Posted on 10/23/2012 4:26:30 AM PDT by rightwingintelligentsia
David Richter, the president of Hill International (HIL), a mid-sized outfit that manages construction projects, was speaking last year at a private meeting with investors when he was asked about the recent success of his newest subsidiary, HillStone International.
How was it that HillStone, a newcomer in the business of home building, landed a massive and potentially lucrative contract to build 100,000 homes in war-torn Iraq?
Richter didnt mince words. It really helps, he said, to have the brother of the vice president as a partner, according to a person who was present.
The brother Richter was referring to during the meeting is James Biden, the younger brother of Vice President Joe Biden.
Since November 2010, James Biden has been the executive vice president of Hill Internationals housing subsidiary despite little if any documented work history in residential construction. And if the companys projections are accurate, both Hill and Biden are on the verge of a huge payday, beneficiaries, some analysts believe, of James Bidens connections to the Obama Administration through his older brother.
(Excerpt) Read more at foxbusiness.com ...
Is this the big news that Donald Trump was going to spring. Someone beat him out of a sweet business deal?
Is this the big news that Donald Trump was going to spring. Someone beat him out of a sweet business deal?
This isn’t exactly big news. It’s just more crony capitalism that people need to hang from bridges for.
I don’t know. Trump said specifically his “big news” was about Obama; didn’t mention Biden.
It shouldn’t be hard to build houses in the mid-east. By the looks of it from earthquake photos, all they do stack blocks of whatever and slap some mud on the outside, inside, or both.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.