Liberal Forum

MAGAts are the dumbest **** alive...

After leaving the White House in 2021, Kushner, who had no experience in private equity, launched a new private equity firm, Affinity Partners. His reported goal was to secure $7 billion in investments. Before entering the White House, Kushner's most significant business experience was nearly bankrupting his family real estate company by purchasing an aging office building in New York for $1.8 billion

Kushner sought $2 billion from the government of Saudi Arabia through their Public Investment Fund (PIF). The PIF committee that screens investments recommended rejecting Kushner's proposal, citing "the inexperience of the Affinity Fund management" and "excessive" fees. The committee's recommendation, however, was overruled by Crown Prince Mohammed bin Salman (MBS), who heads PIF's Board of Directors

Kushner formed a close relationship with MBS during his time in the White House and the pair communicated regularly via WhatsApp. That didn't change after the CIA concluded that MBS ordered the brutal murder of U.S.-based journalist Jamal Khashoggi, who wrote a column that was frequently critical of the Saudi government for the Washington Post

Kushner "offered the crown prince advice about how to weather the storm." In DC, Kushner "became the prince’s most important defender inside the White House." In 2020, Kushner publicly dismissed the murder of Khashoggi as one of "a couple of missteps" by MBS, praising Saudi Arabia as "a very good ally.

https://popular.info/p/jared-kushners-3 ... n-conflict=


But wait for the Money Shot...

According to an investigation by the Senate Finance Committee, Affinity Partners ultimately secured about $3 billion in investments. Along with $2 billion from Saudi Arabia, Kushner secured additional funds "from Qatar, the United Arab Emirates, and Taiwanese billionaire Terry Gou." There is a fifth foreign investor that Affinity Partners will not disclose. There are no U.S. investors.



Ibid.

An investor they won't identify, and no US investors...

https://youtu.be/nssSIKOrSNk?si=6ZDGt6ZkFqToBfI6

And Hunter Biden got $20 million wired to his accounts from Russia and China?

AtticusFinch » 17 Nov 2024, 7:24 am » wrote: ↑

17 Nov 2024, 7:24 am

And Hunter Biden got $20 million wired to his accounts from Russia and China?

No, he didn't. 

Why do you lie about everything, Hole?

Blackvegetable » 17 Nov 2024, 7:29 am » wrote: ↑

17 Nov 2024, 7:29 am

No, he didn't. 

Why do you lie about everything, Hole?

According to US banks millions were sent to Hunter and his controlled companies 

Is this a lie?
 

Saudi Arabia pays Kushner 1.25% of its investment annually as a management fee. The other investors pay even more — 2% of their investments annually. So far, Affinity Partners has "collected approximately $157.5 million in management fees from foreign investors," including $87 million from Saudi Arabia alone. It is scheduled to bring in another $90 million through 2026. 

 What kind of returns has Kushner generated for PIF and his other investors? Nothing. Through July 2024, Affinity Partners had only invested about $1.1 billion of the money it raised. Kushner is charging Saudi Arabia and other foreign governments tens of millions in fees to have their money sit in a bank account. According to the Senate Finance Committee, this arrangement suggests "Affinity’s investors may not be motivated by commercial considerations, but rather the opportunity to funnel foreign government money to members of President Trump’s family." 


Ibid.

Standard for retail advisors is 1% of AUM. On 100k.

Institutional investors pay managers a fraction of that on 100 million.

This is the most transparent grift in the history of Grift.





 

AtticusFinch » 17 Nov 2024, 7:30 am » wrote: ↑

17 Nov 2024, 7:30 am

According to US banks millions were sent to Hunter and his controlled companies 

Is this a lie?

BV

So US banks were lying?
 

AtticusFinch » 17 Nov 2024, 7:30 am » wrote: ↑

17 Nov 2024, 7:30 am

According to US banks millions were sent to Hunter and his controlled companies 

Is this a lie?

Yes, it's a lie, Hole..

You don't have the slightest idea what you're talking about, Hole.

You're a moron.