Posts Tagged ‘proceeds’

Joon H. Kim: Launder Proceeds of Crimes

Posted by admin on Thursday, May 18, 2017

Joon H. Kim Money Quote saying as acting U.S. Attorney for Southern District of New York that Russian money laundering will not be tolerated. Joon H. Kim said:

We will not allow the US financial system to be used to launder proceeds of crimes committed anywhere – here or in Russia
— Joon H. Kim

Chris Coons: Trump Divest Money Interests

Posted by admin on Tuesday, December 27, 2016

Senator Chris Coons of Delaware Quote saying democrats have introduced a bill which insists Trump divest of his financial holdings to avoid risks of conflict of interest as defined by emoluments clause of constitution. Senator Chris Coons of Delaware said:

Congress must act promptly to pass this legislation that will require the President to divest their financial interests and place the proceeds in a blind trust. The presidency is a full-time job with only one client: the American people
— Chris Coons

Elon Musk: Borrow Money for Rent

Posted by admin on Monday, June 6, 2016

Elon Musk Money Quote saying his percentage of the profits from sale of PayPal were invested in his other business ideas. Elon Musk said:

My proceeds from the PayPal acquisition were $180 million. I put $100 million in SpaceX, $70m in Tesla, and $10m in Solar City. I had to borrow money for rent
— Elon Musk

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