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Kushner Met With Lenders In White House Before Securing Loans

The White House and Jared Kushner expect us to believe that Kushner did not arrange loan deals for his private real estate business when he met with private equity and banking businessmen in the White House.

On its face, this is a laughable claim.

According to the New York Times, Kushner secured loans from the Apollo Global Management and Citigroup after he met with representatives from Apollo and Citigroup in the White House in 2017.

Apollo and Citigroup

“Joshua Harris, a founder of Apollo Global Management, was advising Trump administration officials on infrastructure policy. During that period, he met on multiple occasions with Jared Kushner, President Trump’s son-in-law and senior adviser, said three people familiar with the meetings. Among other things, the two men discussed a possible White House job for Mr. Harris.

“The job never materialized, but in November, Apollo lent $184 million to Mr. Kushner’s family real estate firm, Kushner Companies. The loan was to refinance the mortgage on a Chicago skyscraper.

“It was one of the largest loans Kushner Companies received last year. An even larger loan came from Citigroup, which lent the firm and one of its partners $325 million to help finance a group of office buildings in Brooklyn.”

The shortest distance between two points is a straight line. And please, let’s remember Occam’s Razor. The simplest explanation for something is usually the correct one.

The post Kushner Met With Lenders In White House Before Securing Loans appeared first on Broken Laughter.



This post first appeared on Broken Laughter, please read the originial post: here

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