Kasich worked at Lehman Brothers, but that’s about all Trump’s campaign gets accurate in this ad about his association with the firm. Kasich had no banking experience prior to getting hired by the firm, and he largely played a facilitator role as managing director. He gave strategic financial advice to other companies and generated business by using his contacts in various sectors – not making risky mortgage investments.

Perhaps one could argue that it’s all part of the Lehman operation. But it’s preposterous and simply not credible to say Kasich, as one managing director out of 700, in a firm of 25,000, “helped” the firm “destroy the world economy.”

Four Pinocchios