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Judd Legum @JuddLegum
, 10 tweets, 4 min read Read on Twitter
1. THE FOG OF TRUMP

"The enemy of the people," LeBron James, the "RIGGED WITCH HUNT"

You probably haven't hear much about the Kushners' selling their $1B+ tower from hell

But you should.

Let's review

popular.info/p/jared-kushne…
2. In 2007, a young Jared Kushner bought 666 5th Avenue for $1.8 billion, at the peak of the real estate bubble.

His timing couldn't have been worse. The recession hit, the commercial real estate market collapsed and the tower started hemorrhaging money

popular.info/p/jared-kushne…
3. Just 8 DAYS after the election Jared was at the Waldorf Astoria pitching Anbang, a company with mysterious connections to the Chinese government, on a bailout

He didn't have time to waste. A $1.2 billion mortgage was coming due

popular.info/p/jared-kushne…
4. In March 2017, Anbang offered an extraordinary bailout package to rescue the tower and send the Kushners' $400M in cash

(By this time, Jared had transferred his interest in the property to his mother and brother but experts called it a "shell game.")

popular.info/p/jared-kushne…
5. Jared, COMPLETELY COINCIDENTALLY, was acting as the administration's main liaison to China.

The deal with Anbang collapsed under a mountain of criticism about conflicts-of-interest

Then Jared's father, a convicted felon, got to work

popular.info/p/jared-kushne…
6. Charles Kushner pitched the Qatari government on a bailout. They didn't bite.

Jared then supported an economic blockade of Qatar by Saudi Arabia and the UAE

The clock was ticking

popular.info/p/jared-kushne…
7. On Friday, with the $1.2 billion mortgage coming due in months and traditional financing unavailable, the Kushners got their bailout package from a Canadian company called Brookfield.

Their top investor? The government of Qatar.

popular.info/p/jared-kushne…
8. Brookfield says that the subsidiary involved in the transaction has no "Qatari connection"

So who are they investors behind the deal? They won't say.

Do they have interests w/the Trump administration? No one knows.

popular.info/p/jared-kushne…
9. One person who isn't ignoring 666 5th Avenue: Robert Mueller.

He's reportedly investigating Jared's efforts to secure financing for the tower from hell

popular.info/p/jared-kushne…
10. If you value this kind of analysis, sign up for my newsletter, Popular Information. You'll get it delivered straight to your inbox four days a week.

Sign up at popular.info
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