Trump Mega-Donor & Advisor’s Firm, Cerberus, Benefits From Low Income Rental Subsidies – Legacy Of Housing Foreclosures; Owns Military Contractor

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Cerberus was aptly named for the dog that guards the gates of Hades (Hell). It was founded by Trump mega-donor Steve Feinberg, CEO, and William Richter, Sr. Managing Director, in 1992. Bush Sr. VP Dan Quayle is Chairman of Global Investments. Cerberus feeds at the taxpayer trough of housing subsidies for the poor and military contracts.

The Memphis Housing Authority has paid Cerberus owned entities over $5.3 million for low income rental subsidies during the last two years. Additionally, Cerberus owned properties had high rates of code violations. See: “Eviction filings and code complaints: What happened when a private equity firm became one city’s biggest homeowner“, 12/25/2018, Washington Post, https://archive.is/QAWst

Cerberus is named after the mythological three-headed dog that guarded the gates of Hades.[6] …
Dan Quayle, former Vice President of the United States 1989–1993, who served with former President George H. W. Bush, joined Cerberus in…

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