Bolshevik Bernie and Wife Lawyering Up - 06/24/17
https://flipboard.com/@flipboard/-jane-sanders-lawyers-up/f-07e3f76163%2Fpolitico.com
The article in the June 21 issue of Politico is too long to post here. In summary, apparently the FBI has instituted a bank fraud investigation. While Jane Sanders was president of Burlington College in Vermont, she arranged a huge loan for expanding the college. In doing so, the banks were told that the college had certain assets and pledges for more. It turned out that the amount of collateral was grossly less than stated to the banks. Jane Sanders was fired by the college's trustees in 2011 and the college shortly went bankrupt. If this was done intentionally, vs. a mistake, it could be prison time for bank fraud.
Apparently the investigation was initiated after Donald Trump's Vermont campaign manager wrote a four page letter plus exhibits to the Justice Department.
The article in the June 21 issue of Politico is too long to post here. In summary, apparently the FBI has instituted a bank fraud investigation. While Jane Sanders was president of Burlington College in Vermont, she arranged a huge loan for expanding the college. In doing so, the banks were told that the college had certain assets and pledges for more. It turned out that the amount of collateral was grossly less than stated to the banks. Jane Sanders was fired by the college's trustees in 2011 and the college shortly went bankrupt. If this was done intentionally, vs. a mistake, it could be prison time for bank fraud.
Apparently the investigation was initiated after Donald Trump's Vermont campaign manager wrote a four page letter plus exhibits to the Justice Department.