MSNBC The 11th Hour With Stephanie Ruhle June 4, 2024 03:40:00
One and a quarter percent for mr. kushner's. so on a two billion dollar investment, that would pay kushner's firm 25 million bucks a year. 25 million bucks a year before he even makes one single investment, he gets to take that home. now steve mnuchin, like him or not, actually has a good track record as an investor. how can i explain this, jet gets an extra quarter point kiss? >> as you know stuff, first of all, these rates are actually lower than your typical two and 20 model 2% management fee for a private equity fund, but yes, even within that, you have a clear contrast between mnuchin and...