Banker Calk Waives Conflict of Lawyer
Working With Rep Nadler Probe of Trump
By Matthew
Russell Lee, Exclusive Patreon
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SDNY COURTHOUSE,
Jan 9 – Stephen M. Calk was
indicted in May 2019 for using
The Federal Savings Bank which
he headed to try to get a
position with the Trump
administration, including by
making loans to Paul
Manafort.
On January
9 without notice Calk appeared
in U.S. District Court for the
Southern District of New York
Magistrates Court to answer
questions about his lawyers'
alleged conflicts of interest.
Inner City Press has covered
the issue and was the only
media there. More on Patreon here.
Calk was asked
about his law firm Kramer
Levin having a partner, Barry
Berke, who was selected by
Rep. Jerrold Nadler to work on
the House Judiciary
Committee's oversight
investigation into the Trump
administration.
Calk
said that he understood and
waved the conflict, and a
separate conflict in which his
lawyers at Loeb & Loeb
have also represented The
Federal Savings Bank and its
holding company.
Inner City Press has been
covering this case since the
beginning, including asking
the federal banking regulators
now intent on weakening
the Community Reinvestment Act
about The Federal Savings
Bank's under-performance under
that Act, including under the
Freedom of Information Act
which the OCC's Joseph Otting
is also intent
on undermining.
In terms
of public transparency and
accountability, Inner City
Press is troubled by SDNY
Judge Lorna G. Schofield's
recent order allowing Calk and
the SDNY prosecutors joint
request to redact or seal much
of the information in this
case. There was no notice to
the public or Press. Inner
City Press will have more on
this. More
on Patreon here. The
case is US v. Calk, 19-cr-366
(Schofield).
***
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