The White House–#Kodak Controversy Has a New Angle:
A Billionaire’s Huge Stock Gift to a Synagogue
He donated 3 million Kodak shares—worth up to $180 million at the time—to a relatively new Jewish congregation that has almost no public profile.
#MOG
motherjones.com/politics/2020/…
A Billionaire’s Huge Stock Gift to a Synagogue
He donated 3 million Kodak shares—worth up to $180 million at the time—to a relatively new Jewish congregation that has almost no public profile.
#MOG
motherjones.com/politics/2020/…
A #KUSHNER SCAM
The out-of-the-ordinary loan for Kodak came from a new and little-known government agency: the US International Development Finance Corporation. This outfit was created to provide foreign aid—not domestic assistance—headed by friend #AdamBoehler
The out-of-the-ordinary loan for Kodak came from a new and little-known government agency: the US International Development Finance Corporation. This outfit was created to provide foreign aid—not domestic assistance—headed by friend #AdamBoehler
#AdamBoehler, a former roommate of Jared #Kushner.
In March, Kushner tapped Boehler to be part of his shadow coronavirus task force.
In March, Kushner tapped Boehler to be part of his shadow coronavirus task force.
#Karfunkel, a major investor in #Kodak, donated those 3 million shares to an entity called #CongregationChemdasYisroel, according to an SEC filing
On July 29, the day the stock price hit $60, so those shares could have been worth as much as $180 million at the time of the gift.
On July 29, the day the stock price hit $60, so those shares could have been worth as much as $180 million at the time of the gift.
Given that #CongregationChemdasYisroel is registered as a tax-exempt religious organization, the Karfunkels will be able to CLAIM THIS DONATION as a tax deduction.
That means they could pocket a deduction between $52.5 million and $180 million for a bloc of stocks that two days
That means they could pocket a deduction between $52.5 million and $180 million for a bloc of stocks that two days
