Thursday, July 8, 2010

Answer to a $650 million comment

A few posts ago a comment was left about whether Minnick made written claims of having $650 million. Actually the comment following "If there was $100 million" asked for "a document where Minnick is on record stating his family trust is worth 650 million." So far the only number that was documented was the amount in the Phoenix Magazine article.

Thanks to someone, this blog has a copy of an email written by Minnick. The email addresses of the receivers are blacked out but Minnick clearly wrote it and sent it to others. In it Minnick is explaining that he had to get the attention of two senators to help him move $650 million. The discussion seems to center around the troubled banks and handling a very large sum of money coming into the US. Surely any US bank, even at that time, would have climbed over mountains to get their hands on that type of transaction. Although the banks moved very cautiously, money was moving according to many news stories. It was mostly that banks weren't lending, certainly something could have been figured out. Since that time banks have stabilized and moving that type of money today shouldn't be a problem if you have it. So the question has to be asked: "What happened to the $650 Million since February 2009??"

No comments:

Post a Comment