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Groups file ethics complaints against Carolinas politicians – Pat McCrory and U.S. Rep. Mark Sanford of South Carolina over six-figure stock payouts they received while in office from an online mortgage broker. The complaints followed an Associated Press report.
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Editorial: McCrory defends payout from company in wake of Associated Press story – Sanford got a smaller six-figure payout in a similar fashion in May 2013. The payments and the timing are not in dispute; the mortgage broker defends the payments as common practice in the business.
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Pat McCrory and U.S. Rep. Mark Sanford of South Carolina accepted six-figure stock payouts from an online mortgage broker accused by regulators of deceiving its customers. The two Republicans served.
Now he’s the founder and CEO of the publicly traded discount brokerage, Interactive Brokers. He descends from Hungarian.
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