Chelsea Clinton's Husband Suffers Massive Hedge Fund Loss On Greek Investment

Zero Hedge ^ | 2-3-15 | Tyler Durden

[dynachrome]

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 sent last week they had been "incorrect" on Greece, helping produce losses for the firm’s main fund during two of the past three years. By 'incorrect' Chelsea Clinton's husband means the Eaglevale fund focused on Greece lost a stunning 48% last year and, as The Wall Street Journal reports, is impacting the overall returns of the roughly $400 million fund which has spent 27 of its 34 months in operation below its "high-water mark."

[Tennessee Nana]

[Maine Mariner]

No, the Clinton Foundation will hire her as a public relations officer at $500,000 per year.

[VRWC For Truth]

Grammy’s cattle futures will pull them through.

[Eric in the Ozarks]

The Mezvinskys and the Clintons make some sort of high bred crime family. They need to be carefully watched.

[tumblindice]

"This little, blind girl says she hears Langoliers coming for Mr. Mezwhatshisname."

[MV=PY]

He should have given it to Hillary to invest!

[JPG]

The eagle has landed....................hard!

[Vendome]

No more Crystal Champagne for you

Suffer with Chandon or Krug....

And no more Beluga caviar. From now on it’s Osetra caviar.

[Irenic]

That’s okay because money doesn’t mean anything to Chelsea, she can’t even make herself care about it.

[jsanders2001]

Welcome to the real world, chumps. Your mom and dad’s bestest friend has much to do with the current state of suck in the world right now...

[Chode]

[Jonty30]

Now we will see how little she thinks about money.

[Secret Agent Man]

looks like someone is setting up the scenario for chelsea to be a widow,’and use that sympathy to get into office.

[Veggie Todd]

I keep expecting to hear that dear Chelsea is transitioning to a man and will now be known as Charles Clinton.

[Jonty30]

The idea is to invest she it’s at a low point and then reap the benefits as it climbs. He just misread Greek’s low point.

It’s similar to investing in a tech company in the 70’s. Those who were mindful of investing just a $1,000 in Apple or Microsoft when they first went pubic all own their own Greek islands today.

[Attention Surplus Disorder]

Somehow I don’t think they’ll be living in van. By the river.

[Bogey78O]

Modern markets produce irrational thoughts.

If you saw a house on fire, would you buy it? What if I told you there’s a way to make money on buying houses that are ablaze due to complex international credit rules? Well that’s where we are. Craziness being rewarded so crazy reigns supreme.

[lone star annie]

Someone please post the Simpson HA Ha

[yefragetuwrabrumuy]

I wonder if there is soon to be some more “banker suicides” over this?

[BobL]

GOD she looks like Webster Hubble.