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Politics : The Donald Trump Presidency
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From: Elroy Jetson5/10/2016 9:02:43 PM
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Goldman Sach alum Steven Mnuchin is going to do a great job helping Trump flush-out millions of homeowners who need to be foreclosed on when he becomes US Treasury Secretary and interest rates rise.

But for now Trump has Steven raising a Billion Dollars from special interest groups, so Trump's election committee can repay Trump the money he has lent to his campaign so far for leasing Trump's jet and other expenses.

Donald Trump told reporters, “Steven Mnuchin is a professional at the highest level with an extensive and very successful financial background." - bloomberg.com

I'm betting by November 3 Trump shows a huuge profit on his election run. Win or lose Trump has a terrific and fantastic future ahead of him in reality television.

Trump's Treasury Secretary nominee, chief fundraiser and Goldman Sachs alum Steven Mnuchin


Trump chose Steven Mnuchin because of his proven track record as the Foreclosure King. Steven purchased Indy Mac with a guarantee from the FDIC which naturally protected him from losses. Then Steven, who's a terrific businessman Trump has long admired, authorized the use of falsified documents with robo-signatures to foreclose on home owners. Steven is especially proud of the fact that he refused to comply with all programs which attempted to keep these homeowners in their homes.

Steve Mnuchin and his Dune Capital hedge fund made more than $3 billion in profits on foreclosed homes between 2009 and 2014 on an initial investment of $1.65 billion.

The highlight of Mnuchin's financial career was being able to foreclose on the home of a 103 year old woman in Texas who was had a reverse-mortgage, with no payments due! The farty old lady forgot to pay her home owners insurance bill in time and 30 days later good ol' Steven Mnuchin declared her reverse mortgage in default and foreclosed on her home. Trump has a talent for choosing the best weasel for the job.
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