skews13
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- Mar 18, 2017
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n Monday morning, MSNBC economic analyst Steve Rattner stunned the "Morning Joe" panel with a chart that showed how much money Donald Trump's son-in-law Jared Kushner swiftly amassed for his hedge fund within six months after leaving the White House.
More importantly, there were questions raised about the sources of Kushner's $3.1 billion windfall.
During the segment, Rattner displayed a chart that showed a slim one percent coming from U.S. investors with a massive percentage coming from Middle Eastern interests.
As Ratner noted, Kushner has zero experience as a hedge funder having only worked in real estate -- and notably not good at that -- before going to work in the White House.
"He worked in the White House and worked very hard, it is less clear what he worked hard at," the analyst began before explaining, "Because after he left the White House, he raised $3.1 billion -- that's billion with a 'b' -- for a private equity fund and he is not a private equity guy, he is a real estate guy. So where does the money come from? We know that he raised $3.1 billion and only about $30 million of it actually came from investors in the United States all the rest of it is foreign money. And of that foreign money, $2 billion came from the Saudis."
"I've been in this business 40 years, I've never seen somebody get two-thirds of their money from a single investor. Usually a single investor might be a few percent of the fund, might be 5 percent, maybe 10 percent -- you never see this," he elaborated. "Another $200 million we believe came from Qatar and another $200 million from the United Arab Emirates and then the $625 million from foreign investors that we don't even know who they are. So what was Jared Kushner doing in the White House? And, by the way as a fun fact, on January 6, the famous January 6, Jared Kushner was in the Middle East."
www.rawstory.com
Most people never have seen it. But we now live in the Trump era, where Supreme Court Justices are now bought off, and every kind of sleaze imaginable is becoming the norm. When the Dems win back the House next year, many investigations will be looking into his situation.
More importantly, there were questions raised about the sources of Kushner's $3.1 billion windfall.
During the segment, Rattner displayed a chart that showed a slim one percent coming from U.S. investors with a massive percentage coming from Middle Eastern interests.
As Ratner noted, Kushner has zero experience as a hedge funder having only worked in real estate -- and notably not good at that -- before going to work in the White House.
"He worked in the White House and worked very hard, it is less clear what he worked hard at," the analyst began before explaining, "Because after he left the White House, he raised $3.1 billion -- that's billion with a 'b' -- for a private equity fund and he is not a private equity guy, he is a real estate guy. So where does the money come from? We know that he raised $3.1 billion and only about $30 million of it actually came from investors in the United States all the rest of it is foreign money. And of that foreign money, $2 billion came from the Saudis."
"I've been in this business 40 years, I've never seen somebody get two-thirds of their money from a single investor. Usually a single investor might be a few percent of the fund, might be 5 percent, maybe 10 percent -- you never see this," he elaborated. "Another $200 million we believe came from Qatar and another $200 million from the United Arab Emirates and then the $625 million from foreign investors that we don't even know who they are. So what was Jared Kushner doing in the White House? And, by the way as a fun fact, on January 6, the famous January 6, Jared Kushner was in the Middle East."
'What was Jared doing?': MSNBC panel stunned by sources of Kushner's $3.1 billion cash haul
On Monday morning, MSNBC economic analyst Steve Rattner stunned the "Morning Joe" panel with a chart that showed how much money Donald Trump's son-in-law Jared Kushner swiftly amassed for his hedge fund within six months after leaving the White House.More importantly, there were questions raised...
www.rawstory.com
Most people never have seen it. But we now live in the Trump era, where Supreme Court Justices are now bought off, and every kind of sleaze imaginable is becoming the norm. When the Dems win back the House next year, many investigations will be looking into his situation.
