Page 2 - Margin Loan News Today

Sacks. >> if they were not filed like they require, our finances are not complicated. we put in the entirety of our savings and taking a margin loan against other assets and those facts are clear and transparent and a technical inadvertent filing error doesnt hurt that at all. >> that means you put up stocks less than that. thats fairly conventional. by the way, i never thought i would be defending ted cruz.

He took out to fund his 2012 campaign. "the new york times" reporting the loan was from goldman sachs where cruzs wife worked at the time. the loan and another from citibank totaled about $1 million before being paid down later that year. when the story broke, it was apparent -- apparently it was news to cruz himself. >> we borrowed against the stocks and assets that we had under ordinary terms. if it was the case that they were not filed exactly as the s.e.c. requires, then well amend the filin...

Latest updates on this topic.

Latest updates on this topic.

Story on senator ted cruzs finances late yesterday. there was apparently news that ted cruz himself, an investigation found that cruz did not report a major loan that was used to fund his 2012 texas primary campaign. the loan was not listed in cruzs campaign finance reports, and discovered in his personal disclosures later filed with the senate. the loan from goldman sachs where cruzs wife heidi works and is currently on leave and another from citibank increased to a maximum of $1 million before...