Newser-
Chelsea Clinton’s husband, Marc Mezvinsky, runs a hedge fund focused on global politics and the world economy. Vanity Fair calls it a “cozy specialty for a man related to a former president and a former secretary of state… Unfortunately, that connection doesn’t seem to be helping Mezvinsky much. The New York Times reports he’s closing down a hedge fund portfolio related to the Greek economy after it lost nearly 90% of its value in only two years.
Mezvinsky initially raised $25 million from investors for his Eaglevale Hellenic Opportunity fund and used the money to buy Greek bank stocks and government debt. But the hoped-for Greek rebound never came, and now those investors are out a lot of money. Two of them went to the Times anonymously to report on the fund shutting down. According to theTimes, it’s unclear why Mezvinsky waited so long to close the fund, as it had already lost about 40% of its value by early 2015.
What a dipshit. He couldn’t see that there is absolutely no hope for Greece? And people actually invested in this scheme?
BWHAHAHAHAHAHAHAHA!
I hope they’re all dumpster diving soon!
Maybe he’ll write a few books now –
“How to Make Money Losing Other People’s Money”
Or
“You Too Can Own A Ten Million Dollar Apartment”
Co-Authored by Bill Clinton.
Illustrations by Hillary Clinton
Raving reviews by Chelsea…
Anybody see a pattern here???
this is no surprise.
His father is a felon. His father in law is a serial rapist and pedophile. His mother in law is a lying alcoholic murderess.
It’s all in the family.
Clinton’s son in law was set up in the hedge fund by Goldman Sachs and propped up by Goldman Sachs but still couldn’t make a go of it,
His two partners are Goldman Sachs former employees and his first and biggest investor – giving them tens of millions – is Lloyd Blankfein, CED of Goldman Sachs.
We all get the MIL we deserve, I guess. So sad He was probably on the short list for Treasury Secretary. Now he’s Madoff Jr. with an ashtray lodged in his skull.
It doesn’t really mean anything unless he’s left penniless. Didn’t his father spend some time in prison for fraud?
From his father’s wiki – like father like son:
Criminal activities
Beginning in the early 1990s, Mezvinsky used a wide variety of 419 scams. According to a federal prosecutor, Mezvinsky conned using “just about every different kind of African-based scam we’ve ever seen.”[11] The scams promise that the victim will receive large profits, but first a small down payment is required. To raise the funds needed to front the money for the fraudulent investment schemes he was being offered, Mezvinsky tapped his network of former political contacts and dropping the name of the Clinton family to convince unwitting marks to give him money.[12]
In March 2001, Mezvinsky was indicted and later pleaded guilty to 31 of 69 felony charges of bank fraud, mail fraud, and wire fraud.[13] Nearly $10 million was involved in the crimes. Shortly after his indictment, he was diagnosed with bipolar disorder, but the judge at his trial disallowed a mental illness defense.[5] He served his time at Federal Prison Camp, Eglin.[14] Mezvinsky, Federal Bureau of Prisons # 55040-066, was released in April 2008.[15] He remained on federal probation until 2011, and as of 2010 still owed $9.4 million in restitution to his victims.[16]
🙂 🙂
He made a pact with the devil when he married Chelsea.
Looks like it’s payback time.
Anon 7:23,
Two pithy sayings come to mind:
“Incest is best when kept in the family.”
“Birds of a feather flock together.”
No doubt he will if Chelsea ever gets into a political office.
Anybody who invested in this hedge fund was just banking on getting favors from Hillary as the next president. Which I’m sure will work out well for them if she’s elected.