Friday, August 18, 2023

"I've never seen anything like it": Economic analyst stunned at sources of Jared Kushner's funds

 https://news.yahoo.com/ive-never-seen-anything-economic-184852509.html

"But, again, we're going back to a guy who's a real estate guy, and frankly, not a particularly good one at that, who's suddenly got $3 billion trying to do private equity deals competing against people who've been in this business for a long time. And I wouldn't, if I were the Saudis, count on making a lot of money from this any time soon," he said, adding: "U.S. private equity firms still raise the vast bulk of their money from U.S. investors. This is extraordinary — unprecedented — I've never seen anything like it.

8 comments:

  1. Lesson to be learned : be respectful to a powerful prince (as kushner was) and not insulting (as Biden was)

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  2. In other words go for the money and ignore principles

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  3. One principle is to deliver lower energy costs _ by having cordial relations...

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  4. In other words Don't offend the rich and powerful - they are always right!

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  5. First of all, correct!
    Second of all, Kushner isn't the one you should be looking at. Kushner is in the private sector. He made a few good deals, knew the right people and made off like a bandit.
    You should be looking at Joe Biden, a man who officially spent his life as an elected official, didn't come from an extremely wealthy family, didn't marry very rich and is a multi-multi-millionaire. Where did that money come from?

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  6. In other words, better to give billions to Iran terror State which calls for death to America and allow them to build the bomb. Much more moral than one botched assassination of kashoggi - well known family of arms dealers.

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  7. It's not clear if the person interviewed here has rachmanus for Saudi Prince mbs, in making a bad investment, or jealousy for kushner, who is a competitor to his firm.

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  8. Well yes because Iran is anti-Trump!

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