Well it appears that the FEC is going to be investigating Cruz’s two loans at Citibank and Goldman Sachs. He has until March 8th to produce documentation showing he did not have signature loans. So hopefully those two loans are fully collateralized or he’s in trouble.
After what transpired in Iowa I’m not convinced Cruz worries too much about election rules.
I retired from a company that used a large securities firm similar to Goldman Sachs for its employees. I automatically had an account with that firm, opened by my employer. The employer changed their security firm, and viola, I had an account with the new firm. These firms automatically granted me loan accounts based to the securities I held there.
What makes you think the Cruz's are any different?