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Here's another Trump cabinet pick with close financial ties to Russia

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In Octobertwo days after the Department of Homeland Security and the Office of the Director of National Intelligence declared that Russia was responsible for hacking Democratic targets to influence the 2016 electionthe Trump campaign zapped out a press release claiming that Hillary Clinton was actually the candidate in the race with "close ties" to Russian leader Vladimir Putin and that she had "sold out American interests to Putin in exchange for political and financial favors." One piece of supposed evidence for this claim was that Viktor Vekselberg, a Russian billionaire oligarch and Putin ally, made a donation, through his company, to the Clinton Foundation.

Vekselberg is one of the richest men in Russia, and he has been a Putin supporter who was placed in charge of a major Russian initiative to bring high-tech business into the countryan effort criticized by some, including the Trump campaign in this press release, as partly designed to swipe advanced technology, sensitive military and civilian research, and other secrets from the United States. (And his company did contribute between $50,000 and $100,000 to the Clinton Foundation, according to the foundation's website.) But even though Trump the candidate asserted that Clinton's association-via-foundation with Vekselberg was a problem and a sign she was too cozy with Putin, Trump the president-elect has welcomed into his administration a businessman with a much tighter and more financially significant relationship with Vekselberg: Wilbur Ross, the billionaire investor who has specialized in distressed assets and who is now Trump's pick for commerce secretary.

For the past two years, Ross has been a business partner with Vekselberg in a major financial project involving the Bank of Cyprus, the country's largest and most significant financial institution. A financial crisis in 2013 led to the bank's collapse and eventual bailout. The bank had held billions in deposits from wealthy Russianssome of it presumably dirty money or funds deposited there to escape Russian taxationand during its restructuring, a large amount of these deposits were converted into shares, giving Russian plutocrats a majority ownership (on paper) of the bank. The idea of Russians gaining control of a European bank unnerved European financial powers. But in the summer of 2014, Ross led a 1 billion euro takeover of the troubled bank in a deal that offered Russian shareholders a buyout. (Ross had previously bought a stake in the Bank of Ireland during an earlier European debt crisisa move that turned out to be profitable.) Still, the Bank of Cyprus would not be freed of Russian influence. Shortly after Ross' deal, the bank announced that Vekselbergs' conglomerate, the Renova Group, had become the bank's second-largest shareholder.

http://www.motherjones.com/politics/2016/12/trump-commerce-pick-wilbur-ross-financial-ties-russians

Let's just give the keys to Putin!!!!

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The Ruskies are out to get us but no one bats an eye at the influence the communist Chinese have in this country including in our government. No one cares that Hillary's campaign was partially funded by the Chinese. The Chinese are a far larger threat to us than Russia but everyone turns a blind eye to them. I'm sick of hearing about how the Ruskies are out to get us and they hacked this and that with no evidence. Someone on Trump's staff did some business in Russia so he must be a Russian spy and Trump takes orders from Putin. It's all delusional butt hurt nonsense.


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The Ruskies are out to get us but no one bats an eye at the influence the communist Chinese have in this country including in our government. No one cares that Hillary's campaign was partially funded by the Chinese. The Chinese are a far larger threat to us than Russia but everyone turns a blind eye to them. I'm sick of hearing about how the Ruskies are out to get us and they hacked this and that with no evidence. Someone on Trump's staff did some business in Russia so he must be a Russian spy and Trump takes orders from Putin. It's all delusional butt hurt nonsense.

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In Octobertwo days after the Department of Homeland Security and the Office of the Director of National Intelligence declared that Russia was responsible for hacking Democratic targets to influence the 2016 electionthe Trump campaign zapped out a press release claiming that Hillary Clinton was actually the candidate in the race with "close ties" to Russian leader Vladimir Putin and that she had "sold out American interests to Putin in exchange for political and financial favors." One piece of supposed evidence for this claim was that Viktor Vekselberg, a Russian billionaire oligarch and Putin ally, made a donation, through his company, to the Clinton Foundation.

Vekselberg is one of the richest men in Russia, and he has been a Putin supporter who was placed in charge of a major Russian initiative to bring high-tech business into the countryan effort criticized by some, including the Trump campaign in this press release, as partly designed to swipe advanced technology, sensitive military and civilian research, and other secrets from the United States. (And his company did contribute between $50,000 and $100,000 to the Clinton Foundation, according to the foundation's website.) But even though Trump the candidate asserted that Clinton's association-via-foundation with Vekselberg was a problem and a sign she was too cozy with Putin, Trump the president-elect has welcomed into his administration a businessman with a much tighter and more financially significant relationship with Vekselberg: Wilbur Ross, the billionaire investor who has specialized in distressed assets and who is now Trump's pick for commerce secretary.

For the past two years, Ross has been a business partner with Vekselberg in a major financial project involving the Bank of Cyprus, the country's largest and most significant financial institution. A financial crisis in 2013 led to the bank's collapse and eventual bailout. The bank had held billions in deposits from wealthy Russianssome of it presumably dirty money or funds deposited there to escape Russian taxationand during its restructuring, a large amount of these deposits were converted into shares, giving Russian plutocrats a majority ownership (on paper) of the bank. The idea of Russians gaining control of a European bank unnerved European financial powers. But in the summer of 2014, Ross led a 1 billion euro takeover of the troubled bank in a deal that offered Russian shareholders a buyout. (Ross had previously bought a stake in the Bank of Ireland during an earlier European debt crisisa move that turned out to be profitable.) Still, the Bank of Cyprus would not be freed of Russian influence. Shortly after Ross' deal, the bank announced that Vekselbergs' conglomerate, the Renova Group, had become the bank's second-largest shareholder.

http://www.motherjones.com/politics/2016/12/trump-commerce-pick-wilbur-ross-financial-ties-russians

Let's just give the keys to Putin!!!!

Mother Jones? Fake News. Just as bad as Inforwars.


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Mother Jones? Fake News. Just as bad as Inforwars.

Very well thought out response .

Gotta love Kremlin apologists.

Hey, why not use the latest buzzwords like "snowflake" and "butt hurt" !!!

@post truth politics.

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Very well thought out response .

Gotta love Kremlin apologists.

Hey, why not use the latest buzzwords like "snowflake" and "butt hurt" !!!

@post truth politics.

Is that a roll of rubles in your pocket..........................??

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Mother Jones? Fake News. Just as bad as Inforwars.

InfoWars? You mean that thing that Donald spends his time enjoying?


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InfoWars? You mean that thing that Donald spends his time enjoying?

mother jones and info wars the same sort of fake news..i just have to keep pinching myself, where are we and what happened to america's friggin brain??

info wars is a place to by dehydrated/canned food for your bunker and supplements for your body to protect you from the effects of obama rays/chemtrails/satan. i just can't..

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