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Manafort Was Deep In Debt When He Joined Campaign

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New York Times: “Mr. Manafort’s work running the campaign is the backdrop to his federal bank and tax fraud trial in Northern Virginia. Prosecutors are not addressing that work. But as they present evidence that he was growing desperate for money, the question of why Mr. Manafort, now 69, agreed to an unpaid job for Mr. Trump has become increasingly tantalizing.”

“While his trial is unlikely to reveal the answer, there is evidence that Mr. Manafort saw Mr. Trump’s campaign as a potential loss leader — an upfront freebie that he could use to boost his stature and eventually parlay into more work for foreign clients. After working decades earlier for Bob Dole, George Bush, Ronald Reagan and Gerald Ford, Mr. Manafort viewed the Trump campaign as a chance to return to prominence on the biggest stage in American politics, his associates said.”

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goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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