So, is the only difference now that Israel gets a cut of the deal?!
At first I was going to disagree with this part, and just assumed corporate greed but, just like with Larry Ellison, who is the largest individual donor to the IDF (through various companies and methods), Paul Singer puts his money where his mouth is, and is involved with the IDF and Unit 8200 through his organization Start-Up Nation Central (SUNC).
So, yes, due to how Singer uses his wealth, Israel will be directly benefiting from what the US did in Venezuela.
The whole thing is just insanely corrupt. Singer bought the company - a Venezuelan subsidiary - for much, much less than it was worth...because the US had sanctioned them so they couldn't profit, blockaded their country...and then forced the sale because Venezuela couldn't pay their creditors.
Singer was essentially handed a Venezuelan company by the US courts. Ironically, it's almost exactly like what Maduro did to US oil companies, that pissed of the US interests so much.
Think about it if this were Russia instead. When they were sanctioned many businesses large and small were pretty much forced to give up their Russian operations or quickly sell them for nothing to Russian people as they wouldn’t be allowed to trade/profit from them. Yet in this case we also have a hostile country under sanctions and its business as usual because some billionaires can profit and it isn’t “bad”. If we had any sense of consistency and honesty Singer would have never been allowed to purchase Venezuelan assets.
Nitter.
At first I was going to disagree with this part, and just assumed corporate greed but, just like with Larry Ellison, who is the largest individual donor to the IDF (through various companies and methods), Paul Singer puts his money where his mouth is, and is involved with the IDF and Unit 8200 through his organization Start-Up Nation Central (SUNC).
So, yes, due to how Singer uses his wealth, Israel will be directly benefiting from what the US did in Venezuela.
The whole thing is just insanely corrupt. Singer bought the company - a Venezuelan subsidiary - for much, much less than it was worth...because the US had sanctioned them so they couldn't profit, blockaded their country...and then forced the sale because Venezuela couldn't pay their creditors.
Singer was essentially handed a Venezuelan company by the US courts. Ironically, it's almost exactly like what Maduro did to US oil companies, that pissed of the US interests so much.
Think about it if this were Russia instead. When they were sanctioned many businesses large and small were pretty much forced to give up their Russian operations or quickly sell them for nothing to Russian people as they wouldn’t be allowed to trade/profit from them. Yet in this case we also have a hostile country under sanctions and its business as usual because some billionaires can profit and it isn’t “bad”. If we had any sense of consistency and honesty Singer would have never been allowed to purchase Venezuelan assets.
Chavez did
My bad.