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All posts tagged "Nepotism"

Jared Kushner is backing a 'hostile takeover' of US infrastructure: analysis

Jared Kushner is backing a 'hostile takeover' of US infrastructure: analysis

Salon reporter Sophia Tesfaye says “the speed and scale of Jared Kushner’s re-emergence can’t be overstated,” and neither can his corruption.

“In the first year of Donald Trump’s second presidency, his son-in-law is casually consolidating economic and political power with staggering speed,” said Tesfaye. “Kushner has positioned himself at the center of the biggest media merger in years and at the fulcrum of White House foreign policy, all while taking in multi-billion-dollar investments from autocratic governments.”

Tesfaye said Paramount Skydance recently launched a bid to acquire Warner Bros. Discovery through a hostile takeover. Paramount’s offer draws heavily from Kushner’s investment firm, Affinity Partners, and from the sovereign wealth funds of Middle Eastern autocracies Saudi Arabia, the United Arab Emirates and Qatar. Which would give them — and Kushner — influence over some of America’s most powerful news and cultural engines...