Jared Kushner, a Trump In-Law and Adviser, Chases a Chinese Deal

[highplainsdem]

Source: NYT

On the night of Nov. 16, a group of executives gathered in a private dining room of the restaurant La Chine at the Waldorf Astoria hotel in Midtown Manhattan. The table was laden with Chinese delicacies and $2,100 bottles of Château Lafite Rothschild. At one end sat Wu Xiaohui, the chairman of the Waldorf’s owner, Anbang Insurance Group, a Chinese financial behemoth with estimated assets of $285 billion and an ownership structure shrouded in mystery. Close by sat Jared Kushner, a major New York real estate investor whose father-in-law, Donald J. Trump, had just been elected president of the United States.

It was a mutually auspicious moment.

Mr. Wu and Mr. Kushner — who is married to Mr. Trump’s daughter Ivanka and is one of his closest advisers — were nearing agreement on a joint venture in Manhattan: the redevelopment of 666 Fifth Avenue, the fading crown jewel of the Kushner family real-estate empire. Anbang, which has close ties to the Chinese state, has seen its aggressive efforts to buy up hotels in the United States slowed amid concerns raised by Obama administration officials who review foreign investments for national security risk.

Now, according to two people with knowledge of the get-together, Mr. Wu toasted Mr. Trump and declared his desire to meet the president-elect, whose ascension, he was sure, would be good for global business.

-snip-

Read more: http://www.nytimes.com/2017/01/07/us/politics/jared-kushner-trump-business.html

[greymattermom]

1. Unlikely that those Chinese delicacies

are Kosher. He claims to be Orthodox, but I don't see it.

[HoneyBadger]

3. Such a weird comment

[karynnj]

6. He may be kosher at home only -- that does not mean he is not an Orthodox Jew, it means that

he is not observant on all things. Not to mention, it is not said what he ate. He could have asked for vegetarian or fish dishes for himself, which could have been what he discretely was given. Even that as it would have been cooked in a non kosher kitchen would not technically be kosher -- but that is a compromise many otherwise kosher Jews make when eating in restaurants.

[elleng]

10. Relevant?

and no reason the delicacies were NOT Kosher.

[Paladin]

2. What's the point of being in a presidential family, if you can't monetize it?

Can you even imagine how the history books are going to read, when attempts are made to describe the wretched excesses of this era? If you're not outraged, you're either not paying attention or you're really, really stupid.

[Bettie]

13. Third option

If you're not outraged, you made a buttload of money off of it too!

Not a large group, but there will be some.

[Paladin]

14. Good point. (nt)

[HoneyBadger]

4. Waldorf is closing for 2 years, guess Wu needs another project

[Achilleaze]

5. The Elite Republican Upper Class dines on delicacies and champagne while

moving forward with plans to shaft the Dumb Republican SuckerClass that thought they would actually "Make America Great" rather than "Make Rich Republicans Richer."

[Angry Dragon]

7. America Trump ...........

[heaven05]

8. sad

we retired, working, wounded vets, struggling people are in for real bad times at the hands of these uber rich robber barons who only want more and more from 'the little people'. AmeriKKKans who voted for this family are stupid fools with no capacity to reason correctly. AmeriKKKa has millions like them. We are now a nation with third rate leadership or none, with nuclear weapons and drones at those 3rd rate leaders command. Really scary

[turbinetree]

9. Ownership

http://modernfarmer.com/2013/09/owns-us-agricultural-land/

http://www.cnbc.com/2015/06/22/wealthy-foreigners-bought-100-billion-in-us-real-estate.html



While the "trump" con team tries to hire "people" that threw people out in the streets

[2naSalit]

11. I'll have to hint for it now but

I saw an article this morning claiming that Wall street investors are freaking out about the amount of foreign $$ flowing into the NYSE. I suspect it's coming from the coffers of you-know-who in order to schlep up all stock possible.. and this is how it will be taking place out in the open while we watch, handcuffed to our work stations.

[elleng]

12. by Robert Reich:

Egads! We’re not only dealing with Trump’s own conflicts of interest but also his family’s. Jared Kushner – Trump’s son-in-law -- is now deeply involved in steering Trump policy, deciding on appointments, and intermediating between foreign leaders and Trump. And he is on the way into the Trump White House.
But Kushner’s multi-billion-dollar real estate business is backed by foreign money and by big banks, especially Goldman Sachs. According to today's New York Times:
1. Kushner was instrumental in getting Trump to appoint Goldman Sachs president, Gary D. Cohn, as his chief economic adviser.
2. Kushner has received multiple loans from Israel’s largest bank, Bank Hapoalim – now under a Justice Department investigation into allegations that it helped wealthy Americans evade taxes.
3. Kushner is also a major borrower from Deutsche Bank, which recently reached a $7.2 billion settlement with the Justice Department over its sale of toxic mortgage securities, and remains under investigation over allegations that it disguised trades that helped Russian clients move money offshore.
4. When the Chinese ambassador to the United States called the White House in early December expressing concern that Trump spoke by phone with the president of Taiwan, the call was relayed to Kushner. At the same time, Kushner has been negotiating with Wu Xiaohui -- the chairman of China’s giant Anbang Insurance Group, with estimated assets of $285 billion and close ties to the Chinese government -- on a joint financial venture in Manhattan.
5. Several of Kushner’s foreign investors are beneficiaries of a federal program that grants two-year visas and a path to permanent residency in exchange for investments of $500,000. The program is popular with real estate developers as a cheap source of financing. But the U.S. Government Accountability Office has issued several reports raising concerns about the program’s insufficient background checks and lax safeguards against illicit financing.
How will Americans ever know whether the Trump White House is acting in the interests of America or in its own financial interests?
What do you think?

https://www.facebook.com/RBReich/?hc_ref=NEWSFEED&fref=nf

[badhair77]

15. So Jared is hanging with the Chinese

and DJT is BFF with the Russians - is there room for any Americans in the Trump Organization and Kushner company? These guys must owe a load of money thru other governments.