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Cicada

(4,533 posts)

14. The Chinese bank rescinded the offer

Reply to R B Garr (Reply #3)

Sun May 21, 2017, 05:20 PM

May 2017

A Chinese bank, at least partly government owned I think, considered absorbing $400 million debt owed on 666 Madison Ave, the primary asset of the Kushner Company, in return for an equity position. The Kushner Company has negative cash flow from the building so it must somehow reduce the debt burden. Jared allegedly transferred his interest in the building to his siblings before he started working for the Government. Many smelled a possible bribe in the Chinese bank offer and maybe for that reason the deal was cancelled.

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Highlight:

Ivanka Fund got $100MM pledge from Saudis & UAE. [View all] L. Coyote May 2017 OP

Thanks, Ana Navarro, for pointing this out. Tanuki May 2017 #1

Maybe Ivanka could be kind to elderly women (and men) and use a small Frustratedlady May 2017 #2

Didn't Jared just get $300 million from the Chinese? R B Garr May 2017 #3

The Chinese bank rescinded the offer Cicada May 2017 #14

Interesting, thanks for that info. nt R B Garr May 2017 #15

So much hypocrisy SHRED May 2017 #4

Good thing her last name isn't Clinton or else the Republicans in Congress would be pissed. LonePirate May 2017 #5

I don't know what $100MM pledge....can someone please tell me..is that the onecent May 2017 #6

I'm not sure, but in our company "M" is thousand and "MM" is million. smirkymonkey May 2017 #9

Thanks smirkymonkey... Damn that's onecent May 2017 #10

I would guess a Spanish influence.. EX500rider May 2017 #12

But muh Clinton Foundation! Ace Rothstein May 2017 #7

republican grifters on the make. Achilleaze May 2017 #8

If ever there is a grifter convention, the trumps and kushners have it down pat. Winners!..n/t monmouth4 May 2017 #11

Rich person - Matthew 19:24 Kleveland May 2017 #13

Same day they got that arms deal, the Saudis plopped $100mil into Ivanka's charity. L. Coyote May 2017 #16