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Jared Kushner's Shady $2B Saudi Deal Unprecedented, Says Wall Street Investor: "I haven't Seen Anything Like This"
Benzinga (via MSN.com) ^ | 19 August 2023 | Shanthi Rexaline

Posted on 08/19/2023 11:55:28 PM PDT by zeestephen

Investor and economic analyst Steven Rattner recently said he found the deal to be highly unusual..."Jared Kushner spent much of his White House tenure cozying up to MBS & Saudi Arabia...Six months after leaving Washington, his private equity firm landed $2 billion in investments from the Saudi sovereign wealth fund." [Rattner worked for Obama and manages former NYC Mayor Michael Bloomberg's private wealth]

(Excerpt) Read more at msn.com ...


TOPICS: Chit/Chat
KEYWORDS: benzinga; jaredkushner; michaelbloomberg; mikebloomberg; saudiarabia; shanthirexaline; stevenrattner
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MSNBC started pushing this story on Friday morning.
1 posted on 08/19/2023 11:55:28 PM PDT by zeestephen
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To: zeestephen

I guess they don’t want to talk about Joe and Hunter.


2 posted on 08/20/2023 12:09:43 AM PDT by Revel
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To: zeestephen

The media trying to compare the Hunter story with Jared or the other way around I should say. Even so, I never liked Jared.


3 posted on 08/20/2023 12:12:00 AM PDT by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
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To: zeestephen

Rattner should know all about shady deals. He was an Obama stooge, his wife, Maureen White, served under Hillary Clinton, and they were both contributors to the Clinton foundation exchanging access and favors for cash.

If he told me it was raining, I would check to make sure an elephant wasn’t urinating on my house.


4 posted on 08/20/2023 12:14:36 AM PDT by TheWriterTX (Trust not in earthly princes....!)
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To: zeestephen
In the investment/money management world 2 billion $ is a little drop in a big bucket ...
May get you an invite to a couple of the right parties .. but your sitting in the back on a pile of coats.

Don't get me wrong ... they'll squeeze a few mill out for some low quality political hacks but if that's all you got...your seat at the table is a high chair with a sippy cup.

5 posted on 08/20/2023 12:15:03 AM PDT by 1of10 (be vigilant , be strong, be safe, be 1 of 10 .)
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To: 1of10

I tend to agree....2-billion isn’t that much anymore. If you follow Saudi soccer news...I’d say a minimum of $1-billion has been spent (past month) on getting name-brand stars to play for Saudi clubs. No one utters a word about that.


6 posted on 08/20/2023 12:23:41 AM PDT by pepsionice
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To: zeestephen

Trying to take the increasing heat off the Biden’s and salvage something.

Didn’t Obama get around $100,000,000 at some point, prior to his presidency, and blow it all.

I wonder if Rattner and his wife have no problem with the Clinton’s and how they made all their money from Whitewater, the original predatory lenders, to cattle futures to the ultimate in graft and corruption, the Clinton Global Initiative “non-profit” where all the money goes to salaries and admin fees.

These people are far too stupid to have occupied the positions they’ve been in or the ones they hold now.

As for his moaning about the Saudi’s, can anyone link me his critiques about that same fund buying the PGA Tour?


7 posted on 08/20/2023 12:26:31 AM PDT by qaz123
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To: 1of10
The main issue is that the Saudis and other Persian Gulf counties funded 99% of Jared's $3 billion start up investment firm.

Rattner points out that American-based investment funds rarely have almost 100% foreign investors.

I hope Jared has not been investing their money in NYC commercial real estate.

Those buildings will be selling for 25 cents on the dollar in another year!

8 posted on 08/20/2023 12:47:52 AM PDT by zeestephen (Trump "Lost" By 43,000 Votes - Spread Across Three States - GA, WI, AZ)
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To: zeestephen

I don’t care whether Kusher is “Republican” or “Democrat” — he’s as sleazy as his ex-con father.


9 posted on 08/20/2023 12:56:34 AM PDT by Angelino97
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To: Revel
I guess they don’t want to talk about Joe and Hunter.

My first thought too.

10 posted on 08/20/2023 1:11:56 AM PDT by Mark17 (Retired USAF air traffic controller. Father of USAF Captain & pilot. Both bitten by the aviation bug)
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To: zeestephen

He was very very transparent about it.


11 posted on 08/20/2023 1:12:05 AM PDT by nikos1121
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To: zeestephen
LOL!

The greasy Biden Family Syndicate calls in artillery fire from their Media puppets.

12 posted on 08/20/2023 1:13:56 AM PDT by kiryandil (China Joe and Paycheck Hunter - the Chink in America's defenses)
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To: Angelino97

” I don’t care whether Kusher is “Republican” or “Democrat” — he’s as sleazy as his ex-con father.”

Agreed , and Trump had him as a senior adviser !


13 posted on 08/20/2023 1:23:33 AM PDT by sushiman
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To: zeestephen

The Saudis goofed big time.

History shows that giving a ‘cokehead’ $2 billion to invest pays off.


14 posted on 08/20/2023 2:10:08 AM PDT by Brian Griffin (ICCPR Article 15 No one shall be held guilty…on account of any act…not a criminal act...at the time…)
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To: zeestephen

He’s right.

And it is especially unfortunate because it muddies Hunter’s role in Joe’s treason.


15 posted on 08/20/2023 2:14:52 AM PDT by 9YearLurker
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To: zeestephen

WIKI

Kushner’s firm received commitments of more than $3 billion by the end of 2021 to invest in American and Israeli companies that are expanding in India, Africa, the Middle East and other parts of Asia.

The firm has a staff of approximately 20 people, including private equity veterans Bret Pearlman and Asad Naqvi.

The fund has invested in two undisclosed Israeli hi-tech companies. The Wall Street Journal reported that “it is the first known instance that the Saudi Public Investment Fund’s cash will be directed to Israel, a sign of the kingdom’s increasing willingness to do business with the country.”

In March 2022 Affinity executives heard pitches from 13 to 15 Israeli startups.

In July 2023, it was announced that Affinity was the primary backer in Munich-based fitness technology company EGYM’s £225 million Series F funding round. The investment represented Affinity’s first European investment.

https://en.wikipedia.org/wiki/Affinity_Partners

It seems the company has users switch machines frequently. I think the purpose is all around muscle development and fat burn off.

https://www.ymcasv.org/programs/egym


16 posted on 08/20/2023 2:21:35 AM PDT by Brian Griffin (ICCPR Article 15 No one shall be held guilty…on account of any act…not a criminal act...at the time…)
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To: zeestephen

“Bret Pearlman is a Managing Director and Co-Founder of Elevation Partners. Bret has extensive experience as a private equity investor in large-scale transactions during his twenty five year career. Bret joined The Blackstone Group in 1989 as the firm’s first analyst. From 2000 through mid-2004, Bret was one of eleven Senior Managing Directors whose primary responsibility was investing Blackstone’s third and fourth core private equity funds, as well as its media and communications private equity fund.”

https://elevation.com/bretpearlman


17 posted on 08/20/2023 2:25:55 AM PDT by Brian Griffin (ICCPR Article 15 No one shall be held guilty…on account of any act…not a criminal act...at the time…)
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To: zeestephen

“As of 2019, Kushner’s net worth is estimated at $800 million.”

https://en.wikipedia.org/wiki/Jared_Kushner

That was before COVID and NYC real estate problems.


18 posted on 08/20/2023 2:35:49 AM PDT by Brian Griffin (ICCPR Article 15 No one shall be held guilty…on account of any act…not a criminal act...at the time…)
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To: zeestephen

“Kushner was the primary Trump administration participant for the Middle East Peace Process, authoring the Trump peace plan and facilitating the talks that led to the signing of the Abraham Accords and other normalization agreements between Israel and various Arab states in 2020.”

https://en.wikipedia.org/wiki/Jared_Kushner


19 posted on 08/20/2023 2:39:22 AM PDT by Brian Griffin (ICCPR Article 15 No one shall be held guilty…on account of any act…not a criminal act...at the time…)
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To: zeestephen

As far as I can tell, it appears that Kushner is a very good businessman.

He HAS BUSINESSES, HE PROVIDES SERVICES OR PRODUCTS...

SEE THE DIFFERENCE PEDO JOE AND HUNTER????


20 posted on 08/20/2023 2:43:43 AM PDT by Maris Crane
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