Anonymous
Post 07/12/2018 22:19     Subject: Kavanaugh's finances

The man has very poor financial judgement. House poor, and keeps refinancing, has HUGE mortgage. And what's up with the $60k+ of baseball ticket debt? That's INSANE!

Poor JUDGEMENT. JUDGEment. Probably fun guy to have a beer with though.
Anonymous
Post 07/12/2018 22:13     Subject: Re:Kavanaugh's finances

Anonymous wrote:
Anonymous wrote:The baseball ticket explanation doesn't make sense to me as the whole story. We're not talking about a single card that had $50k in debt on it; if we were, it would be plausible to me that he and some friends went in on a season's pair of presidents box seats and they paid him back. He had debt spread over three different credit cards, and maybe he did spread a single purchase over three cards because his limits were too low, but when you have balances like that on multiple cards, more typically that's debt from a lot of different things piling up on the cards because you're spending more than you can afford every month.


Every year since 2006 he's filed a financial disclosure and he's had approximately the same level of unsecured debt on 3-4 credit cards (tens of thousands of dollars) and a TSP loan of between $15,000 - $50,000

https://www.judicialwatch.org/document-archive/tag/brett-m-kavanaugh/

In 2016, the level of debt on each credit card went into the $15,000 - 50,000 range. https://www.documentcloud.org/documents/4578103-Kavanaugh-BM-J3-DC-R-16.html

Then, all of sudden, a year later, for the first time in his whole history of filing financial disclosures, he had ZERO credit card debt in 2017.

https://www.documentcloud.org/documents/4578093-Kavanaugh-BM-J3-DC-R-17.html

Hmmm....


I assume we will hear more about this during his confirmation hearings. I just really hope his mom and dad didn’t bail him out. If that’s the case he seriously doesn’t have the judgment for this position.
Anonymous
Post 07/12/2018 22:09     Subject: Kavanaugh's finances

Brett “basic bitch” kavanaugh is just as strapped as most working schmucks in the DC metro area (our household included).

He’s a man of the people!! Just like us!!
Anonymous
Post 07/12/2018 22:05     Subject: Kavanaugh's finances

Anonymous wrote:Property records for the purchase of their house in 2006 are publicly available (as is the address and the house is modest -- Zillow says it's only worth $1.35m now so barely any appreciation in 12 years).

Their 2006 mortgage was $980k. The Post reports their most recent refinance in 2005 was $865k. They didn't pay much down in 9 years.


At 2006, that was close to the top of the market. Prices have only recently recovered.
Anonymous
Post 07/12/2018 21:58     Subject: Re:Kavanaugh's finances

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The baseball ticket explanation doesn't make sense to me as the whole story. We're not talking about a single card that had $50k in debt on it; if we were, it would be plausible to me that he and some friends went in on a season's pair of presidents box seats and they paid him back. He had debt spread over three different credit cards, and maybe he did spread a single purchase over three cards because his limits were too low, but when you have balances like that on multiple cards, more typically that's debt from a lot of different things piling up on the cards because you're spending more than you can afford every month.


Every year since 2006 he's filed a financial disclosure and he's had approximately the same level of unsecured debt on 3-4 credit cards (tens of thousands of dollars) and a TSP loan of between $15,000 - $50,000

https://www.judicialwatch.org/document-archive/tag/brett-m-kavanaugh/

In 2016, the level of debt on each credit card went into the $15,000 - 50,000 range. https://www.documentcloud.org/documents/4578103-Kavanaugh-BM-J3-DC-R-16.html

Then, all of sudden, a year later, for the first time in his whole history of filing financial disclosures, he had ZERO credit card debt in 2017.

https://www.documentcloud.org/documents/4578093-Kavanaugh-BM-J3-DC-R-17.html

Hmmm....


As his parents or in-laws still alive? Maybe they bailed him out.

My ex’s parents paid off roughly $70k in CC debt for him in the week before he remarried because wife #2’s parents threw a fit.



Wow, your ex sounds like a gem.
Anonymous
Post 07/12/2018 21:57     Subject: Kavanaugh's finances

Anonymous wrote:This thread is a fine example of why we now find that only those with egos made of steel are willing to serve our country. Geesh...


Yes. 100%
Anonymous
Post 07/12/2018 21:56     Subject: Re:Kavanaugh's finances

The cc debts are self reported on his financial disclosure forms. If I had a balance that I paid in full every month I would not report debts on my financial disclosure.
Anonymous
Post 07/12/2018 21:55     Subject: Re:Kavanaugh's finances

Anonymous wrote:Without a doubt he would be a full equity partner at Kirkland right now if he had gone that path and would be clocking the nearly 5 million their partners average. Right, his work as a judge has not cost him.


Kirkland pays $5 million to major rainmakers in NY and London with private equity clients doing boatloads of deals. Smart lawyers writing appellate briefs don’t get paid anything like that. You seriously don’t know what you’re talking about. Firms like Kirkland and Latham wouldn’t give lawyers like him a $5 million annuity just because he has a nice resume for a Federalist.
Anonymous
Post 07/12/2018 21:52     Subject: Kavanaugh's finances

Anonymous wrote:So he bought the house in 2006 for $1.2million, with a mortgage of $980k.

They refinanced in August 2014 for $870k.

Then refinanced again in April 2015 for $865k.


Seems like they refinanced to take advantage of the low interest rates each time.
Anonymous
Post 07/12/2018 21:43     Subject: Kavanaugh's finances

This thread is a fine example of why we now find that only those with egos made of steel are willing to serve our country. Geesh...
Anonymous
Post 07/12/2018 21:15     Subject: Kavanaugh's finances

So he bought the house in 2006 for $1.2million, with a mortgage of $980k.

They refinanced in August 2014 for $870k.

Then refinanced again in April 2015 for $865k.
Anonymous
Post 07/12/2018 21:14     Subject: Re:Kavanaugh's finances

Without a doubt he would be a full equity partner at Kirkland right now if he had gone that path and would be clocking the nearly 5 million their partners average. Right, his work as a judge has not cost him.
Anonymous
Post 07/12/2018 21:07     Subject: Kavanaugh's finances

Property records for the purchase of their house in 2006 are publicly available (as is the address and the house is modest -- Zillow says it's only worth $1.35m now so barely any appreciation in 12 years).

Their 2006 mortgage was $980k. The Post reports their most recent refinance in 2005 was $865k. They didn't pay much down in 9 years.
Anonymous
Post 07/12/2018 21:06     Subject: Kavanaugh's finances

Anonymous wrote:
Anonymous wrote:They are probably members at Columbia CC too. Private school, 800,000 mortgage, expensive renovation etc. It all adds up. Lots of “wealthy” people live paycheck to paycheck here.

Their mortgage is insane at their income level. Especially since he should have been able buy before prices rose sky high. I’m guessing the home is like an [b]atm.


This. Said he has refinanced twice. You know that means he probably took cash out.



I'm guessing this is how he paid off his cc debt.
Anonymous
Post 07/12/2018 20:59     Subject: Kavanaugh's finances

Anonymous wrote:
Anonymous wrote:
Anonymous wrote:Where are the reports that he tapped into his retirement fund to pay off his debts? I haven’t seen that anywhere.


The Washington post story for one.


Do you have any objective sources?


If the opposite was true and that he had an 820 credit score there wouldn't be a story about his financial responsibility. They are just throwing darts blindfolded to see if they can get something to stick.


Oh FFS, the information came from Kavanaugh's OWN FINANCIAL DISCLOSURES. And confirmed by the White House.