Steve Mnuchin: Corporate Criminal and Beautiful Person (Part I)

In 2005, New York apparel and real estate mogual Joseph Moinian. along with his wife Nazee Moinian, hosted what then was an annual summer weekend for the beautiful people in The Hamptons, New York on Long Island. Business moguls, entertainers, celebrities and politicians all delighted at being on the official invite list. Called, somewhat surprisingly, the uninspiring Hamptons Weekend, the select list was filled with the rich and the powerful. Here is Hillary Clinton at that 2005 gathering at the Moinian’s posh retreat with their hosts:

Here is Hillary speaking to the same gathering:

Here is Matt Lauer enjoying the weekend:

Here we see Jimmy Buffet playing a private show for the fabulous people who gathered together:

Here we see former US Senator from New Jersey Jon Corzine (left). You may recall Senator Corzine was also a veteran CEO of Goldman Sachs in the 1980s who later, during the financial crisis that began in 2008, faced charges from Commodity Futures Trading Commission (CFTC) relating to another company, MF Global, Inc., going bankrupt in 2011. Creditors lost about $1.2 billion in that deal, employees were fired without severance and insider trading charges came about from those at the top, who sold off their shares with alleged pre-knowledge of the looming bankruptcy. All under CEO Jon Corzine’s watch:

The gentleman on the far right is Dune Capital CEO Daniel M. Neidech. He also is a Goldman Sachs veteran.

And here we see yet another Goldman Sachs lifer. In fact, this one is a legacy. His father was a longtime Goldman Sachs guy as well. And that is Steven Mnuchin (right), newly nominated Secretary of the Treasury by President Elect Donald J. Trump, who famously promised during the recent Presidential campaign to “Drain The Swamp”

By the way that is fellow Beautiful Person Jimmy Buffet on the left talking with Mnuchin. The woman is Mnuchin’s former wife Heather, who he divorced in 2014 only to quickly get engaged following their split to actress Louise Linton. The other gentleman in the picture is Robert S. Wisenthal, known for his time with Sony Entertainment and Warner Music.

So, who is this beautiful person, Steven Mnuchin, that Trump has nominated? As mentioned, he was a long time Goldman Sachs man who went to work with them after attending college in the 1980’s and where his father had worked as an executive since the 1950s. He had attended Yale prior to that where, like all the sons of the rich and powerful, he was inducted into the Skull and Bones Secret Society, just like others from powerful families at Yale like George W. Bush and John Kerry.

He left Goldman Sachs in 2002 and by the time of the picture, when he was being a socialite at an elite gathering with the likes of Hillary Clinton, he had just founded a hedge fund company called Dune Capital Management (with Jon Corzine’s pal Neidech). A few years aftger that he would become CEO of OneWest Bank Group, LLC, a bank holding company partly funded by George Soros. While at OneWest, Mnuchin became known thru his bank for aggressively foreclosing on average people having trouble paying their mortgage. Usually unwilling to work with anyone, he became known as The Godfather of Foreclosures. His bank was a literal foreclosure machine. They specialized on foreclosing on elderly mortgage holders who fell a little behind after their spouse died, a practice known as “Widow Foreclosures.” Mnuchin made tens of millions of dollars from this time and the bank collected an incredible amount of capital thru these practices. Mnuchin has also been called famously “The Forest Gump of Foreclosures.”

Later, around the time of his divorce and quick engagement to actress Linton, he became involved with producing Hollywood films. It was thru this industry he has been able to continue his fascination with the famous, celebrities and the beautiful people, just like he was doing over a decade ago at The Hamptons Weekend with Hillary Clinton, Jimmy Buffet and others of the chosen class.

This is part I of a series where we’ll take a closer look at Mnuchin and his many, many questionable career moves and scandals. This is the man Donald Trump has chosen to lead Treasury. This is who he has chosen to fulfill his promise to his voters to Drain The Swamp. This is Donald Trump’s good friend, his campaign finance chairman, who he knew all along he’d put back in charge if he was elected.  And when he is, many of the protections that have been put in place to protect average people will go out the window with him. On January 20th the bells will ring especially joyfully on Wall Street again, because they’ll know with men like Mnuchin in charge again the theft by the beautiful people from the average citizens of this country will have begun in force anew.

Please stay with us as we continue to look in further pieces at this criminal choice by Donald Trump to betray the citizens of this country.