Tuesday, November 22, 2016

The billion-dollar Obamacare business with Trump family ties

Donald Trump has long ignored the conventional wisdom about never doing business with family. Yet the president-elect might soon get a lesson in how familial ties can complicate commerce.

Trump has promised to repeal and replace Obamacare, a vow that could threaten Oscar Insurance, a $2.7 billion technology startup co-founded by Ivanka Trump’s brother-in-law, Joshua Kushner. Oscar has also received funding from Trump adviser Peter Thiel, who could face a loss on his investment if Oscar folds under a Trump-led overhaul of the 2010 Affordable Care Act....
http://www.cbsnews.com/news/donald-trump-obamacare-josh-kushner-jared-kushner-oscar-insurance/

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