Confidential memo: Company of Trump inaugural chair sought to profit from connections to admin

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https://www.rawstory.com/2019/02/confidential-memo-company-trump-inaugural-chair-sought-profit-connections-administration-foreigners/

investment firm founded by the chairman of Donald Trump’s inaugural committee, Tom Barrack, developed a plan to profit off its connections to the incoming administration and foreign dignitaries, according to a confidential memo obtained by WNYC and ProPublica.

“The key is to strategically cultivate domestic and international relations while avoiding any appearance of lobbying,” the memo says. Colony, which primarily invests in real estate, sought to capitalize on its access to the White House to get an early lead on infrastructure investments and to attract assets from potential investors.


Federal prosecutors in Manhattan on Monday subpoenaed documents from the nonprofit 58th Presidential Inaugural Committee, including anything related to foreign donations. Such donations to presidential inaugural committees are barred by law. Investigators are probing whether foreigners gave money in exchange for influence with the incoming Trump administration, NBC News reported.

The memo, from Barrack’s investment firm, then called Colony NorthStar, is dated February 2017, just a month after the inaugural festivities organized by Barrack, who is a longtime Trump friend.

The Colony memo shows how the company was positioning itself to take advantage of Barrack’s relationship with Trump and foreign officials immediately after the president was sworn in. Barrack hosted a chairman’s dinner during inaugural week, with his own invite list, which included businesspeople and foreign dignitaries.

“‘Contact’ — ‘Cultivation’ — ‘Conversion’ should be the mantra and objective of Colony NorthStar’s international program in DC and internationally,” the memo said. No other firms “can currently match the relationships or resources that we possess,” it added.

The memo outlines a “strategic plan” for Colony, which now has $44 billion under management, to ramp up its operations in Washington and open an office there. It envisions “setting up roundtables between Ambassadors and members of the Administration to cultivate relationships” in areas including infrastructure and plans to “tie into international bilateral meetings already occurring with key members of the Trump Administration. This would include taking a leadership role in forming the events, the participants, and the agenda.”

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Its clear who set this up and who was to profit from it...one person...TRUMP.