Sunday, November 30, 2025

The company he keeps: Fraudster Donald Trump bonds with fraudster David Gentile

 
Headline:  New York Times, 11/29/2025

President Trump has set free a private equity executive who had served less than two weeks of a seven-year sentence for his role in what prosecutors described as a $1.6 billion scheme that defrauded thousands of victims. [emphasis added]
David Gentile, 59, a onetime resident of Nassau County, N.Y., had reported to prison on Nov. 14, and was released on Wednesday, according to Bureau of Prisons records and a White House official who was not authorized to discuss the matter. 
Mr. Gentile and a co-defendant, Jeffry Schneider, were convicted in August 2024 of securities and wire fraud charges, and sentenced in May. Unlike a pardon, the commutation granted to Mr. Gentile will not erase his conviction. 
Mr. Schneider, who was sentenced to six years, does not appear to have received clemency from Mr. Trump. In a social media post on Thanksgiving,\ 
Alice Marie Johnson, Mr. Trump’s “pardon czar,” said she was “deeply grateful to see David Gentile heading home to his young children.”

Gee, Alice, I wonder how Gentile's 1000s of victims feel. 

Vogel also notes that...

It was not immediately clear whether Mr. Gentile had connections to Mr. Trump or to the president’s supporters.

Considering the fact that Mr. Gentile was set free and his partner in crime Mr. Schneider was not, I'd say reporters have lots more digging to do.

Other company Trump keeps:

2024

Drain the D. C. swamp? Au contraire. Trump has filled it to overflowing

 
Headline:  New York Times, 
Sacks photo credit:  Wikipedia (drained of color)

Cecilia Kang, Tripp Mickle, Ryan Mac, David Yaffe-Bellany, and Theodore Schleifer report:
“The guest of honor was President Trump, who unveiled an A.I. Action Plan” that was drafted in part by Mr. Sacks, a longtime venture capitalist. In a nearly hourlong speech, Mr. Trump declared that A.I. was “one of the most important technological revolutions in the history of the world.” Then he picked up his pen and signed executive orders to fast-track the industry. 
Almost everyone in the high-powered audience — which included the chief executives of the chipmakers Nvidia and AMD, as well as Mr. Sacks’s tech friends, colleagues and business partners — were poised to profit from Mr. Trump’s directives. [emphasis added]

Related posts:
2025

GET ME REWRITE: Thanks to Donald Trump and his swarming squad of swamp rats, 'a lot of bad things are happening'.   (2/21)

2019
And you have failed miserably, Donald Trump.  (12/7)
What is the opposite of 'drain the swamp'?  (1/25)
The latest Donald Trump swamp thing.  (1/18)
What is the opposite of 'drain the swamp'?  (1/15)

2018
The Trump Swamp is full of lobbyist-related critters.  (7/18)
What is the opposite of drain the swamp?  (5/14)
Swamp thing Scott Pruitt and his lobbyist buddy ride the Marrakesh Express.  (5/2)
UPDATE. Dear Coral and Lisa, Analysts? How about 'anti-environment Republican' and 'energy industry shill'?  (4/29)
No drainage here UPDATE: Scott Pruitt fills the swamp a 24/7 gushing hose.  (4/3)

2017
Like a swamp after an extended downpour, Donald Trump's Washington D.C. is flooding.  (11/15)
Siding with Wall Street, GOP continues to fill the swamp.  (10/25)
Trump administration plans to flood the for-profit colleges swamp.  (10/1)
UPDATE. More than 4 months into his presidency, Trump blathers about draining the swamp.  (6/8)
Swamp critter of the Trump administration: Geoffrey Burr, Dept. of Transportation chief of staff.  (6/7)


Personal finance insanity: $50,000 in credit card debt + 21.39% interest rate = deep money pit to crawl out of

 
Headline:  New York Times, 11/27/2025

Juli Fraga and Connie Chang share a cautionary example:
A real estate agent in Englewood, Fla., Ms. Conti usually takes the day after Thanksgiving off from work to shop online with her mother. “We make a pot of coffee, put the shopping channels on and overdo it,” she admitted. 
This year, however, she’s trying not to spend a dime. 
That’s because Ms. Conti has over $50,000 in credit card debt, mostly because of her shopping habit. After spending $800 on Labubu dolls and $500 on Christmas decorations, Ms. Conti sought the help of a therapist.  [emphasis added]
She is now working hard to pay off her debt and change her habits.

Interest rates found at Federal Reserve.