Michael Milken went to jail for insider trading - now Mnuchin, Kushner, Giuliani are lobbying Trump to pardon his crimes and Milken is benefitting from two projects in opportunity zones personally designated by Mnuchin, by @EricLiptonNYT @JesseDrucker
nytimes.com/2019/10/26/bus…
nytimes.com/2019/10/26/bus…
This story on Michael Milken is a great example of the decades of grift around Trump - Milken’s case was presided over by Judge Kimba Wood who also sentenced Michael Cohen. And in an example of how far Giuliani has fallen, he was the Manhattan AG who indicted Milken
More on how Opportunity Zones are opportunities for the rich
Jared Kushner is benefitting from Opportunity Zones in several ways - through Kushner Companies new development in Florida
And Kushner benefits from Opportunity Zones through his stake in Cadre valued at up to $50 million - Cadre is raising money to invest in Opportunity Zones
Should clarify tweet above stating Giuliani indicted Milken - the indictment was federal but the case and charges were brought by Giuliani
washingtonpost.com/archive/busine…
washingtonpost.com/archive/busine…
Highlight from today's NYT story - Mnuchin instructed Treasury staff to ignore guidelines to designate property in Nevada co-owned by Michael Milken as an Opportunity Zone
Thread including link to memo highlighting concerns from IRS Treasury career personnel about what could be seen as an overtly political push by Mnuchin to revise rules dictating what parts of the US could be called Opportunity Zones
