Posted on 11/03/2006 5:39:51 PM PST by STARWISE
Former first daughter Chelsea Clinton has taken a job with Avenue Capital Group, a $12 billion hedge fund based in New York City, according to the New York Daily News.
Clinton, 26, the only child of former President Bill Clinton and U.S. Sen. Hillary Rodham Clinton (D-N.Y.), was previously a consultant at McKinsey & Co., which she joined in 2003.
Avenue Capital Group was co-founded by Marc Lasry, who has contributed to campaigns for Democratic politicians including Hillary Clinton, Al Gore, Bill Bradley and John Kerry, Reuters reports.
Lasry has also contributed lesser amounts to campaigns for President George W. Bush, federal election records show.
Clinton, who graduated from Stanford University in 2001 and studied philosophy at Oxford University, could not be reached by Reuters for comment. A spokeswoman for Avenue said the company "does not comment on issues of company personnel."
"Largely on the back of his gains in Asia, Mr. Lasry personally earned an estimated $125 million last year, according to a ranking of the best-paid hedge fund managers by Alpha, a trade publication.
He now has a staff of 20 in Beijing and offices in six other Asian cities. Within the last year, Chinese banks have accelerated sales of their bad loans as the government has become more receptive to foreign investors, he said. With more than $500 billion of such loans on the banks' books, "it's a massive opportunity," he said."
Webb Hubbel daughter?
Well, I guess she'll get to use all the Clinton's Asian connections/former campaign contributors ...
Follow the money!
Yep .. China. Where have we heard that name before?
The only child that we know about???
We do know that a lot of potential siblings ended up as stain evidence on a certain blue dress!!!!!!
Wonderful family????
Boy, that must have been a wild night!
No, but you CAN inherit the liberal oncagene, and it's terminal, but can be cured with a massive dose of political incorrectness and common sense.
The last I heard, the daughters of the "rich and greedy Republican" Bush family were (Jenna) teaching at a charter school in D.C. and (Barbara) working with pediatric AIDS patients in South Africa.
I keep hearing how she is a "consultant"
What exactly does that mean ... what does she do .. what does her job do??
Hope she gets treated as well as Monica.
She could have had a job with Stan Lee Media. Oh, that's right. Her dad wrecked that public company.
McKinsey is a pretty prestigious little consulting firm. But she is obviously hired for her meeting and greeting skills and not her economics degree (or whatever it was she walked out of Stanford with) or her philosophy degree. Just like Ron Browns son, Algores daughter and anything named Kennedy, there is always going to be a job waiting around offered by some person who needs more access to Washington money.
The last I heard, Chelsea was busy throwing parties and raising millions for her partents
It means she's content to be a "trophy child".
I keep hearing how she is a "consultant"
What exactly does that mean ... what does she do .. what does her job do??
Her job is to court favor with Mommy, Daddy, and their political friends. She can do this job from homely.
She recommends restaurants for lunch.
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