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Wendy Siegelman Profile picture
@WendySiegelman
Aug 7, 2019 • 5 tweets • 2 min read • Read on X
A note about Stephen Ross (Equinox, SoulCycle owner) hosting a Trump fundraiser

Ross is Chairman/founder of The Related Companies and is invested in Trump in another way

In 2017 The Related Companies bought an $80 million stake in Ladder Capital - the 2nd largest Trump creditor
Stephen Ross is on this chart from 2017 - he also coincidentally is a client of Rosemary Vrablic at Deutsche, the woman who helped secure massive loans for Trump and Kushner
medium.com/@wsiegelman/tr…
I've said this before and I'll say it again - how most MSM have ignored Ladder Financial, given the role they have as 2nd largest creditor to Trump, is beyond me.

Oh and Trump Org CFO Allen Weisselberg's son is Exec Dir of the originations team at Ladder
* Ladder Capital
To be clear, there's nothing showing The Related Companies $80 mil investment in Ladder Capital is connected directly to Trump loans - Related is a minority shareholder of Ladder, which is a significant Trump creditor

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More from @WendySiegelman

Wendy Siegelman Profile picture
Nov 1
A🧵on Ryan Girdusky (banned by CNN for racist remark inciting violence) and financial links to Leonard Leo

In 2022 a nonprofit closely linked to Leo called The Concord Fund gave $270K to Girdusky's nonprofit and Leo's Marble Trust paid $888K to a firm run by Girdusky's relatives Image
In 2022 the Concord Fund (formerly JCN) run by Ann Corkery gave $270,000 to Ryan Girdusky's 1776 Education Project. Ann & husband Neil are tied closely to Leonard Leo. Neil is CFO of Leo's for profit CRC Advisors which The Concord Fund has paid over $20mil
projects.propublica.org/nonprofits/org…Image
Ryan Girdusky's 1776 Education Project nonprofit filing for 2022 shows total contributions of $210,000 - less than $270,000 in The Concord Fund filing (perhaps due payment timing) but it appears the Leo-linked fund may fully support Girdusky's nonprofit

projects.propublica.org/nonprofits/org…
Read 6 tweets
Wendy Siegelman Profile picture
Oct 28
NEW: Elon Musk’s pro-Trump America PAC has spent $144 million and over 40% went to Phil Cox - I analyzed FEC filings and found that $61.7 million was paid to firms linked to former GOP and DeSantis operative Phil Cox, who helps run America PAC, my latest:
newstracs.com/musks-america-…
America PAC received $140 million and Musk funded $118.5 million

Betsy DeVos, Trump’s former Secretary of Education and sister of Blackwater founder Erik Prince, donated $250,000 and with 6 members of the DeVos family provided $2 million to Musk’s PAC

newstracs.com/musks-america-…
America PAC has made $144 million in payments - of those $136 million are independent expenditures - payments to influence a federal election that support or oppose specific candidates

88% of expenditures were to support Trump or oppose Harris or Biden

newstracs.com/musks-america-…
Read 9 tweets
Wendy Siegelman Profile picture
Oct 24
Today @RepRaskin & @RonWyden urge DOJ to appoint special counsel to investigate FARA violations by Jared Kushner

Kushner Acted as a Shadow Diplomat & Political Adviser to Crown Prince MBS Who Directed Billions in Saudi $ to Kushner-Owned Affinity Partners
oversightdemocrats.house.gov/news/press-rel…
Here's 8pg letter from @RepRaskin & @RonWyden to AG Merrick Garland urging DOJ to appoint a Special Counsel to investigate possible violations of the Foreign Agents Registration Act (“FARA”) by Trump’s son-in-law and former senior WH adviser, Jared Kushner
oversightdemocrats.house.gov/sites/evo-subs…Image
@RepRaskin @RonWyden Here's my latest piece on how Jared Kushner’s Saudi-funded Affinity Partners has invested over $1 billion – including in an obscure deal with WeWork’s ex-CEO Adam Neumann

newstracs.com/how-jared-kush…
Read 5 tweets
Wendy Siegelman Profile picture
Oct 15
The WSJ reported Elon Musk gave $50 million to a Stephen Miller-linked nonprofit in 2022 & they spent $90mil on media contractors. Did some of Musk's $ loop back to buy ads on X?

A look at the network of Miller, Musk & former DeSantis advisors, my latest
newstracs.com/the-wsj-report…
Musk funneled $50 million to Stephen Miller’s nonprofit through Building America’s Future, which is linked to former Ron DeSantis campaign advisors Generra Peck & Phil Cox, who both now run Elon Musk’s America PAC, which is paying vendors run by Phil Cox

newstracs.com/the-wsj-report…
Musk’s $50 million donation to Stephen Miller's nonprofit was routed through Building America’s Future run by ex-DeSantis advisors Generra Peck and Phil Cox, who run P2 Pathway Public Affairs

@MountainsStars noticed Stephen's wife Katie Miller works at P2
newstracs.com/the-wsj-report…
Read 6 tweets
Wendy Siegelman Profile picture
Oct 7
Jared and Ivanka are using political ties and $ from Gulf states to develop luxury resorts in Albania. Kushner (who is informally advising the Trump campaign) is planning a $1bil development & negotiating with foreign leaders such as Albanian PM Edi Rama.

wsj.com/real-estate/ja…
After leaving the WH on a yachting trip in Albania Jared & Ivanka were romanced by a former military island and envisioned it as a perfect destination for a luxury hotel

The land is environmentally protected but a new law allows 'ultraluxury' hotels only

wsj.com/real-estate/ja…
"Kushner turned to the leaders of Albania and Serbia to develop real estate on public land without having to go through competitive auction, drawing fire from opposition politicians in both states."

wsj.com/real-estate/ja…
Read 8 tweets
Wendy Siegelman Profile picture
Oct 5
Elon Musk Gave Tens of Millions to Republican Causes Far Earlier Than Previously Known

Musk gave $50mil+ to Stephen Miller-linked org Citizens for Sanity in 2022 and $10mil to DeSantis's presidential bid, by @DanaMattioli @joe_palazzolo @khadeeja_safdar

wsj.com/politics/polic…
In fall 2022 Musk spent $50+ million on Stephen Miller linked Citizens for Sanity to fund ad campaigns in battleground states before the midterm elections - attacking Democrats on issues such as medical care for transgender children and illegal immigration
wsj.com/politics/polic…
Stephen Miller founded America First Legal in 2021 to challenge Biden admin initiatives. Gene Hamilton, listed as president of Citizens for Sanity is executive director of America First Legal. The secretary & treasurer also work at America First Legal.
wsj.com/politics/polic…
Read 14 tweets

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