Posted on 09/21/2019 2:54:12 PM PDT by Liz
During the Obama Admin, then-VP Joe Biden took his chronically jobless son Hunter on an official trip to China. China gave Hunter a billion dollar check for his "equity fund." Did "middle-class Joe" sell out the United States to China to set his son up in a billion dollar business?
Hunter Biden also had connections to jailed crook Allen Stanford
WSJ, By Susan Schmidt, Steve Stecklow and John R. Emshwiller, Feb. 24, 2009 12:01 a.m. ET
A fund of hedge funds run by two members of Vice President Joe Biden's family was marketed exclusively by companies controlled by Texas financier R. Allen Stanford, who is facing Securities and Exchange Commission accusations of engaging in an $8 billion fraud.
The $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and a Stanford Financial Group entity and was known as the Paradigm Stanford Capital Management Core Alternative Fund. Stanford-related companies marketed the fund to investors......--snip--rest at WSJ paywall
(Excerpt) Read more at nypost.com ...
EXCERPT--Peter Schweizer in his new book, Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends, details a number of ethical violations on both sides of the political aisle. One example: the little-noticed private equity firm run by the sons of Democrats Joe Biden and John Kerry, as detailed in this exclusive first excerpt.
The two men became close while serving for several decades together in the US Senate. The two often talked on matters of foreign policy, says Jules Witcover in his Biden biography.So their sons going into business together in June 2009 was not exactly a bolt out of the blue. But with whom their sons cut lucrative deals while the elder two were steering the ship of state is more of a surprise.
What Hunter Biden, the son of Americas vice president, and Christopher Heinz, the stepson of the chairman of the Senate Committee on Foreign Relations (later to be secretary of state), were creating was an international private equity firm. It was anchored by the multi-million Heinz family alternative investment fund, Rosemont Capital. The new firm would be populated by political loyalists and positioned to strike profitable deals overseas with foreign governments and officials with whom the US government was negotiating.
Hunter Biden, Vice President Joe Bidens youngest son, had gone through a series of jobs since graduating from Yale Law School in 1996, including the hedge-fund business. By the summer of 2009, the 39-year-old Hunter joined forces with the son of another powerful figure in American politics, Chris Heinz. Senator John Heinz of Pennsylvania had tragically died in a 1991 airplane crash when Chris was 18. Chris, his brothers, and his mother inherited a large chunk of the familys vast ketchup fortune, including a network of investment funds and a Pennsylvania estate, among other properties. In May 1995, his mother, Teresa, married Senator John Kerry of Massachusetts. That same year, Chris graduated from Yale, and then went on to get his MBA from Harvard Business School.
Joining them in the Rosemont venture was Devon Archer, a longtime Heinz and Kerry friend. The three friends established a series of related LLCs. The trunk of the tree was Rosemont Capital, the alternative investment fund of the Heinz Family Office. Rosemont Farm is the name of the Heinz familys 90-acre estate outside Fox Chapel, Pennsylvania. The small fund grew quickly. According to an email revealed as part of a Securities and Exchange Commission investigation, Rosemont described themselves as a $2.4 billion private equity firm co-owned by Hunter Biden and Chris Heinz, with Devon Archer as Managing Partner.The partners attached several branches to the Rosemont Capital trunk, including Rosemont Seneca Partners, LLC, Rosemont Seneca Technology Partners, and Rosemont Realty. Of the various deals in which these Rosemont entities were involved, one of the largest and most troubling concerns was Rosemont Seneca Partners.
Rather than set up shop in New York City, the financial capital of the world, Rosemont Seneca leased space in Washington, DC. They occupied an all-brick building on Wisconsin Avenue, the main thoroughfare of exclusive Georgetown. Their offices would be less than a mile from John and Teresa Kerrys 23-room Georgetown mansion, and just two miles from both Joe Bidens office in the White House and his residence at the Naval Observatory. In short, the Chinese government was literally funding a business that it co-owned along with the sons of two of Americas most powerful decision makers.
--SNIP--rest at source
bttt
Chris Heinz (left) with John Kerry at a campaign fundraiser,
April 16, 2004./ Dennis Van Tine
Hunter and Dad, Joe Biden.
SOURCE http://nypost.com/
BTTT!!!
given the way the corrupt MSM has treated the Trump kids, shed no tear for Sleepy Joe and junkie crook son Hunter, crank it up.
Politicians have long used their position to get sweetheart government contracts for their relatives and insider trading to make mega bucks.
Bkm
To be a bit sympathetic to old Joe - he did lose his wife and daughter in a car crash and his younger son to brain cancer
A little sympathy there
That being said it is hilarious how the media tries to turn this into a Trump problem
I tried to have sympathy for Brain Dead Joe but my give a damn is busted today.
Have no sympathy for Biden about his wife’s death. For years Biden lied and said the driver was drunk.
No.
No sympathy at all.
We all have tragedy.
Not all of us are sh!tbags.
Exploring the Kingdom of Carnivores: Comparing Bears vs. Bannons in Hunting and Sense of Smell
Click pic to see full screen
All these People
Need a slap down.
Thieves and Robbers
Gutting this
Nation and it’s
Resources,
No Sympathy.
Hunter Biden is DIRTY.....Just like his FAUX HAPLESS dad!! SUCKING OFF OF TAXPAYERS ALL OVER THE GLOBE!
Joe and Blow.
In 2017 divorce papers, Hunter's first wife Kathleen stated he spent "extravagantly on his own interests
including drugs, alcohol, prostitutes, strip clubs, and gifts for women with whom he has sexual relations."
The same year, it emerged that Hunter Biden was in a relationship with his late brother Beau's widow, Hallie.
Hunter Biden separated from Kathleen five months after Beau's death from brain cancer at age 46 in May 2015.
Hunter then married his second wife---Beau's widow. After two years of marriage, they announced they're divorcing.....a Biden pump and dump scheme.
Biden remarried---two weeks after meeting his third wife.
The renowned colon hydrotherapist a colonic lavage administrator whose staff doubles down as sex worker---- pump the penis of the colonically stimulated patient
Biden was there for "the treatment." Hunter was in (cough) hum city and went to a reknowned colon hydrotherapist whose staff doubles down as sex workers.
Hunter got the works-he got his penis pumped after he got colonically stimulated by sex experts.
Idiot Joe invokes the name like they are some kind of Royalty.
State Police been babysitting Hunter since he was little.
M
Who knew, it only took a record player?
-
Chris Heinz and Hunter Biden would be a real good start. Would've preferred hillary, but that ship has sailed.
Bttt.
5.56mm
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.