Scarborough Mocks Cruz on Goldman-Sachs: ‘Banking Laws in Canada Are So Different’
[cRUSH TRANSCRIPT:
BRZEZINSKI: "This time in South Carolina Donald Trump will be front and center. Ted Cruz goes into tonight’s debate having to deal with another issue. An investigation found Cruz did not report a major loan used to fund his 2012 campaign.
SCARBOROUGH: " I’m sure the loan came from a small Texas Vings and loan. He’s a man of the people."
BRZEZINSKI: "It was discovered in his personal disclosures later filed. The loan was from Goldman-Sachs".
[clip starts]
CRUZ: "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 trsparent and a technical inadvertent filing error doesn’t hurt that at all."
[clip ends]
RATTNER: "That means you put up stocks less than that. That’s fairly conventional. By the way, I never thought I would be defending Ted Cruz. Cruz said he was going to put back every net worth in 2012. He seems to have not sold the stocks and borrowed money against them."
SCARBOROUGH: "The thing is, the banking laws in Canada are so different."




