Around the Net
Cruz Failed To Disclose Goldman Sachs Loan During Senate Bid
- The New York Times, Thursday, January 14, 2016 11:31 AM
Ted and Heidi Cruz decided to liquidate their entire net worth to help fund Cruz’s Senate campaign in 2012. Cruz did not, however, disclose a $750,000 sum that later increased to $1 million, apparently were low-interest loans from Goldman Sachs and Citibank. Heidi Cruz is currently on leave from Goldman Sachs. There’s nothing wrong with the loans; the issue is the failure to disclose them. A spokesperson for the Cruz campaign said that not disclosing the existence of the loans was “inadvertent.”
