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Old 05-02-2017, 06:24 PM   #1
leistb
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Default Jared Kushner didn't disclose business ties to George Soros, Peter Thiel, and Goldman Sachs, or that he owes $1 billion

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Jared Kushner didn't disclose his business ties with George Soros, Peter Thiel, and Goldman Sachs, or that he owes $1 billion in loans, The Wall Street Journal reported on Tuesday.

The top White House adviser and son-in-law of Trump failed to identify his part ownership of Cadre, a real-estate startup he founded, which links him to the Goldman Sachs Group and the mega-investors George Soros and Peter Thiel, sources told The Journal.

Business Insider first reported on Kushner's involvement with Cadre last June. Here's more about what Cadre is.

Jamie Gorelick, an attorney for Kushner, told The Journal in a statement that Cadre was part of BFPS Ventures LLC, a company Kushner owns and identified in his government financial-disclosure forms.

Gorelick also said a revised version of Kushner's form that includes Cadre would be made available once ethics officials have looked at it.

Kushner also failed to identify debt of more than $1 billion from 20 lenders and personal guarantees to pay more than $300 million of that, according to The Journal.

While Gorelick called revisions to the disclosure "very normal," ethics experts told The Journal that the loans and guarantees should be disclosed so officials could decide whether Kushner needs to recuse himself from issues that involve his lenders. Investment in startups like Cadre should definitely be disclosed, experts said.

"Anything that presents a potential for the conflict of interest should be disclosed so that the public and the press can monitor this," Trevor Potter, a former chairman of the Federal Election Commission, told The Journal.

A source told The Journal that Kushner planned to recuse himself from anything that concerned Deutsche Bank or RBS, two lenders that have given him money for his properties or companies and to which he has provided personal guarantees on loans.

He still owes money to Bank of America, Blackstone Group, Citigroup, UBS, Deutsche Bank, and RBS, all of which were not disclosed, according to The Journal.
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Old 05-02-2017, 06:38 PM   #2
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George Soros
Committed socialist.

Peter Thiel
Committed libertarian.

Goldman Sachs
Committed carnivores.

Interesting group. Profit is about the only visible common interest these folks have.
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Old 05-02-2017, 08:49 PM   #3
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Kushner comes from a family of the worst sorts of dirtbags. You should look into what his father did sometime. From everything I have seen, the fruit did not fall very far from the tree. And this is the person who has the ear of the president.

Trump has gone as far right as he is gonna go - it will all be leftward movement from here on out. Not saying that is necessarily a bad thing, but his most ardent supporters have set themselves up for a huge fall. Lies all around, although at some point Trump might've actually believed a few of them.
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