Shame Cometh: The Jared Kushner Story [View all]
Tweet text:
Greg Olear
@gregolear
"At the time, the states hit the hardest by covid-19 were New York, New Jersey, and California. . . . He was willing to let the populations of those stateshome to his family and friendsget sick and die to help his father-in-laws re-election prospects."
gregolear.substack.com
Shame Cometh: The Jared Kushner Story
A tale of hubris and disgrace.
6:00 AM · Feb 8, 2022
https://gregolear.substack.com/p/shame-cometh-the-jared-kushner-story
*snip*
The son was tall and quiet, like his mother. He was intellectually lazy and not particularly smart, but was always convinced he knew better than anyone else, despite ample evidence to the contrary.
He got ho-hum grades in high school. His SAT tests were subpar. He applied to Harvard, but was only accepted after his father donated millions to the school.
He had an unusual college experience. On weekends he flew to Alabama to visit his father in prison. While taking classes, he ran some of the family real estate concerns in Boston. He did not leave a mark at the school. Little about him was memorable.
When he graduated, he went to work for the family real estate business. His big idea was to buy a building on Fifth Avenue in Manhattan. The cost was staggering: $1.8 billion. The deal closed in 2007, at the height of the boom. The real estate market collapsed, along with the rest of the economy, within months of the ink drying. The building was underwater. The debt service was onerous, threatening to bankrupt the family business. He was willing to do almost anything to prevent that from happening. If the investment failed, if the company failed, that meant that he had failedthat he hadnt been right. And he was always right.
*snip*