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DonViejo

(60,536 posts)
Thu Aug 31, 2017, 12:48 PM Aug 2017

Kushner Faces Cash Crunch



August 31, 2017 at 7:09 am EDT By Taegan Goddard

Bloomberg: “Jared Kushner, Donald Trump’s son-in-law and top adviser, wakes up each morning to a growing problem that will not go away. His family’s real estate business, Kushner Cos., owes hundreds of millions of dollars on a 41-story office building on Fifth Avenue. It has failed to secure foreign investors, despite an extensive search, and its resources are more limited than generally understood.”

“As a result, the tower poses a significant challenge to the company. Over the past two years, executives and family members have sought substantial overseas investment from previously undisclosed places: South Korea’s sovereign-wealth fund, France’s richest man, Israeli banks and insurance companies, and exploratory talks with a Saudi developer, according to former and current executives. These were in addition to previously reported attempts to raise money in China and Qatar.”

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https://politicalwire.com/2017/08/31/kushner-faces-cash-crunch/
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Eliot Rosewater

(31,109 posts)
2. You can be certain this building will be bought by a Putin group or bank IF and WHEN
Thu Aug 31, 2017, 12:51 PM
Aug 2017

trump does the bidding of putin, sanctions off etc.

brush

(53,764 posts)
3. How can he concentrate on fixing the Middle East and the federal government if...
Thu Aug 31, 2017, 12:53 PM
Aug 2017

trying to raise money all over the world to save his family's business.

Great appointment there, orange one.

Achilleaze

(15,543 posts)
5. Protect America: Jerk the republican jerk's security clearance
Thu Aug 31, 2017, 01:07 PM
Aug 2017

we don't need no steenkin republican TreasonWeasels continuing to betray America.

avebury

(10,952 posts)
6. He should be tossed out of the WH.
Thu Aug 31, 2017, 01:17 PM
Aug 2017

With his financial difficulties is a prime candidate to be bought by a foreign country (if he has not done so already) and he should not be allowed anywhere near sensitive information.

BigmanPigman

(51,584 posts)
7. My, my, what an astute businessman. Ivanka obviously married a copy of her dear daddy.
Thu Aug 31, 2017, 01:20 PM
Aug 2017

Perhaps she can help cut a deal with Russia by going over there and sitting in Putin's chair (while he is in it) and bat her eyelashes and whisper govt secrets in his ear.

underpants

(182,770 posts)
9. Sell the family business and put it all right back on the table
Thu Aug 31, 2017, 01:30 PM
Aug 2017

betting it all on red or black - in this case one building. AND paying too much for it.

Latest Discussions»General Discussion»Kushner Faces Cash Crunch