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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsKushner $1.3 billion in debt.
Congressional investigators are seeking to determine whether President Trumps son-in-law was vulnerable to Russian influence during and after the campaign because of financial stress facing his family firms signature real estate holding a Manhattan skyscraper purchased at the height of the real estate boom.
And they are focused, officials told ABC News, on a December meeting Jared Kushner held with executives from a Russian bank.
It's very peculiar that of all the people he could be talking to in a transition period where you've got lots of balls in the air, that you end up talking to a Russian banker who is under sanction and who is related to Putin and has a KGB background, said Rep. Jackie Speier, a California Democrat who sits on the House Intelligence Committee. I think the question has to be asked, was this about you trying to get financing for your troubled real estate that you have in New York City?
The timing of Kushners December meeting with executives from VneshEconomBank, or VEB, at the suggestion of the Russian ambassador, has also raised concerns from government watchdog groups across the political spectrum.
http://abcnews.go.com/Politics/lawmakers-looming-debt-leave-jared-kushner-vulnerable-russian/story?id=47780422
Achilleaze
(15,543 posts)while russia perpetrates Acts of War** on the USA.
Treason. Treason most foul.
* per ronald reagan
** per dick cheney
nocalflea
(1,387 posts)onetexan
(13,058 posts)people tend to gravitate towards their own kind
nocalflea
(1,387 posts)NCjack
(10,279 posts)KG
(28,752 posts)Wounded Bear
(58,706 posts)follow the money, or in this case the debts. Trump is dirty and he's in deep.
Iplayoneontv
(77 posts)At minimum, Trump owes $750 million to trackable sources. We have no idea what else he owes. His net worth is maybe two billion. A nice estimate is 50 percent liability.
Krushner is paying for that building with money he's stealing from working class people helped by Chinese and Russian investment. The loan was already restructured. It's going to fail. Kushner is worth a few hundred million. That company is going to crash.
LS_Editor
(893 posts)CrispyQ
(36,509 posts)canetoad
(17,184 posts)1) Is tRump (Bannon) throwing Kushner under the bus to save his own skin?
2) Push come to shove, which one would Ivanka side with?
Lars39
(26,116 posts)Ivanka black-hands.
Lars39
(26,116 posts)All those meetings...
Wounded Bear
(58,706 posts)It's a crime family.
DemoTex
(25,403 posts)Shakespeare (or whoever is the current writer for him) would be having a time writing all this.
Buckeyeblue
(5,502 posts)So does 45. Maybe even more...
Ilsa
(61,698 posts)I bet there is more to less savory characters and unknown unstitutions.
the WSJ only listed what they know about from mainly U.S. banks. And then there is Russia!
Buckeyeblue
(5,502 posts)I'm not a tax expert. Should off the books debt be considered as income, much like a large gift of money? If so, could there be a tax evasion case? Or would the feds be more apt to consider this as money laundering?
BumRushDaShow
(129,444 posts)But I think what has happened with him is that what he was doing was so obfuscated that regulators (notably in NYC) probably couldn't keep up. They would probably need a whole unit devoted to delving into his empire of financial insanity in order to pluck out the most egregious stuff.
http://www.vanityfair.com/news/2016/10/donald-trump-financial-troubles-taxes-1990s
I suppose now with having Mueller do an investigation (who brought on a fraud specialist), maybe some of that will eventually be done.
George II
(67,782 posts)BumRushDaShow
(129,444 posts)debt apparently covered by liens on his various properties.
Iplayoneontv
(77 posts)I gave up trying to read it. Trump seems to have a thousand LLCs. It's insane. I mean I could see a hundred or so but he's clearly passing debts around.
BumRushDaShow
(129,444 posts)tied up in collateralized debt obligations that investors own.
dubyadiprecession
(5,722 posts)L. Coyote
(51,129 posts)onecent
(6,096 posts)Lock the guy up...I've tried liking him and Ivanka, but...this is a horrendous amount of money.
Guess he's not getting enough problem-solving-tips for the big orange guy.
AND i DID NOT VOTE FOR DUMP!!!
Soxfan58
(3,479 posts)Who married dear old mom...Then cheated on her!!!!!!!
Barack_America
(28,876 posts)Obviously with some financial benefit to Kushner, but perhaps not through that bank.
http://www.slate.com/blogs/moneybox/2017/05/31/why_did_jared_kushner_meet_with_the_russians.html
alfredo
(60,075 posts)underpants
(182,877 posts)One building. Not several to spread out the risk. One building. And now fees are starting to kick in on top of the 6.35% rate he got.
catbyte
(34,447 posts)a Russian bank under U.S. sanctions? By their silence, the entire Republican party is complicit in treason against the United States of America.
DK504
(3,847 posts)That alone shows he needs to go, his security clearance stripped and the building seized.
Warpy
(111,339 posts)complex in Toronto, letting it go to a debt holder for about half what it cost to build. He's leveraged up to his menswear mannequin eyebrows on everything he "owns" and debt holders are starting to wonder if he's ever going to cough up. He's skipping maintenance to try to raise fast cash and gaining a reputation as a slumlord in the process, even though none of his properties were slums when he bought them.
He, like his daddy in law, is in grave danger of dying broke.
WinkyDink
(51,311 posts)ENTIRE CAMPAIGN, JUST SO THAT Trump could get his immense debt forgiven (hey, the break-up of NATO is a pretty good quo) and Kushner could pay for his white elephant of 666 5th Ave.
EVERYTHING ELSE IS DETERMINED BY RYAN, PENCE, MCCONNELL, MULVANEY, AND BANNON: the AHCA; the draconian budget; the Paris Accord decision; etc.
Trump doesn't want to govern; he's far too ignorant, indifferent, lazy, and unpatriotic to deal with being a real President.
He wants MOST to NOT DIE over the $$$$$$$$$ debt he owes Putin!