Less than one year ago, we reported that Marc Mezvinsky, the husband of Chelsea Clinton and the son in law of Hillary and Bill Clinton, had shut down its Greek Fund after suffering 90% losses. To wit:
Despite having Goldman Sachs CEO Lloyd Blankfein as an investor and being Bill and Hillary Clinton's son-in-law, Marc Mezvinsky (and two former colleagues from Goldman Sachs who manage Eaglevale Partners hedge fund) told investors in a letter last February they had been "incorrect" on Greece, generating staggering losses for the firm’s main Eaglevale Hellenic Opportunity, a/k/a the "Greek recovery" fund during most of its life. By 'incorrect' the Clinton heir apparent meant the $25 million Eaglevale Greek fund had lost a stunning 48% in 2014............Fast forward to today when overnight, Hedge Fund Alert reported that some time around the end of 2016, Mezvnisky decided to shut down his entire operation:........Why shutter so fast after the Hillary defeat? Perhaps because without having links into the state department, or the broader US government, any "informational arbitrage" edge Mezvinsky had hoped to have with Hillary as president, was finally gone........To Read More.....
My Take - The first thing I thought of was there was an "in" with Greece being bailed out by a mother-in-law as President of the United States. Greece was and is an economic disaster. How could he possibly believe there was going to be a profitable turn around unless there was a 'fix'? His hedge fund is doomed, and the Clinton Foundation collapsing. It seems clear to me the Clinton's planned to exploint Greece's economic misery in some way to enrich themselves and their friends, just as they did in Haiti. The questions that need asking are these: What did they know and when did they know it? The corruption is palpable, but what does the media and the Democrats worry about? Trumps daughter's clothing line and comments made by Kellyanne Conway.
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