this post was submitted on 17 Aug 2023
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United States | News & Politics

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[–] teft@startrek.website 17 points 1 year ago (3 children)

And I wouldn't, if I were the Saudis, count on making a lot of money from this any time soon,

Oh I'm sure the saudis will be making/made their investment back in non-monetary ways.

[–] Clent@lemmy.world 7 points 1 year ago

Makes more sense to consider these as payments for services already rendered.

[–] MrPhibb@reddthat.com 2 points 1 year ago

I was thinking this m'self

[–] OldFartPhil@lemm.ee 12 points 1 year ago (1 children)

But what about the source of funds for Hunter Biden’s laptop? Is anyone investigating that?

  • Gym Jordan
[–] Nusm@artemis.camp 2 points 1 year ago

And Hillary’s email!

[–] hemmes@sh.itjust.works 10 points 1 year ago

"I've never seen somebody get two-thirds of their money from a single investor

"It is normal to invest this money over a period of several years, so I don't think we can draw a firm conclusion yet. But, again, we're going back to a guy who's a real estate guy, and frankly, not a particularly good one at that, who's suddenly got $3 billion trying to do private equity deals competing against people who've been in this business for a long time. And I wouldn't, if I were the Saudis, count on making a lot of money from this any time soon," he said, adding: "U.S. private equity firms still raise the vast bulk of their money from U.S. investors. This is extraordinary — unprecedented — I've never seen anything like it."

“Unprecedented” is definitely a running theme with this circle of players.