'Nasty Women' News
Russia In Our Faces News
Jared Kushner Lawyers Up
Presidential son-in-law Jared Kushner has retained well-known Washington DC heavyweight Abbe Lowell to advise him in ongoing proceedings around the Russian investigation, according to The Washington Post.
“When Bob Mueller left WilmerHale to become special counsel and three of our colleagues joined him, we asked Mr. Kushner to get independent legal advice on whether to continue with us as his counsel,” said Kushner's attorney Jamie Gorelick. “He engaged Abbe Lowell to advise him and then decided to add Mr. Lowell to the team representing him in the various inquiries into the Russia matter.”
Lowell is the chair of Chadbourne's white-collar defense, regulatory investigations and litigation group.
On Sunday evening, The Washington Post published news of a $285 million loan Kushner's real estate company finalized one month before Election Day. Many experts say that Kushner's family business is seriously over-extended financially -- with the biggest albatross 666 Fifth Avenue still searching for a financial bailout
Kushner Meeting Shines Spotlight on Russian Bank
Jared Kushner got a $300 million loan in early Oct 2016 from Deutschbank but it wasn't for 666 Fifth Ave in Manhattan, the real albatross around his neck. You really have to wonder -- since the Chinese bailed on 666 Fifth Ave right after the election -- if Kushner wasn't trying to get a loan directly from the Kremlin in his Dec 2016 meeting with VEB's chairman Sergei Gorkov .
Without a banking licence, central bank regulation or an independent board, VEB is not a bank in any conventional sense, writes The Financial Times. VEB is essentially an instrument of the Kremlin that has become a special-purpose vehicle to support priority projects from Moscow. Translated: VEB projects do the bidding of Vladimir Putin.
Small World: Deutsche Bank Appoints New Russia Head
Deutsche Bank has appointed Borislav Ivanov to head up its troubled Russia operations amid continued fallout over allegedly illicit operations carried out for Russian clients and the lender’s ties to the family of US president Donald Trump.
Deutsche folded its Russia-based investment banking business, choosing to downsize its Moscow operation after regulators in the US and UK charged it with laundering $10bn in Russian clients’ money through “mirror trading” schemes. The bank paid $630m to settle the allegations this year, but remains under investigation by US Department of Justice.
Recently, a group of five Democratic lawmakers on the House Financial Services Committee wrote a letter to Deutsche asking for all documents pertaining to any bank loans to Mr Trump, as well as its internal review of the “mirror trading” scheme. Lawmakers have said they are “in the dark” on whether the Russian government guaranteed or were in any way connected with loans extended by Deutsche to Mr Trump. Deutsche bank has refused to turn over documents, citing customer privacy laws."