Kushner Cos. fights to prop up its Manhattan tower.
BLOOMBERG.COM
Kushner Cos. fights to prop up its Manhattan tower.
BLOOMBERG.COM
Bloomberg Asia
New details have emerged about the family’s troubled finances and its overseas fundraising efforts.
New details have emerged about the family’s troubled finances and its overseas fundraising efforts.
Robert Reich
The Kushner family business is feverishly trying to track down international investors to cover hundreds of millions of dollars in debt, and Jared's proximity to power has become a major selling point.
In May, it was reported that the Kushners were touting their connections to the Trump administration in pitches to Chinese investors. They even hyped a special visa program as part of the sale. It now appears that was only the tip of the iceberg.
As the family's real estate projects falter and debt piles up, Kushner has turned to foreign investors, who want to quickly offload money in the United States. Over the past two years the company has pursued investors in China, Israel, Qatar, South Korea, and France. Not surprisingly, foreign interest spiked shortly after Trump won the Republican nomination.
Now, Jared holds one of the most influential posts in Trump's White House, working on everything from tech policy to Middle East peace negotiations. Just when you think the conflicts of interest couldn't get any worse, the Trump administration always finds a way to trample ethics even further.
What do you think?
The Kushner family business is feverishly trying to track down international investors to cover hundreds of millions of dollars in debt, and Jared's proximity to power has become a major selling point.
In May, it was reported that the Kushners were touting their connections to the Trump administration in pitches to Chinese investors. They even hyped a special visa program as part of the sale. It now appears that was only the tip of the iceberg.
As the family's real estate projects falter and debt piles up, Kushner has turned to foreign investors, who want to quickly offload money in the United States. Over the past two years the company has pursued investors in China, Israel, Qatar, South Korea, and France. Not surprisingly, foreign interest spiked shortly after Trump won the Republican nomination.
Now, Jared holds one of the most influential posts in Trump's White House, working on everything from tech policy to Middle East peace negotiations. Just when you think the conflicts of interest couldn't get any worse, the Trump administration always finds a way to trample ethics even further.
What do you think?
Vanity Fair
Steve Bannon's war on Jared Kushner is about to get dirty. And he wants Reince Priebus to tell the F.B.I. everything he knows about the firing of James Comey.
