruz had loaned his campaign $800,000 from Goldman Sachs (where his wife Heidi works) and $264,000 from Citigroup.