[Note to the board: this OP isn't about Joe Biden, Hunter Biden, Burisma, or Ukraine. Stay on topic of the OP. Additional derails will be rewarded with bans. There's your warning -- Staff]

While collecting millions in management fees, Kushner says he is just now poised to invest in his first Israeli company…. "Deployment has been slower than expected because we maintained high standards," Kushner said. "In retrospect, I'm glad we didn't follow the herd…."
Critics say that Kushner's ability to collect substantial fees while making few investments fuels concerns that the Saudi money was payback for helping the kingdom in the White House and an effort to secure access to the Trump family if Trump returns to the White House in 2025.
https://www.wsj.com/world/middle-east/jared-kushners-deal-making-career-off-to-sluggish-start-d245fea8
The Saudis due diligence panel did say the management fee "seems excessive" in addition to finding his firm inexperienced and its operations "unsatisfactory in all aspects." But MBS knows what he is doing.
The sons of U.S. Presidents are really banking off of access. What a country we have.
(nothing to see here meme)

Predictable deflections. Do better, Trumpians

What email alias did Trump use to communicate with the monarchs and what shell company did they use to hide it and pay 10% to Trump? Did Trump get in a phone call too?

Do you know?

President Trump did not help the kingdom. Debunked.

What is the typical management fee or a fund? 1%, 2%. Probably about 1% at that size, so $20M.

If influence was being peddled, prove it and prosecute. Root out all corruption in government and prosecute it indiscriminately. This is not a team sport.

Based on what I have seen for the last 7 years, I am going to need to see some proof besides a known investment manager being paid to invest. When I see some proof I will be screaming for timely investigation and prosecution

[We were very clear this is not about Joe or Hunter Biden -- Staff]

Muktheduck said:

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Kushner is a dirty rat. He and Hunter have been the most high profile of the last two presidencies, but don't kid yourself; there are plenty of people peddling influence in foreign countries to the tune of millions of dollars.

Our government is fantastically corrupt and self serving

---

Except Kushner actually has a history of success, unlike some of the other nepo babies you libs turn a blind eye to.

[Ditto -- Staff]

[Ditto -- Staff]

There actually is a current article about the Trump family receiving a boat load of money from foreign businesses. I wonder if they'll be held accountable or if this will be another example of a 2 tier system?

https://www.yahoo.com/news/trump-foreign-business-scandalous-unless-113549485.html

[If you want to start a thread on the Bidens or Ukraine, go for it. But we're not going to let this one digress into a derail. It is inconsiderate to other posters -- Staff]

Kvetch said:

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Muktheduck said:

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Kushner is a dirty rat. He and Hunter have been the most high profile of the last two presidencies, but don't kid yourself; there are plenty of people peddling influence in foreign countries to the tune of millions of dollars.

Our government is fantastically corrupt and self serving

---

Except Kushner actually has a history of success, unlike some of the other nepo babies you libs turn a blind eye to.

---

What do you suppose he did that earned that $2 Billion from the Saudis?

So, the actual article, for those who don't want to log in/deal with that, identifies that he was actually/likely pretty smart not to rush in and make investments in an over-heated market, on the basis of sitting down for a few days last spring (2022) in Tel Aviv to hear pitches:

Quote:

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Jared Kushner set up last year at Tel Aviv's Hilton Hotel overlooking the Mediterranean Sea, aiming to spend some of the $3 billion that Gulf nations had pledged for him to invest.

For five days, Kushner and his team at Affinity Partners listened to pitches from promising Israeli companies hoping to secure funding from the former White House senior adviser, who is also former President Donald Trump's son-in-law.

Kushner had raised the money from Saudi, Emirati and Qatari investors, after presenting himself as a unique business leader able to bridge the region's economic and cultural divides. To that end, he had secured unique approval from Saudi Crown Prince Mohammed bin Salman to invest the kingdom's money in the Jewish nation for the first time.

Kushner left Tel Aviv last spring without writing any checks.

More than a year later, while collecting millions in management fees, Kushner says he is just now poised to invest in his first Israeli company.

Kushner admits that he has been slow to sign deals and sees that as savvy business sense. Affinity opened its doors in the midst of an overheated investment market, especially in Israel, with dozens of aspiring companies vying for Kushner's attention. Then the market crashed and business confidence in Israel took a beating amid the country's political fight over polarizing changes to the judicial system that helped drive private funding in Israeli startups to a five-year low in the first half of 2023, according to the Israeli nonprofit Start-Up Nation Central.

---

The market, for those who haven't paid a lot of/any attention the past 12 months, has been a train wreck.

Quote:

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Over its first two years, Affinity looked at more than 1,000 companies and signed deals with six. Kushner agreed to invest $700 millionabout 20% of the fund.

Affinity invested $150 million in Dubizzle, a classified-ads site in the United Arab Emirates, and $200 million in Mosaic, an Oakland, Calif.-based firm that makes loans to residential solar projects. Last month, Affinity added a seventh deal by investing another $110 million in EGYM, a Munich-based fitness technology company.

As part of the deal, Saudi Arabia agreed to a special carve-out that allowed Affinity to invest the kingdom's funds in Israel, even though the two nations have no official diplomatic relations. Qatar, which also has no official relations with Israel, also gave Affinity similar permission, Kushner said.

But Affinity made little headway in Israel, a key proving ground for Kushner, who was looking to capitalize on his White House work in the Middle East and his close ties with the region's powerful leaders. Kushner said he and his team looked at over 100 Israeli companies, including Papaya Holdings, a global payroll and payment management site, and Phoenix Holdings, a leading Israeli financial services group.

---

So, the substance of the complaint/allegation, to the extent there is one, is that Trump's jewish son in law, has been slow to invest over the past year in Israeli companies with arab money his firm manages (Saudi/UAE/Qatar mostly).

I'm just surprised he hasn't been indicted yet, on that basis. LOLZ, got him this time, right Dems!

[Ditto -- Staff]

Opalka said:

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Kvetch said:

---

Muktheduck said:

---

Kushner is a dirty rat. He and Hunter have been the most high profile of the last two presidencies, but don't kid yourself; there are plenty of people peddling influence in foreign countries to the tune of millions of dollars.

Our government is fantastically corrupt and self serving

---

Except Kushner actually has a history of success, unlike some of the other nepo babies you libs turn a blind eye to.

---

What do you suppose he did that earned that $2 Billion from the Saudis?

---

Buying 666 5th Avenue on the eve of the financial crisis, putting down a mere $50 million, borrowing the rest, and then having the Qataris buy it while he's working in the U.S. Executive.

Opalka said:

---

There actually is a current article about the Trump family receiving a boat load of money from foreign businesses. I wonder if they'll be held accountable or if this will be another example of a 2 tier system?

https://www.yahoo.com/news/trump-foreign-business-scandalous-unless-113549485.html

---

Good Lord, how can one be this freaking clueless? If kushner so much as jaywalked he'd be in jail by now.

If they had anything, he'd be toast. They don't, so they'll do the next best thing and push the story through their reliable mouthpieces in the media.

So actual experienced business person engages in business? Shocking.

Did you read the article? He was paid FOR A SERVICE that he is very good at delivering.

The size of Kushner's deal is stunning. He worked in the administration and specifically with the Saudis. Then he gets this billion dollar deal?

nortex97 said:

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So, the actual article, for those who don't want to log in/deal with that, identifies that he was actually/likely pretty smart not to rush in and make investments in an over-heated market, on the basis of sitting down for a few days last spring (2022) in Tel Aviv to hear pitches:

Quote:

---

Jared Kushner set up last year at Tel Aviv's Hilton Hotel overlooking the Mediterranean Sea, aiming to spend some of the $3 billion that Gulf nations had pledged for him to invest.

For five days, Kushner and his team at Affinity Partners listened to pitches from promising Israeli companies hoping to secure funding from the former White House senior adviser, who is also former President Donald Trump's son-in-law.

Kushner had raised the money from Saudi, Emirati and Qatari investors, after presenting himself as a unique business leader able to bridge the region's economic and cultural divides. To that end, he had secured unique approval from Saudi Crown Prince Mohammed bin Salman to invest the kingdom's money in the Jewish nation for the first time.

Kushner left Tel Aviv last spring without writing any checks.

More than a year later, while collecting millions in management fees, Kushner says he is just now poised to invest in his first Israeli company.

Kushner admits that he has been slow to sign deals and sees that as savvy business sense. Affinity opened its doors in the midst of an overheated investment market, especially in Israel, with dozens of aspiring companies vying for Kushner's attention. Then the market crashed and business confidence in Israel took a beating amid the country's political fight over polarizing changes to the judicial system that helped drive private funding in Israeli startups to a five-year low in the first half of 2023, according to the Israeli nonprofit Start-Up Nation Central.

---

The market, for those who haven't paid a lot of/any attention the past 12 months, has been a train wreck.

Quote:

---

Over its first two years, Affinity looked at more than 1,000 companies and signed deals with six. Kushner agreed to invest $700 millionabout 20% of the fund.

Affinity invested $150 million in Dubizzle, a classified-ads site in the United Arab Emirates, and $200 million in Mosaic, an Oakland, Calif.-based firm that makes loans to residential solar projects. Last month, Affinity added a seventh deal by investing another $110 million in EGYM, a Munich-based fitness technology company.

As part of the deal, Saudi Arabia agreed to a special carve-out that allowed Affinity to invest the kingdom's funds in Israel, even though the two nations have no official diplomatic relations. Qatar, which also has no official relations with Israel, also gave Affinity similar permission, Kushner said.

But Affinity made little headway in Israel, a key proving ground for Kushner, who was looking to capitalize on his White House work in the Middle East and his close ties with the region's powerful leaders. Kushner said he and his team looked at over 100 Israeli companies, including Papaya Holdings, a global payroll and payment management site, and Phoenix Holdings, a leading Israeli financial services group.

---

So, the substance of the complaint/allegation, to the extent there is one, is that Trump's jewish son in law, has been slow to invest over the past year in Israeli companies with arab money his firm manages (Saudi/UAE/Qatar mostly).

I'm just surprised he hasn't been indicted yet, on that basis. LOLZ, got him this time, right Dems!

---

I'm thinking this thread just took a turn the OP failed to research. Not nearly the "gotcha" he thought it was.

Opalka said:

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There actually is a current article about the Trump family receiving a boat load of money from foreign businesses. I wonder if they'll be held accountable or if this will be another example of a 2 tier system?

https://www.yahoo.com/news/trump-foreign-business-scandalous-unless-113549485.html

---

He and his family have been involved in business in foreign countries for decades...long before he was ever involved in politics.

It's not surprising that his business receives a boatload of money due to that.

This is not the gotcha that the left thinks it is. It just shows that Trump is a good businessman and makes a lot of money doing that...

Perma-bans for anyone who posts articles that are behind a paywall!

The other really ignorant miscalculation of this thread is the fact that literally EVERYTHING any Trump affiliated person has EVER done in their entire lives has been unfairly examined, unearthed, scrutinized, investigated and analyzed by every single bureaucracy, department, governmental office, etc for the last six years. If there were ANY semblance of impropriety by Kushner, it would have been wall to wall news on every media outlet 24-7.

But alas…

I think its definitely shady, just like the majority of transactions like this that involve ALL politicians and their friends/family. Our whole political system is one big grift.

Opalka said:

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Kvetch said:

---

Muktheduck said:

---

Kushner is a dirty rat. He and Hunter have been the most high profile of the last two presidencies, but don't kid yourself; there are plenty of people peddling influence in foreign countries to the tune of millions of dollars.

Our government is fantastically corrupt and self serving

---

Except Kushner actually has a history of success, unlike some of the other nepo babies you libs turn a blind eye to.

---

What do you suppose he did that earned that $2 Billion from the Saudis?

---

He was a successful businessman that had been doing investments for a decade prior to Trump being POTUS. He had made LOTS of money for himself and others.

THAT is what he did to earn the $2billion INVESTMENT.

Just because other people with no experience have had deals like this does not mean that HIS deal was wrong in any way.

Hell...Kushner was one of the chief negotiators of the Abraham Accords. Peace in the middle east will help all those countries make more money. Maybe they were happy with him about that...

Opalka said:

---

Kvetch said:

---

Muktheduck said:

---

Kushner is a dirty rat. He and Hunter have been the most high profile of the last two presidencies, but don't kid yourself; there are plenty of people peddling influence in foreign countries to the tune of millions of dollars.

Our government is fantastically corrupt and self serving

---

Except Kushner actually has a history of success, unlike some of the other nepo babies you libs turn a blind eye to.

---

What do you suppose he did that earned that $2 Billion from the Saudis?

---

He didn't earn 2 Billion

For the record, I won't be voting for Trump. If he's the nominee, I'm staying home in Nov. 2024. That said, the OP is ridiculous. Clearly way too many people don't understand how investment funds work. It's not like a mutual fund where it's fully invested as soon as you send in your money. These funds park their money in short term investments that are very safe and make enough money to cover their fees. As suitable investment opportunities arise, they deploy the capital needed. This ridiculous hypercriticism of all things Trump is just moronic. The Saudis can pull their investment at any time, and if they felt Kushner was not performing, they wouldn't hesitate. I'm just amazed at how much some people comment on issues about which they are ignorant.

GeorgiAg said:

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The size of Kushner's deal is stunning. He worked in the administration and specifically with the Saudis. Then he gets this billion dollar deal?

---

He was doing 9-10 figure business deals prior to Trump becoming POTUS.

Why would it be surprising that he's doing 9-10 figure business deals AFTER Trump was POTUS?

AG81 said:

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For the record, I won't be voting for Trump. If he's the nominee, I'm staying home in Nov. 2024. That said, the OP is ridiculous. Clearly way too many people don't understand how investment funds work. It's not like a mutual fund where it's fully invested as soon as you send in your money. These funds park their money in short term investments that are very safe and make enough money to cover their fees. As suitable investment opportunities arise, they deploy the capital needed. This ridiculous hypercriticism of all things Trump is just moronic. The Saudis can pull their investment at any time, and if they felt Kushner was not performing, they wouldn't hesitate. I'm just amazed at how much some people comment on issues about which they are ignorant.

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But but but TRUMP!!!!!!!!!

etxag02 said:

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[Note to the board: this OP isn't about Joe Biden, Hunter Biden, Burisma, or Ukraine. Stay on topic of the OP. Additional derails will be rewarded with bans. There's your warning -- Staff]

While collecting millions in management fees, Kushner says he is just now poised to invest in his first Israeli company…. "Deployment has been slower than expected because we maintained high standards," Kushner said. "In retrospect, I'm glad we didn't follow the herd…."
Critics say that Kushner's ability to collect substantial fees while making few investments fuels concerns that the Saudi money was payback for helping the kingdom in the White House and an effort to secure access to the Trump family if Trump returns to the White House in 2025.
https://www.wsj.com/world/middle-east/jared-kushners-deal-making-career-off-to-sluggish-start-d245fea8
The Saudis due diligence panel did say the management fee "seems excessive" in addition to finding his firm inexperienced and its operations "unsatisfactory in all aspects." But MBS knows what he is doing.
The sons of U.S. Presidents are really banking off of access. What a country we have.
(nothing to see here meme)

---

I'm sure Kushner getting $2 Billion from the Saudis was with no strings attached.

LMCane said:

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etxag02 said:

---

[Note to the board: this OP isn't about Joe Biden, Hunter Biden, Burisma, or Ukraine. Stay on topic of the OP. Additional derails will be rewarded with bans. There's your warning -- Staff]

While collecting millions in management fees, Kushner says he is just now poised to invest in his first Israeli company…. "Deployment has been slower than expected because we maintained high standards," Kushner said. "In retrospect, I'm glad we didn't follow the herd…."
Critics say that Kushner's ability to collect substantial fees while making few investments fuels concerns that the Saudi money was payback for helping the kingdom in the White House and an effort to secure access to the Trump family if Trump returns to the White House in 2025.
https://www.wsj.com/world/middle-east/jared-kushners-deal-making-career-off-to-sluggish-start-d245fea8
The Saudis due diligence panel did say the management fee "seems excessive" in addition to finding his firm inexperienced and its operations "unsatisfactory in all aspects." But MBS knows what he is doing.
The sons of U.S. Presidents are really banking off of access. What a country we have.
(nothing to see here meme)

---

I'm sure Kushner getting $2 Billion from the Saudis was with no strings attached.

---

What are those strings?

Hungry Ojos said:

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Did you read the article? He was paid FOR A SERVICE that he is very good at delivering.

---

It's funny.

This is his wheelhouse. It's what he does, and has done for many years. Debate his professional merits if you wish, but he's an ivy-league educated guy, who is actually qualified for this work based on experience.

Hunter on the other hand, was kicked out of the military, in and out of rehab, and was appointed to boards, and given exorbitant amounts of investment money for industries he had ZERO experience. As in, him and his model friend literally handed millions upon millions, for 'investing and consulting'.

It's wild to see how differently they're treated, when in context.

All corruption needs to be rooted out, period. We have always had corruption that we could count on the press to find and expose. The problem now is the left will fake stories and protect and deflect for the left so that on the right there is no way to determine if the charges are legit. If you lefties can't be anything other than a useful idiot or willfully ignorant our country is lost.

Only investing 20% of funds in two years is normal?

etxag02 said:

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Only investing 20% of funds in two years is normal?

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In a ****ty market? Should he have tossed it all in so he could watch it lose money?

Tell me you don't know how to invest without telling me you don't know how to invest...