Jul
25

Behind Manafort’s Loans, a Chopper Pilot Who Flew Into Trump’s Orbit

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  • Chicago banker says Vector Group gave seven-figure infusion
  • Trump described Vector CEO Howard Lorber as one of best pals

He is, by Wall Street standards, a small-time banker.

But in 2014, with Donald Trump eyeing a run at the White House, Stephen Calk stepped into the big-money world of New York real estate — and a network of Trump associates.

Doors opened for Calk, who was named to Trump’s economic advisory panel and whose bank loaned millions to entities tied to Trump’s one-time campaign manager, Paul Manafort. The Federal Savings Bank, where Calk is founder, chairman and chief executive officer, also got a “seven-figure” investment from a firm run by one of Trump’s closest friends, Howard Lorber, according to court testimony not previously reported…

Behind Manafort’s Loans, a Chopper Pilot Who Flew Into Trump’s Orbit

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