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getagrip_already

(15,273 posts)

16. lets not forget.....

Reply to babylonsister (Original post)

Mon Apr 9, 2018, 11:54 AM

Apr 2018

that most of that $500M in loans already obtained is secured by jared personally. Meaning he didn't put up any collateral and can basically tell the lenders to go pound sand if he defaults.

So it isn't just the loan source we need to look at, it's the terms. He can effectively default and the lenders can't even grab the building back. He doesn't own it. The family business does.

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17 replies

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Highlight:

Jared Kushners $1.2 billion miracle [View all] babylonsister Apr 2018 OP

Isn't it known that Jarvanka blugbox Apr 2018 #1

Access to the 'president' I assume spanone Apr 2018 #2

Hope the IRS is paying attention as much as Mueller. BSdetect Apr 2018 #3

While we stress about our taxes this week Capperdan Apr 2018 #4

let me guess NewJeffCT Apr 2018 #5

Exactly what I was going to say ... aggiesal Apr 2018 #6

It could also have been the Saudis NewJeffCT Apr 2018 #9

+1. dalton99a Apr 2018 #10

Dirty, dirty, dirty money UpInArms Apr 2018 #7

Unbelievable the way these pigs throw money around.. mountain grammy Apr 2018 #8

Wait! Wait! Wait! Are these Kushner mid-priced apartments in New Jersey bucolic_frolic Apr 2018 #11

Lots of hinting that Kushner may have sold intelligence to Saudi Arabia / Gulf re Iran for loans. nt Bernardo de La Paz Apr 2018 #12

THIS! Maraya1969 Apr 2018 #15

$1.2 billion is not small change, so only one question needs to be asked DFW Apr 2018 #13

A man with no income from his job . . . gratuitous Apr 2018 #14

lets not forget..... getagrip_already Apr 2018 #16

The most likely source is the Saudis, a classic quid pro quo. SunSeeker Apr 2018 #17