Trump National Finance Chair a Clinton, Obama and Schumer Donor

Posted by on May 05, 2016 at 1:57 pm

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.

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2 Responses to “Trump National Finance Chair a Clinton, Obama and Schumer Donor”

  1. Jerryskids on 6/06/16 at 2:38 am

    Anybody else doing something as stone cold tone-deaf as hiring a former Goldman-Sachs partner as a finance chair and heads would be exploding – with Trump, it just adds to his legend as a two-fisted he-man doing-it-my-way kind of superhero. Just mind-boggling how invested in their Dear Leader and his cult of personality these people are that they’ll not only overlook such a clear connection to the very corrupt insiders Trump is building his success on railing against, they’ll applaud his savvy for doing it. And I thought the Obambots were bad; the Trumpalos are a whole new level. I had some hopes of at least enjoying a little schadenfreude when the rubes figured out how badly they’ve been conned by this fraud, but, nope, they’re the sort that are going to insist right to the bitter end that the snake oil Trump sold them really is an effective magical potion. God bless America.