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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region Forums"Smells so bad." Jared cashes in.
"Smells so bad": New report details how Kushner quickly cashed in after leaving Trump White House
Kushner used relationships he cultivated in the White House to quickly raise $2 billion. He wasn't the only one
By JON SKOLNIK
Salon, MAY 23, 2022
Jared Kushner, Donald's Trump son-in-law, and former Treasury Secretary Steve Mnuchin collectively raised $3.5 billion from the Middle East shortly after leaving the Trump administration, presenting potential conflicts of interest given that both men cultivated diplomatic relations with Middle Eastern leaders during their time in government.
According to The New York Times, Mnuchin collected $1.5 billion from the Emiratis, Kuwaitis and Qataris within three months of his exit from the Trump administration. Kushner, a former senior advisor to Trump, likewise raised $2 billion from the Saudi government during a six-month period after his tenure was complete.
The investments, which both men raised for their respective private investment firms, appear to stem from relationships developed while Kushner and Mnuchin were touring around the Middle East to finance the Abraham Fund, a $3 billion fund designed to promote economic cooperation and development between the U.S., the UAE, and Israel. The fund ultimately disintegrated, but shortly after Kushner and Mnuchin left office, "each quickly launched a private fund that in some ways picked up where the Abraham Fund had ended," the Times reported.
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According to the Times, Mnuchin made over eighteen visits to various Persian Gulf monarchies during his tenure as Treasury secretary, developing relationships with Yasir al-Rumayyan, chief of the Saudi fund; Mansoor bin Ibrahim al-Mahmoud; Mansoor bin Ibrahim al-Mahmoud, the head of the Qatar Investment Authority; Sheikh Mohammed bin Zayedm, president of the UAE, and Mohammed bin Salman, the Saudi crown prince.
Kushner, meanwhile, made at least ten trips to the Persian Gulf, reportedly fostering a close partnership with bin Salman, even after the government's agents were accused of killing former Washington Post columnist Jamal Khashoggi.
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https://www.salon.com/2022/05/23/smells-so-bad-new-report-details-how-kushner-quickly-cashed-in-after-leaving/
Same oil. Same oil.
Mr.Bill
(24,282 posts)will probably be bankrupt in two years.
Kid Berwyn
(14,876 posts)The Saudi Investment Fund is normally a professionally managed body that reviews proposed borrowers carefully as any good bank would do. According to a New York Times story about the loan to Kushner, A panel that screens investments for the main Saudi sovereign wealth fund cited concerns about the proposed deal with Mr. Kushners newly formed private equity firm, Affinity Partners, previously undisclosed documents show.
The panel judged that Kushners investment fund lacked management experience. It concluded that the Kingdom held too much investment risk potential for most of the loans. It noted specifically, the inexperience of the Affinity Fund management, the bulk of the investment and risk, due diligence on the fledgling firms operations that found them unsatisfactory in all aspects, a proposed asset management fee that seems excessive, and public relations risks.
Source: https://www.arabamerica.com/saudi-prince-mbs-2-billion-loan-to-trump-son-in-law-jared-kushner-raises-doubts-about-risk-and-legitimacy/
Easy come. Easy go.
Mr.Bill
(24,282 posts)client for the bone saw crew if he doesn't produce.
Strelnikov_
(7,772 posts)Strelnikov_
(7,772 posts)Kid Berwyn
(14,876 posts)Fugitive Chinese tycoon and Steve Bannon ally Guo Wengui pushed out explicit materialand lieson the eve of the 2020 election.
DAN FRIEDMAN
APRIL 7, 2022, Mother Jones:
Late in the 2020 presidential campaign, trailing in the polls, Donald Trump and his allies worked to make a campaign issue out of a trove of files on a laptop that his opponents son, Hunter Biden, had apparently abandoned at a Delaware repair shop. The effort to publicize compromising emails, images, and videos from the device involved prominent Trump confidants including Rudy Giuliani and Steven Bannon. But it also featured an unexpected player: Guo Wengui, a fugitive Chinese tycoon who was working with Bannon to build a small empire of Chinese-language media outlets, nonprofits, and other ventures.
Mother Jones obtained scores of WhatsApp audio messages Guo sent to supporters, along with underlying material from Bidens hard drive that Guos assistant distributed at his behest. Previous reports have noted the role of Guo allies and companies in publicizing sex tapes and other material involving Hunter Biden. But the WhatsApp messages, and sources who were involved in the effort, reveal that Guowho has been accused in lawsuits of fraud and rape and of secretly acting as an agent for the Chinese Communist Partyplayed a larger role than previously known in ensuring that explicit images and videos from the laptop appeared online, and in spreading lies about them. (Guo has denied the allegations made in the lawsuits against him.)
Guo stage-managed an October 2020 effort to disseminate videos and pictures showing Hunter Biden engaged in sex acts and using drugs. After Giuliani, then President Trumps personal lawyer, gave him material from Hunter Bidens laptop, Guo issued detailed instructions to two WhatsApp groups that included dozens of Guos supporters. Guo directed these supporters to package, post, and promote hundreds of explicit images and other material about Biden on websites Guo controlled, people involved in the effort said.
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The Biden files, of course, came not from China but from Giuliani. Three people with knowledge of the efforts to publish the material said they were told Guo got the material from Giuliani, though the sources said it may have been passed along by other intermediaries. Guo then arranged for some of his devoted backers to promote the material from Bidens laptop, to misrepresent what it contained, and to post it on his sites. Guos personal assistant, Yvette Wang, sent the files to those Guo supporters, using Dropbox links, according to WhatsApp messages and a source involved.
Bannon was involved in discussions about publicizing other materials from the laptop, sources said. Bannon boasted in a September 28 interview for a Dutch news show that he had the hard drive of Hunter Biden. About a week later, Bannon, along with Guo, described the material to another Guo ally involved in promoting it. Bannon said they were planning to make a big deal out of it and the whole world would know, this person, who agreed to talk about the effort on the condition of anonymity, said. His feeling was that this would impact the election.
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https://www.motherjones.com/politics/2022/04/hunter-biden-laptop-guo-wengui-bannon-giuliani/
I guess the GOP and its owners forgot the Thou shalt not bear false witness part.
Initech
(100,063 posts)Fuck Fox News!
Kid Berwyn
(14,876 posts)llashram
(6,265 posts)all those trump scum knew that they had 'cashed' in on election night 2016...ALL OF THEM!!! This needs to continue to be put in front of the RW crowd. This withdrawal from the American treasury banks the trump grifters got lucky enough to get is no surprise as to the fact that they withdrew, withdrew, and withdrew from the American treasury? No surprise. They are grifters, always have bee grifters and con artists and now they are very rich grifters at our expense...I hope they choke on their ill-gotten gains
Kid Berwyn
(14,876 posts)U.S.: Investigate Kushner Business Dealings with Mohamed bin Salman
Two Billion Dollar Saudi Government Investment in Kushner Investment Scheme "Affinity Partners" Raises Serious Questions about Conflict of Interest, Corrupt Practices
Democracy for the Arab World Now, April 28, 2022
Excerpt
Kushner and MBS established a close working relationship that included reports that Kushner organized MBS's visit and dinner at the Trump White House in March 2017, followed by Trump's visit to Riyadh. Kushner is reported to have shared confidential national security information about the identities of Saudi nationals who had held meetings with the State Department and Trump administration with MBS, prior to the murder of U.S. resident Jamal Khashoggi and the attempted murder of Saad Aljabri, a former Saudi official who had fled the country in the wake of MBS's deposing of former Crown Prince Mohamed bin Nayef (MBN). Kushner is also reported to have shared confidential U.S. intelligence information with MBS about a plan of MBN's to in turn depose MBS as Crown Prince, immediately after which MBS detained MBN without charge in March 2020. MBN remains detained and has no public communications since then.
Following the murder of Jamal Khashoggi by MBS and his agents on October 3, 2018, Kushner reportedly advised MBS on how to handle the political and public relations fallout from the murder and continued to breach White House rules requiring that National Security Council staff participate in any meetings with foreign government officials in continued private calls with MBS. Speaking to veteran journalist Bob Woodward, President Trump bragged that he "saved his ass" referring to MBS after the murder of Khashoggi. Kushner also reportedly helped orchestrate a $110 billion arms sale to Saudi Arabia, and remained a strong supporter of MBS and continued arms sales to the Kingdom despite two bipartisan Congressional votes to end arms sales for the Kingdom's war in Yemen.
U.S. laws restricting the solicitation of, or employment for, foreign government officials and entities after a federal government employee has left office are woefully inadequate, and there appear to be no laws restricting former officials outside of intelligence agencies from working or doing business for foreign governments.
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https://dawnmena.org/u-s-investigate-kushner-business-dealings-with-mohamed-bin-salman/
After food, the largest slice of pie each year is oil. Thats why all the grifters gravitate toward the Texas Tea.
llashram
(6,265 posts)the link...Interesting and so far informative...
UTUSN
(70,683 posts)Kid Berwyn
(14,876 posts)He told Tucker Carlson the Testicle Tester that he dropped the laptop off at the FBI office in Delaware in October 2020.
What forging, file-manipulating, and evidence-planting ratfucker could ask for more in an honest chain of evidence?
Hortensis
(58,785 posts)these particular "$2B"-type activities being discussed anyway. They obviously should be highly illegal and both men headed for long, long prison terms, but they're not. As long as no "quid pro quo" can be proven, and successfully proving a case to a guilty verdict can be very problematic even when attempted.
Kid Berwyn
(14,876 posts)Maddening. The favors are invisible only in that the wrongdoing is missing from the legal code. Corporate McPravda draws attention to Kourtneys tattoo while people call us radical leftists for noticing that the rich get richer and the poor get poorer while the middle class evaporates.
How Jared might have been paid:
Saudi Prince MBS $2 Billion Loan to Trump Son-in-Law Jared Kushner Raises Doubts about Risk and Legitimacy
By: John Mason / Arab America Contributing Writer
Arab America, MAY 11, 2022
Excerpt
The bottom line may be that, as Kushner served ex-president Trump, he purposely established a personal relationship, perhaps a friendship, with the Saudi Crown Prince. Through that, the Prince indicated that he wanted closer links between Israel and Arab Gulf State leaders. Considering Kushners modern Orthodox Jewish background, this relationship was natural, linking rich Arab countries with the capitalist spirit of Israel. From that emerged the so-called Abraham Accords, which opened diplomatic relations between Israel and other Arab monarchies.
While this story is bigger, more nuanced, and detailed than we have time to present here, we do need to point out that, while most Arab countries avoided recognition of Israel because of its occupation of the Palestinians, under these new accords, money seemed to outweigh any interest in defending the Palestinians. This was the cynical ploy of the Trump administration, which also resulted in the sweetheart deal between the Prince and Kushner.
Snip
You scratch my back, Ill scratch yours, MBS loan to Kushner involved plenty of intrigue
In a speculative opinion in Vicky Ward Investigates, investigative reporter Ward suggests that the real reason Kushner was given the loan was linked to a foreign policy matter. She reports, the money was possibly both an IOU for sympathetic foreign policy led by Kushner during the Trump years and also a bet by MBS on a return to the White House by Kushners father-in-law, Donald Trump.
Now, it seems, Kushners personal relationship with Crown Prince MBS may have been at the root of the CIAs denial of a top-secret clearance for the ex-presidents son-in-law. Wards story goes that it was Kushner and his allies in government who blocked top-level U.S. government support of the then Crown Prince, a cousin of MBS. Former Crown Prince Mohammed bin Nayef was purportedly a long-time intelligence and counter-terrorism asset for the U.S. Bin Nayef had attempted a legal coup in 2017 in an endeavor at regime change.
Such a coup would have ousted both King Salman and then-deputy crown prince MBS. Wards sources told her, it was Kushner and his allies in the White House who got word to MBS of bin Nayefs plans, and the plot was abruptly stopped. Kushners presumed role in thwarting this coup is what drove U.S. intelligence officials to go apoplectic, thus initially preventing him from getting his top-level clearance.
The theory is, then, that the sizeable loan to Kushner by MBS was a payoff for moving bin Nayef out of the picture. Bin Nayef is under house arrest and hasnt been seen in public for three years. The ousted prince did manage to communicate that he believed MBS had arranged a partnership, presumably with Kushner, to oust him from his place as the successor to King Salman. The U.S. apparently did not act on bin Nayefs communication, allowing MBS to depose and replace him one month later.
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https://www.arabamerica.com/saudi-prince-mbs-2-billion-loan-to-trump-son-in-law-jared-kushner-raises-doubts-about-risk-and-legitimacy/
Hortensis
(58,785 posts)by the tRump admin'd might be worth a $2B loan cum possible outright gift in itself. No one has any doubt at all that Kushner, and Mnuchin, used their positions to advance their personal business, just how illegally and how much.
I also wonder how much future control it could give Sawdi Arabia over Kushner, whose business record suggests he's likely to end up having great difficulties repaying if required. "Friend" for life or until diced and discarded?
SergeStorms
(19,193 posts)of those boxes of top secret documents from Trump's stash at Mar-ma-lardo with them?
Trump took those boxes for a reason. It wasn't a mistake by some intern.
We'll probably never find out how much King Con stole and and got for selling state secrets. I'm sure he got a percentage of Jared's and Mnuchin's dirty dealings, but how much is anyone's guess.
Trump's entire administration was one big CON by his crime syndicate.
Kid Berwyn
(14,876 posts)Just at Deutsche Bank
That Supreme Court?
"Say hello to your boy. Special guy."
Say hello to your boy, Trump said, Special guy.
Your kids have been very nice to him, Kennedy replied.
Well, Trump said, they love him, and they love him in New York.
Source: https://www.politico.com/story/2017/04/donald-trump-supreme-court-236925
Then, theres Bill Barrs old family ties to Jeffrey Epstein.
The Ties That Bind Jeffrey Epstein, William Barr & Donald Trump
Todd Neikirk
Hill Reporter, May 19, 2019
During Attorney General, William Barrs confirmation hearing, he was mostly peppered with questions about how he would handle the Mueller Report. Senator Ben Sasses (R-NE) questioning, however, diverged from the pack. Sasse asked Barr about the lenient sentence given out to billionaire pedophile, Jeffrey Epstein. The future Attorney General told Sasse that he would look into the matter.
This, however, was not the first connection between Barr and his family and the disgraced pedophile. In 1973, Barrs father Donald, the headmaster at Manhattans Dalton School, hired Epstein as a calculus and physics teacher.
While hiring Epstein, a noted mathematics genius, was not strange on its face, the hire was unusual for a number of reasons. Epstein had not earned a college degree as he dropped out of New Yorks prestigious Cooper Union. The other odd circumstance was that the new teacher was only 20 years of age.
Apparently, the hire was a successful one. The New Yorker wrote in a 2003 profile on Epstein, he was something of a Robin WilliamsinDead Poets Society type of figure, wowing his high-school classes with passionate mathematical riffs. Epsteins mathematical skills caught the eye of Bear Stearns chairman, Alan Ace Greenberg, whose son attended the Dalton School. Greenberg hired Epstein as an options trader and the former teacher was able to amass a fortune.
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https://hillreporter.com/the-ties-that-bind-jeffrey-epstein-william-barr-donald-trump-34107
Special is one word for it.