FOXnews: Hedge fund manager Marc Mezvinsky had friends in high places when he bet big on a Greek economic recovery, but even the keen interest of his mother-in-law, then-Secretary of State Hillary Clinton, wasn’t enough to spare him and his investors from financial tragedy.
In 2012, Mezvinski, the husband of Chelsea Clinton, created a $325 million basket of offshore funds under the Eaglevale Partners banner through a special arrangement with investment bank Goldman Sachs. The funds have lost tens of millions of dollars predicting that bailouts of the Greek banking system would pump up the value of the country’s distressed bonds. One fund, exclusively dedicated to Greek debt, suffered near-total losses.
Clinton stepped down as secretary of state in 2013 to run for president. But newly released emails from 2012 show that she and Clinton Foundation consultant, Sidney Blumenthal, shared classified information about how German leadership viewed the prospects for a Greek bailout. Clinton also shared “protected” State Department information about Greek bonds with her husband at the same time that her son-in-law aimed his hedge fund at Greece. more
Goldman Sachs CEO Lloyd Blankfeld put in several million of his money to start Mezvinsky’s hedge fund and 2 GS traders as partners. He then “introduced” them to other investors. Mezvinsky is the guy who took a year off from his career shortly after marrying Chelsea to be a ski bum.
This is the crony socialism that is destroying ours and the world’s economy. Kyle Bass has a warning about the next big calamity that will start in China over on Zerohedge.com
Another day. Another scandal. To mprison her would violate the constitution. It would be cruel and unusual punishment, for the guards.
Corruption in Obola’s State Dept. headed by HRC?
I’m SHOCKED! SHOCKED, I tell you!
I must get to my fainting couch and have my wife bring me the smelling salts!
izlamo delenda est …
There’s not one honest member of the Clinton family.
Even Aidan came out of Chelsea smoking a cigar.
Ann, he needed a torch to get through the forest…
That whole family is starting to look like the Corleone’s but without the class. With this much money and power involved I would be surprised real, actual bodies starting to turn up of people who are critical of them.