Jane Sanders, wife of Bernie Sanders under investigation for $10M bank fraud

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FelixDeCat

Lifer
Aug 4, 2000
29,307
2,099
126
Why do people still care about that old Soviet supporter?

You dont get to borrow money from an FDIC insured institution by presenting fraudulent information. Banks use the information you present to them to determine whether or not they will be repaid, even if you default on the loan. If she was the guarantor for an entity that borrowed the money than she is 100% liable for the debt if it defaults, which appears to have happened. The school closed citing the overwhelming burden of the $10,000,000 loan.
 

J.Wilkins

Platinum Member
Jun 5, 2017
2,681
640
91
You dont get to borrow money from an FDIC insured institution by presenting fraudulent information. Banks use the information you present to them to determine whether or not they will be repaid, even if you default on the loan. If she was the guarantor for an entity that borrowed the money than she is 100% liable for the debt if it defaults, which appears to have happened. The school closed citing the overwhelming burden of the $10,000,000 loan.

You don't say?

That is not the point I was making, why do the left care about Bernie and by extension his wife when all they are are old Brezhnev worshippers?
 

WHAMPOM

Diamond Member
Feb 28, 2006
7,628
183
106
Where is the investigation of Trump's defaulted $Billion Dollar Bank loan he received by listing fraudulent assets to build his three money losing Atlantic City casinos?
 

J.Wilkins

Platinum Member
Jun 5, 2017
2,681
640
91
Where is the investigation of Trump's defaulted $Billion Dollar Bank loan he received by listing fraudulent assets to build his three money losing Atlantic City casinos?

Let's finish the other 300 or so investigations first...
 

WHAMPOM

Diamond Member
Feb 28, 2006
7,628
183
106
You dont get to borrow money from an FDIC insured institution by presenting fraudulent information. Banks use the information you present to them to determine whether or not they will be repaid, even if you default on the loan. If she was the guarantor for an entity that borrowed the money than she is 100% liable for the debt if it defaults, which appears to have happened. The school closed citing the overwhelming burden of the $10,000,000 loan.
You seem to have forgotten the past Savings&Loan and home mortgage fiascos involving trillions of lost dollars due to fraudulent information the lenders themselves generated.
 
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