John Kasich in Politico.com


On Corporations: FactCheck: Managing Director at Lehman, but not Board member

Trump gave Kasich a Lehman Brothers role he didn't have. Trump went after Kasich's work at Lehman Brothers, the firm whose 2008 bankruptcy almost tipped the world economy over the edge. Trump said Kasich was on the board, and Kasich correctly countered that he never was [saying that he was a "banker"]. He was a managing director in the investment banking division until the company's collapse, however. In Ohio, Kasich's opponents tried to blame him for disastrously tying up some state pension money with Lehman. Kasich said he made some introductions but they never led anywhere.

[OnTheIssues note: Politico.com scores this as an error by Donald Trump, but OnTheIssues would score this as an accurate statement by Trump: both "board member" and "managing director in the investment banking division" are high-level influential positions of responsibility. Kasich's counter that he was simply a "banker" attempts to mislead the public that he was not in a high-level influential position].

Source: Politico.com FactCheck on GOP 2015 CNBC's debate Oct 28, 2015

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