Free Republic
Browse · Search
General/Chat
Topics · Post Article

Skip to comments.

Chelsea Clinton's Husband Suffers Massive Hedge Fund Loss On Greek Investment
Zero Hedge ^ | 2-3-15 | Tyler Durden

Posted on 02/03/2015 5:59:55 PM PST by 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."

(Excerpt) Read more at zerohedge.com ...


TOPICS: Chit/Chat
KEYWORDS: chelseaclinton; clintoncash; clintonfoundation; greekbonds; hedgefund; hubby; pages; peterschweizer
Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-74 last
To: dynachrome

Kid: “Hiya Beasty, oops, sorry Mrs. Clinton I mean, Hey,I need some financial advice and I know you kicked butt turning a 1000 dollar cattle futures bet into 100K overnight! Can I ask you for help? Hillary: “Yeah, sure, SHOOT!......Oops, Oh I’m sorry, I was just thinking of Vince Foster, anyway what is your question sonny. Kid: “I want to invest in Greece.” Hillary: “Good idea......meet me in Fort Marcy park tomorrow at 3 pm and I will loan you the money.”


61 posted on 02/03/2015 7:54:16 PM PST by bobby.223 (Retired up in the snowy mountains of the American Redoubt and it's a great life!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dynachrome

As a Grandmom Hillary said he should have gotten his hedge fund shot.


62 posted on 02/03/2015 8:01:03 PM PST by fatima (Free Hugs Today :))
[ Post Reply | Private Reply | To 1 | View Replies]

To: dynachrome

Guess he will have to start a charity to help the helpless Haitians and skim enough off the top to bail out his hedge fund or divorce Chubs and find some widower heiress like Heinz to marry.


63 posted on 02/03/2015 8:01:55 PM PST by RetiredTexasVet (Benghazi Clinton killed 4 & injured a dozen as SOS, imagine what she could do as CinC.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: dynachrome

Should have stuck to cattle futures


64 posted on 02/03/2015 8:11:55 PM PST by NonValueAdded (Pointing out dereliction of duty is NOT fear mongering, especially in a panDEMic)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Chode

I love that gif. The best loser one I have seen.


65 posted on 02/03/2015 8:35:47 PM PST by BBell (breathe easy obey the law)
[ Post Reply | Private Reply | To 31 | View Replies]

To: dynachrome

Come on everybody! Do you REALLY think this will have ANY effect on chelsea hubbell and her hubby? Consequences are for the little people.


66 posted on 02/03/2015 8:48:58 PM PST by 43north (BHO: 50% black, 50% white, 100% RED.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MIchaelTArchangel

They may have been counting on being able to bleed the German taxpayers and avoid any real risk.


A lot of funny comments below the ZH story.


67 posted on 02/03/2015 11:21:53 PM PST by Rockpile
[ Post Reply | Private Reply | To 15 | View Replies]

To: dynachrome

They went long on Greece

The most left leaning populace in Western Europe

Hmm


68 posted on 02/03/2015 11:44:13 PM PST by wardaddy (glenn beck is a nauseous politically correct conservative on LSD)
[ Post Reply | Private Reply | To 1 | View Replies]

To: the_daug

The fund went long expecting Greeks to prosper actually


69 posted on 02/03/2015 11:45:50 PM PST by wardaddy (glenn beck is a nauseous politically correct conservative on LSD)
[ Post Reply | Private Reply | To 19 | View Replies]

To: dynachrome

this jerk needs to be put in charge of the clintoon foundation.


70 posted on 02/04/2015 3:25:34 AM PST by Joe Boucher (The F.B.I. Is a division of holders Justice Dept. (Nuff said))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Mears
That is so sad——the poor kids.

Yes. I think Freepers everywhere feel really, really bad about this.

71 posted on 02/04/2015 3:27:07 AM PST by samtheman
[ Post Reply | Private Reply | To 8 | View Replies]

To: dynachrome

Further proof that the only way to make a small fortune investing with some funds is to start with a large one.


72 posted on 02/04/2015 3:39:10 AM PST by DoodleDawg
[ Post Reply | Private Reply | To 1 | View Replies]

To: BBell
yup, had a hard time finding one again after the one i had been using went away
73 posted on 02/04/2015 4:14:28 AM PST by Chode (Stand UP and Be Counted, or line up and be numbered - *DTOM* -w- NO Pity for the LAZY - 86-44)
[ Post Reply | Private Reply | To 65 | View Replies]

To: dynachrome

“she doesn’t care about money anyway” ..quote.


74 posted on 02/04/2015 4:53:57 AM PST by Doulos1 (Bitter Clinger Forever!)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-2021-4041-6061-74 last

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.

Free Republic
Browse · Search
General/Chat
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson