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allegorical oracle

(2,357 posts)
31. This is Wikipedia's account of Jared's investment firm. Still sounds weird, imho...
Sat Oct 15, 2022, 04:15 PM
Oct 2022

Within the Trump administration, Kushner had been a staunch defender of Saudi ruler Mohammed bin Salman.[6] In 2021, Kushner started an investment firm, Affinity Partners. He sought funds for the new company through the sovereign wealth funds of Gulf countries.[191][192] Advisers for the Public Investment Fund, the Saudi government's sovereign wealth fund, expressed several concerns about the transaction—including the inexperience of Affinity management, the degree of risk to be assumed by the Saudi kingdom, an "excessive" management fee, and a finding that Affinity's operations were "unsatisfactory in all aspects". However, PIF management overruled them and invested $2 billion in Kushner's firm, only six months after Kushner had left the White House.[6] The firm primarily depended on Saudi money, as, by April 2022, it only had $2.5 billion under its management.[6] According to ethics experts, the investment created the appearance of potential payback for Kushner.[6] The House Oversight Committee said on June 2, 2022 that it had opened an investigation into whether Kushner had traded on his government position to get the deal.[193]

The fund plans to invest Saudi money into startup companies in Israel. According to the Wall Street Journal, "The decision marks the first known instance that the Saudi Public Investment Fund’s cash will be directed to Israel, a sign of the kingdom’s increasing willingness to do business with the country, even though they have no diplomatic relations."[194]

(boldface emphasis mine)

100% Me. Oct 2022 #1
+1 2naSalit Oct 2022 #11
+ 1000 nt TigressDem Oct 2022 #43
99.999% but I'm an easy grader! hedda_foil Oct 2022 #2
It's more likely than not. sop Oct 2022 #3
Jared acted like a security clearance was a license to sell our country's secrets. keithbvadu2 Oct 2022 #4
Trump had to intervene to get Jared's top secret clearance approved. Lasher Oct 2022 #26
A no-brainer. Grasswire2 Oct 2022 #5
Yep, sold it to China if I remember correctly Trailrider1951 Oct 2022 #28
Explains a lot ... including subsequnt MBS crackdown/execution of family members /nt philly_bob Oct 2022 #6
i was thinking other secrets, but spies in saudi would bring in big bucks certainot Oct 2022 #34
In reality DENVERPOPS Oct 2022 #35
thanks, great analysis. certainot Oct 2022 #37
They had begun turning the vaccine distribution into a spoils system in the Fall of '20. Hugin Oct 2022 #50
Great Analysis. philly_bob Oct 2022 #52
Wouldn't give a percentage Yo_Mama_Been_Loggin Oct 2022 #7
Future deals FifthColumn Oct 2022 #30
Dah winnah! Nt raccoon Oct 2022 #48
Do fat boys like cake? nt Atticus Oct 2022 #8
I make the odds about three to one that he did. I mean, why wouldn't he? Walleye Oct 2022 #9
Yup. Scrivener7 Oct 2022 #10
He did something worth 2 billion. What else is worth leftyladyfrommo Oct 2022 #12
I agree, the Saudi's are profit motivated. They don't do things for free. patphil Oct 2022 #19
Very likely, the rot of corruption went international wildman76 Oct 2022 #13
There is NO OTHER EXPLANATION. dchill Oct 2022 #14
Of course he did FakeNoose Oct 2022 #15
A better question is who would give Jared $2 billion dollars for nothing? Heather MC Oct 2022 #16
Very likely gademocrat7 Oct 2022 #17
A near certainty. n/t ms liberty Oct 2022 #18
Entertain This Possibility Roy Rolling Oct 2022 #20
To be accurate, Kushner did NOT get $2B personally Fiendish Thingy Oct 2022 #21
This is Wikipedia's account of Jared's investment firm. Still sounds weird, imho... allegorical oracle Oct 2022 #31
100% mrsadm Oct 2022 #22
Along with arranging weapons and nuke sales, you bet he did. Ford_Prefect Oct 2022 #23
Jared might have been a middleman to funnel the cash to tfg. rubbersole Oct 2022 #24
Never any doubt in my mind. WinstonSmith4740 Oct 2022 #25
This has to be a payoff because no sane person would trust Jared with this much momey LetMyPeopleVote Oct 2022 #27
No doubt in my mind SheltieLover Oct 2022 #29
I've been saying this for months thomhartmann Oct 2022 #32
Very high Picaro Oct 2022 #33
Since he had near zero experience in private equity.... paleotn Oct 2022 #36
Actually very low jmowreader Oct 2022 #38
Perfect place for a direct swap DENVERPOPS Oct 2022 #39
You'd use a dead drop for that jmowreader Oct 2022 #40
Mr. Trump DENVERPOPS Oct 2022 #44
Trump's MO seems to be separating the money exchange (and himself) from the transfer... Hugin Oct 2022 #51
How much did the Saudi's pay Trump for the golf tournament at Bedminster? sarcasmo Oct 2022 #41
Your premise is faulty to begin with. grantcart Oct 2022 #42
man jcgoldie Oct 2022 #45
I know, I know. I grew up in strict Goldwater/conservative/bible is literal home grantcart Oct 2022 #47
I only hope it can be proven. nt Samrob Oct 2022 #46
A certainty Xoan Oct 2022 #49
Honestly, Kushner was so cautious and so out of step with the WH pro-Putinextremists Bucky Oct 2022 #53
150% niyad Oct 2022 #54
Is the Pope Catholic? Does a bear poop in the woods? Hekate Oct 2022 #55
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