News · moment 18 of 24
Jared Kushner's Suspiciously Convenient Business Bailouts
from Bondi, Baal, and the Dow | The Tim Dillon Show #483 · #483
5 min
News
Tim digs into Kushner's negotiating role despite a disastrous 666 Fifth Avenue real estate bet, theorizing that people who get bailed out of bad deals become beholden to whoever arranged the rescue.
- Tim questions what 'business backgrounds' actually mean when wealthy people repeatedly go bankrupt and then get bailed out.
- The Kushner family owned 666 Fifth Avenue in New York and faced serious financial problems with the building before eventually selling it.
- Kushner's father allegedly blackmailed his brother after hiring a prostitute and filming him.
- Kushner Companies purchased 666 Fifth Avenue in 2007 as Manhattan's most expensive office building deal, then struggled with debt and vacancy.
- The Kushers needed a bailout for Jared's bad real estate bet, according to reporting from 2018.
- Tim suggests that orchestrated rescues from bad investments might place recipients under obligation to those who arranged the rescue.
- Possibility that bad real estate and stock bets are rescued as a mechanism to control the people receiving the rescue.
Jared KushnerTulsi GabbardDonald Trumpprivate equityBrookfield Asset ManagementZaha Hadid Architects