Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

LetMyPeopleVote

(144,919 posts)
Fri Oct 22, 2021, 11:40 PM Oct 2021

Jared Kushner in talks with Saudi Arabia to receive $2bn for investment firm: Report

Who is surprised by this?




Jared Kushner, former White House adviser and son-in-law of former US President Donald Trump, is reportedly in talks to receive upwards of $2bn from Saudi Arabia for his private equity firm, according to the journalism studio Project Brazen.

The studio, founded by former Wall Street Journal reporters, reported that the money will come from Riyadh's Public Investment Fund (PIF), which is chaired by Saudi Crown Prince Mohammed bin Salman, and the fund for the equity firm could eventually reach up to $5bn. However, the target size is unclear.

Sources told the reporters that Kushner has been debating how to limit the impact of having Saudi Arabia as a key investor in the new investment firm.,,,,,

Kushner has developed a close relationship with several senior figures throughout the Middle East including bin Salman, also known by his initials MBS, with who he has been engaging for years through emails, text messages, and other forms of contact, according to a report by The New York Times.

During his time in the Trump administration, the Saudi royal family gifted him two swords and a dagger worth nearly $48,000, which he ended up paying the US government for after leaving office.
10 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Jared Kushner in talks with Saudi Arabia to receive $2bn for investment firm: Report (Original Post) LetMyPeopleVote Oct 2021 OP
I hope that the powers that be are rechecking the small print on the contract. flying_wahini Oct 2021 #1
MBS, a cold blooded murderer, and Kushner is his pal. secondwind Oct 2021 #2
LOL Skittles Oct 2021 #3
yep.. non stop Demovictory9 Oct 2021 #4
MBS doesn't know the rat family ain't in power any more?! UTUSN Oct 2021 #5
It is either payment for services rendered or Kushner is still of use to them in some way. Irish_Dem Oct 2021 #6
Yeah, but Hunter Biden sold a painting! 11 Bravo Oct 2021 #7
If we ever really wanted to get serious about improving the world maxrandb Oct 2021 #8
The grift never ends. sarcasmo Oct 2021 #9
Makes me wonder what he was actually negotiating Retrograde Oct 2021 #10

flying_wahini

(6,578 posts)
1. I hope that the powers that be are rechecking the small print on the contract.
Fri Oct 22, 2021, 11:46 PM
Oct 2021

Kushner is a lying weasle and should be in prison. I’m sure whatever he makes will be misreported to the IRS and buried in a chest on some deserted island. (Like the Seychelles).

secondwind

(16,903 posts)
2. MBS, a cold blooded murderer, and Kushner is his pal.
Sat Oct 23, 2021, 12:27 AM
Oct 2021

This makes me physically sick. Anything for money…..

maxrandb

(15,295 posts)
8. If we ever really wanted to get serious about improving the world
Sat Oct 23, 2021, 11:43 AM
Oct 2021

We'd divest ourselves of everything Saudi Arabia.

Other than oil, can someone tell me why we would have anything to do with a 1ST Century Monarchy?

It would be like having cancer, but since cancer gives you candy, you decide to "compromise" with cancer.

Retrograde

(10,128 posts)
10. Makes me wonder what he was actually negotiating
Sat Oct 23, 2021, 03:25 PM
Oct 2021

during all those trips to the Middle East. Hatch Act violations, anyone? Or something worse - I doubt MBS gives away anything without expecting a handsome payout in return.

Latest Discussions»General Discussion»Jared Kushner in talks wi...