This guy also has a history of bankruptcy filings, so he’s just like Trump.
Donald Trump is moving to set up a more traditional campaign structure by hiring Stephen Mnuchin as a national finance chair for his campaign – but Mnuchin is already drawing scrutiny for a prominent bankruptcy filing and for making donations to Hillary Clinton.
Mnuchin is a wealthy New Yorker who has done business with Trump in the past, according to the campaign.
He spent 17 years at investment firm Goldman Sachs and became a partner there, before setting up Dune Capital investors. Variety pegged his fortune last year as being worth $46 million.
He joined Relativity Media and helped finance Hollywood blockbusters including ‘Avatar’ and ‘X-Men.’
He also helped fund ‘American Sniper,’ ‘Gravity,’ and ‘Life of Pi,’ according to his Bloomberg profile.
But his financial background hasn’t been without controversy. According to a 2015 report in Variety, ‘disgruntled’ investors lost as much as $80 million when Relativity went bankrupt.
A bank Mnuchin once headed, OneWest Bank of Pasadena, was able to drain $50 million from the study weeks before it filed for bankruptcy, according to the report.
‘This is an obvious case of preference,’ an attorney for one creditor told Variety.
Last month a bankruptcy judge signed off on a deal to revive Relativity after wiping away hundreds of millions of its debt.
Mnuchin has lots firsthand experience with campaign contributions – having donated to politicians over decades – usually to Democrats.
He has cut checks to Hillary Clinton, Barack Obama, Sen. Charles Schumer of New York, former North Carolina Senator John Edwards, and former Senate Majority Leader Tom Daschle, according to the Center for Responsive Politics.
But we’re sure he’s a “true conservative” or something. This clown also worked for George Soros, of course.