 Dark Money: Ted Cruz Bought His Senate Seat With A Secret Loan From Goldman SachsRepublican presidential candidate Ted Cruz (R-TX) secretly obtained a loan from the big pockets of financial giant Goldman Sachs, which he used to provide a decisive financial edge to his U.S. Senate campaign in 2012.Cruz has previously accused Goldman of being the beneficiary of  crony capitalism,  and said they  they seek out and get special favors from government. The loans obtained by Cruz were not disclosed on forms filed with the federal government.Neither loan appears in reports the Ted Cruz for Senate Committee filed with the Federal Election Commission, in which candidates are required to disclose the source of money they borrow to finance their campaigns. Other campaigns have been investigated and fined for failing to make such disclosures, which are intended to inform voters and prevent candidates from receiving special treatment from lenders. There is no evidence that the Cruzes got a break on their loans.A spokeswoman for Mr. Cruz s presidential campaign, Catherine Frazier, acknowledged that the loan from Goldman Sachs, drawn against the value of the Cruzes  brokerage account, was a source of money for the Senate race. Ms. Frazier added that Mr. Cruz also sold stocks and liquidated savings, but she did not address whether the Citibank loan was used.Cruz is now characterizing the omission of this information as  inadvertent  and a  technical  matter. He went on to say  The facts of the underlying matter have been disclosed for many, many years.  He also told reporters,  All of the information has been public and transparent for many years, and that s the end of that. But the election was over in the fall of 2010, and it is now 2016   a six year gap between when he spent the money and when he finally acknowledged where it came from and how it was used. Cruz failed to amend or update this information for a large sum of money. Considering the candidate s history of playing fast and loose with the truth, there is no independent verification of his claim that the filing was  inadvertent. Cruz s wife Heidi is a managing director at Goldman Sachs in Houston, but is currently on a leave of absence from her job as her husband campaigns for president. When speaking about his wife s career, Cruz omitted the ten years of experience she had at the company.Featured image via FlickrNews
dark money ted cruz bought his senate seat with a secret loan from goldman sachsrepublican presidential candidate ted cruz secretly obtained loan big pockets financial giant goldman sachs used provide decisive financial edge senate campaign previously accused goldman beneficiary irony capitalism said seek get special favors government the loans obtained cruz disclosed forms filed federal loan appears reports ted cruz senate committee filed federal election commission candidates required disclose source money borrow finance campaigns other campaigns investigated fined failing make disclosures intended inform voters prevent candidates receiving special treatment lenders there evidence rules got break spokeswoman cruz presidential campaign catherine fraser acknowledged loan goldman sachs drawn value rules brokerage account source money senate race fraser added cruz also sold stocks liquidated savings address whether citibank loan characterizing omission information inadvertent technical matter he went say the facts underlying matter disclosed many many years he also told reporters all information public transparent many years end but election fall six year gap spent money finally acknowledged came used cruz failed amend update information large sum money considering candidate history playing fast loose truth independent verification claim filing inadvertent cruz wife held managing director goldman sachs houston currently leave absence job husband campaigns president when speaking wife career cruz omitted ten years experience image via flickrnews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT:  Dark Money: Ted Cruz Bought His Senate Seat With A Secret Loan From Goldman SachsRepublican presidential candidate Ted Cruz (R-TX) secretly obtained a loan from the big pockets of financial giant Goldman Sachs, which he used to provide a decisive financial edge to his U.S. Senate campaign in 2012.Cruz has previously accused Goldman of being the beneficiary of  crony capitalism,  and said they  they seek out and get special favors from government. The loans obtained by Cruz were not disclosed on forms filed with the federal government.Neither loan appears in reports the Ted Cruz for Senate Committee filed with the Federal Election Commission, in which candidates are required to disclose the source of money they borrow to finance their campaigns. Other campaigns have been investigated and fined for failing to make such disclosures, which are intended to inform voters and prevent candidates from receiving special treatment from lenders. There is no evidence that the Cruzes got a break on their loans.A spokeswoman for Mr. Cruz s presidential campaign, Catherine Frazier, acknowledged that the loan from Goldman Sachs, drawn against the value of the Cruzes  brokerage account, was a source of money for the Senate race. Ms. Frazier added that Mr. Cruz also sold stocks and liquidated savings, but she did not address whether the Citibank loan was used.Cruz is now characterizing the omission of this information as  inadvertent  and a  technical  matter. He went on to say  The facts of the underlying matter have been disclosed for many, many years.  He also told reporters,  All of the information has been public and transparent for many years, and that s the end of that. But the election was over in the fall of 2010, and it is now 2016   a six year gap between when he spent the money and when he finally acknowledged where it came from and how it was used. Cruz failed to amend or update this information for a large sum of money. Considering the candidate s history of playing fast and loose with the truth, there is no independent verification of his claim that the filing was  inadvertent. Cruz s wife Heidi is a managing director at Goldman Sachs in Houston, but is currently on a leave of absence from her job as her husband campaigns for president. When speaking about his wife s career, Cruz omitted the ten years of experience she had at the company.Featured image via FlickrNews
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: dark money ted cruz bought his senate seat with a secret loan from goldman sachsrepublican presidential candidate ted cruz secretly obtained loan big pockets financial giant goldman sachs used provide decisive financial edge senate campaign previously accused goldman beneficiary irony capitalism said seek get special favors government the loans obtained cruz disclosed forms filed federal loan appears reports ted cruz senate committee filed federal election commission candidates required disclose source money borrow finance campaigns other campaigns investigated fined failing make disclosures intended inform voters prevent candidates receiving special treatment lenders there evidence rules got break spokeswoman cruz presidential campaign catherine fraser acknowledged loan goldman sachs drawn value rules brokerage account source money senate race fraser added cruz also sold stocks liquidated savings address whether citibank loan characterizing omission information inadvertent technical matter he went say the facts underlying matter disclosed many many years he also told reporters all information public transparent many years end but election fall six year gap spent money finally acknowledged came used cruz failed amend update information large sum money considering candidate history playing fast loose truth independent verification claim filing inadvertent cruz wife held managing director goldman sachs houston currently leave absence job husband campaigns president when speaking wife career cruz omitted ten years experience image via flickrnews