Saturday, March 3, 2018

Kushner's hand in the cookie jar

You might just want to read this whole interesting article.



I'll get you started:
Jared Kushner had a very bad week. So bad in fact, it was hard to keep track of how many bad stories there were. The most publicized event, the White House senior adviser and presidential son-in-law losing his security clearance, was the least surprising. The more shocking—and potentially important—revelations are two stories about massive loans he’s sought and their links to Qatar and a third story about how special counsel Robert Mueller is now investigating those links.

  Slate




Perhaps Jared and his father can compare notes on prison one day.  Daddy already has some experience.

...but hey, do what you want...you will anyway.

UPDATE 3/21:

KUSHNER’S SUPPORT FOR Saudi Arabia and the UAE over Qatar in the Gulf crisis has raised questions about a possible conflict of interest. Kushner backed the blockade a month after Qatar’s ministry of finance rebuffed an attempt by Kushner’s real estate firm, Kushner Companies, to extract financing for the firm’s troubled flagship property at 666 Fifth Avenue.

In 2007, Kushner bought the landmark Manhattan building for $1.8 billion, putting down $500 million in cash raised largely by selling thousands of rental units the family had owned in New Jersey. It was widely regarded as overpriced at the time, and when the financial crisis hit, the value plummeted, wiping out much of the initial investment. The clock is now ticking toward a February 2019 deadline when a major mortgage payment will come due.

Since 2011, Kushner and his relatives have been searching the globe for a new investor. As recently as the spring of 2017, Charles Kushner, Jared’s father, asked former Qatari prime minister Sheikh Hamad bin Jassim al-Thani to invest in the building. Then in April 2017, Charles Kushner made a direct pitch to the Qatari government through the country’s minister of finance.

Qatar rejected the deal as not financially viable. In May, Trump traveled to Riyadh with Kushner, where the famous glowing orb photo was taken. In the wake of the meeting, Saudi Arabia, the UAE, and a handful of allied countries announced the blockade of Qatar, which is aligned with Iran, a key Saudi adversary. The crisis continues today.

“We could not understand why the Trump administration was so firmly taking the Saudis’ side in this dispute between the Saudis, the Emiratis, and Qatar, because the United States has very important interests in Qatar,” Sen. Chris Murphy, D-Conn., told George Stephanopoulos, host of ABC’s “This Week,” after The Intercept reported on Kushner Companies’ efforts to obtain financing from Qatar. Murphy was referring to Al Udeid Air Base in Qatar, home of U.S. Central Command, where thousands of U.S. troops are stationed.

“If the reason this administration put U.S. troops at risk in Qatar was to protect the Kushners’ financial interests, then that’s all the evidence you need to make some big changes in the White House,” Murphy said.

  The Intercept

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