Jared Kushner didn't disclose business ties to George Soros, $1 BILLION in loans

Jared Kushner didn't disclose business ties to George Soros, Peter Thiel, and Goldman Sachs, or that he owes $1 billion in loans

• Veronika Bondarenko

• 2h 12,262

http://static3.businessinsider.com/i...1138/undefinedJared Kushner. Getty Images

Jared Kushner didn't disclose his business ties with George Soros, Peter Thiel, and Goldman Sachs, or that he owes $1 billion in loans, The Wall Street Journal reported on Tuesday.

The top White House adviser and son-in-law of Trump failed to identify his part ownership of Cadre, a real-estate startup he founded, which links him to the Goldman Sachs Group and the mega-investors George Soros and Peter Thiel, sources told The Journal.

Business Insider first reported on Kushner's involvement with Cadre last June. Here's more about what Cadre is.

Jamie Gorelick, an attorney for Kushner, told The Journal in a statement that Cadre was part of BFPS Ventures LLC, a company Kushner owns and identified in his government financial-disclosure forms.

Gorelick also said a revised version of Kushner's form that includes Cadre would be made available once ethics officials have looked at it.

Kushner also failed to identify debt of more than $1 billion from 20 lenders and personal guarantees to pay more than $300 million of that, according to The Journal.

While Gorelick called revisions to the disclosure "very normal," ethics experts told The Journal that the loans and guarantees should be disclosed so officials could decide whether Kushner needs to recuse himself from issues that involve his lenders. Investment in startups like Cadre should definitely be disclosed, experts said.

"Anything that presents a potential for the conflict of interest should be disclosed so that the public and the press can monitor this," Trevor Potter, a former chairman of the Federal Election Commission, told The Journal.

A source told The Journal that Kushner planned to recuse himself from anything that concerned Deutsche Bank or RBS, two lenders that have given him money for his properties or companies and to which he has provided personal guarantees on loans.

He still owes money to Bank of America, Blackstone Group, Citigroup, UBS, Deutsche Bank, and RBS, all of which were not disclosed, according to The Journal.

Read the full report »

SEE ALSO: Trump's son-in-law, Jared Kushner, is caught between 2 worlds, and his friends are cutting ties

http://www.businessinsider.com/jared...on-loan-2017-5

George Soros Backed Jared Kushner Venture Cadre With $250 Million

http://2xkcvt35vyxycuy7x23e0em1a5g.w...9476044428.jpg

It turns out that George Soros is the money behind a new real estate venture called Cadre which was founded by Donald Trump’s son in law Jared Kushner and his brother Joshua Kushner.

The Real Deal has uncovered the fact that George Soros was the man who provided Cadre with a $259 million line of credit. A source told the publication, “Soros has had a long and productive relationship with the Kushner family.”

The financing was provided; even though, Soros has called President Trump a “would-be dictator.”

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https://pbs.twimg.com/profile_images...e5_normal.jpegGeorge Soros
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In Lebanon, mothers cannot pass their nationality on to their children leading to statelessness in some cases. http://trib.al/BVnih0E
3:02 AM - 30 Jan 2017

https://pbs.twimg.com/card_img/85734...g&name=600x314


The Sexist Law That Leaves Children Stateless

In Lebanon, children are growing up without a country because Lebanese mothers with foreign-born husbands cannot pass on their nationality to their children.
opensocietyfoundations.org

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Cadre is an online marketplace that connects investors and operators of real estate. The company states that it enables investors to sell their interest on the secondary marketplace, thereby introducing liquidity into an antiquated industry. Cadre was founded by Ryan Williams, and Josh and Jared Kushner, and was launched in 2014.

While George Soros has provided the venture with credit, the company has so far raised $68.3 million in 2 rounds from 8 different investors, including $50 million in a series B closed just last month.

So why exactly would George Soros agree to help a new venture from Jared Kushner who is now serving as an advisor in the Donald Trump White House? After all, Soros and Trump really seem to hate one another. Well its like the famous line from “The Godfather”: Its just business, nothing personal.

Besides, George Soros offered credit to Jared Kushner and his brother Joshua Kushner and not Donald Trump.

In other George Soros news, The Irish Times is reporting that the 86 year old is now in an all out war with Hungary’s leader Viktor Orban over the latter’s attempts to limit immigration and safe haven for refugees in his country. Ironically, Orban once benefited from a scholarship provided by the Soros Foundation. George Soros was born in Hungary.

As a Holocaust survivor, Soros is especially sensitive to the plight of refugees around the world, something which can hardly be said about Hungary’s current government.

Viktor Orban built a new border fence to keep people out of Hungary just as Donald Trump would like to build a wall along America’s border with Mexico. Orban is, of course, a fan of Donald Trump while George Soros has condemned both men for their immigration policies. Orban has been accused of copying Vladimir Putin by attempting to subvert Hungarian democracy and make himself into a dictator. This is something which Soros fears Donald Trump wishes to do.

For all these reasons, George Soros sees Donald Trump as another Viktor Orban.

Orban has accused George Soros of using the Soros financed NGO Open Society Initiative for Europe to destabilize his regime. Hungarian government spokesman Zoltan Kovacs told The Irish Times, “Soros calls himself Viktor Orban’s opposition, and announces that he is engaged in a campaign with a view to altering the internal political scene in Hungary.

This is something that must be duly evaluated in the national security committee.”

If what has happened in Hungary in recent years really is a template for what Donald Trump might try to do in America, then George Soros is certainly ready to fight against this.

http://jewishbusinessnews.com/2017/0...e-250-million/

So is the "swamp" level receding as promised? From everything I've been observing recently it may actually be rising. Adding one gator to replace another is not going to get the "swamp" drained. :cry:

Jared and Ivanka need to go back to New York and run their businesses. I think they're both smart and talented in many ways, but Jared can work on the Middle East peace deal from New York. Ivanka can give her Dad ideas to consider from New York. It's like Flynn, when you can't stay out of the news, right or wrong, you become an issue, fair or not, because you're now a liability, real or not, that this administration and our dear President does not need.

AD NAUSEUM - WHO CARES @ trump's kids - or @ trump at this point - paleeze get the spoiled rich kids the hell out of the wh

Trump invited them to Washington.

He could send them home to New York.

He hasn't because they are doing exactly what he wants them to do.

Or is trump doing what they want him to do?

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Originally Posted by artist

Or is trump doing what they want him to do?

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That's sort of what I was wondering.

Quote:

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Originally Posted by MW

So is the "swamp" level receding as promised? From everything I've been observing recently it may actually be rising. Adding one gator to replace another is not going to get the "swamp" drained. :cry:

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Wait until you see all of the people mentioned as relatives of Jared, business partners, etc. in all of the articles as comments, @ In a Beijing ballroom, Kushner family flogs $500,000 investor visa to wealthy Chinese