[Breitbart] Mr. Kushner co-founded Cadre in 2014 with his brother Joshua and Ryan Williams, a 29-year-old friend and former employee of Kushner Cos., the family-controlled business that Mr. Kushner ran until recently...
Cadre also secured a $250 million line of credit from the family office of George Soros, a top Democratic donor whom Mr. Trump criticized during his presidential campaign, the people close to the company said. Mr. Soros’s family office is also an investor in Cadre.
[Kushner’s lawyer Jamie] Gorelick said the Cadre stake is described in a revised version of [Kushner’s] financial-disclosure form that will be made public after it has been certified by ethics officials. She said Mr. Kushner has previously discussed his Cadre ownership with the Office of Government Ethics and that Mr. Kushner has "resigned from Cadre’s board, assigned his voting rights, and reduced his ownership share." A spokesman for the Office of Government Ethics didn’t immediately respond to a request for comment.
Jamie S. Gorelick is an American lawyer who served as the Deputy Attorney General of the United States from 1994 to 1997, during the Clinton administration.
| Is that why she is revealing things that, it seems to me, her fiduciary duty requires her to keep confidential at least until the client makes them public? I also note that having a line of credit is not the same as borrowing money; it is a way of nailing down the possibility of quickly borrowing money in the future, should an opportunity arise making it necessary. Mr. Wife and I had a line of credit from our bank for years that we never touched, because we never needed to -- it came with the bank account Mr. Wife's company had us open so they could pay him more easily when they sent us to Germany, and it would have been useful in an emergency. |
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