GOP: corruption central
Utah’s Chris Cannon got “a little help” for his company from a Nebraska bank president.
The Raw Story‘s John Byrne uncovers another slick dirtbag.
Utah congressman Chris Cannon loaned nearly $100,000 to the president of a Nebraska bank who extended at least $250,000 in credit the following year to the representative’s business venture in the state, RAW STORY has found.
Cannon’s office confirmed that the congressman had extended a loan of between $50,000 and $100,000 to First National Bank of Nebraska president Gary Ruse in September 1996. The following year, the Utah Republican’s kosher beef-packing plant, Premium Beef, received a $250,000 to $500,000 loan from Ruse’s bank.