Drudge Retort: The Other Side of the News
Sunday, November 05, 2017

A trove of 13.4 million leaked documents exposes ties between Russia and a host of western officials, including Donald Trump's billionaire commerce secretary, Wilbur Ross and Canadian Prime Minister Justin Trudeau's main fundraiser.

One of the biggest revelations in the Paradise Papers touch on investments by Ross, Donald Trump's commerce secretary and owner of a shipping company who recorded income of more than $68 million since 2014 from a Russian energy company, which is partly owned by Russian President Vladimir Putin.

Ross ended ties to 80 companies upon joining the Trump cabinet, but continues to own nine companies, including four that tie him to Navigator and its Russian clients.

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Drain the swamp!

#1 | Posted by Doc_Sarvis at 2017-11-05 03:17 PM | Reply

Back in 1990, after a high-profile financial battle, Donald Trump opened his third casino in Atlantic City - the Taj Mahal, dubbed the "eighth wonder of the world".

It didn't go well. Mr Trump financed it with $675m raised through junk bonds at an interest rate of 14%. He struggled to make the payments.

Step in Wilbur Ross. Then at Rothschild Inc, he was representing the angry bondholders but liked Donald Trump's style.

Trump biographer David Cay Johnston said: "Wilbur Ross was a key negotiator in Donald Trump not having to go through bankruptcy and not being swept into the dustbin of history because he saw the value in the Trump name."
Paradise Papers: Commerce chief Wilbur Ross's links with sanctioned Russians
www.bbc.com

#2 | Posted by Doc_Sarvis at 2017-11-05 03:24 PM | Reply

Well, it's clearly time to open multiple investigations into Mrs. Clinton's ties to a trucking company.

#3 | Posted by morris at 2017-11-05 03:50 PM | Reply | Funny: 3

#1 No, this is clearly restoring power to the people.

#4 | Posted by 726 at 2017-11-05 07:28 PM | Reply

I hear he also has a 2nd cousin whose wife's grandfather had a 401k that invested in European holdings, and that Putin had a niece whose husband was the CEO of a lawn-mowing business that also invested in a 401k managed by the same group.

#5 | Posted by MUSTANG at 2017-11-06 07:42 AM | Reply

That was an exceptionally weak deflection Stang. Even for you.

Jeez, with all these administration officials lying and hiding their connections to Russia one has to wonder what has not be uncovered yet. I mean, certainly there is no reason to lie about and hide them if nothing illegal was occurring.

#6 | Posted by 726 at 2017-11-06 01:23 PM | Reply

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