Posted on 04/16/2008 8:49:51 AM PDT by vietvet67
This is bizarre. First she “pimps” herself out, and now she refuses to talk to the press? What are they hiding about Chelsea?
I’m thinking the same thing too. What’s going on?
Start by looking in a mirror.
She must be the Fredo of the family.
They are trying to avoid Obama's mistake:
http://sweetness-light.com/archive/about-chelseas-distressed-debt-hedge-fund-co
Chelsea’s ‘Distressed Debt’ Hedge Fund Co.
As we know from media reports, Chelsea Clinton works for the “Avenue Capital Group — a New York hedge fund run by Clinton friends.”
Oddly enough, our watchdog media has been very quiet about the nature of this “hedge fund,” which it turns out specializes in the “distressed debt market.”
From their website:
Chelsea Clinton greets guests at the Kalihi Palama Health Center clinic, Friday, Feb. 15, 2008. in Honolulu as she campaigns for her mother, Hillary Rodham Clinton.
Avenue Capital Group - Firm
Avenue Capital Group was founded in 1995 by Marc Lasry and Sonia E. Gardner. Pioneers in the distressed debt market, Mr. Lasry and Ms. Gardner have successfully invested in the public and private debt and equity securities of distressed companies across a variety of industries for over two decades.
Prior to founding Avenue, Mr. Lasry and Ms. Gardner founded Amroc Investments, LLC. Amroc began in 1989 as a $100 million distressed debt investment partnership organized by Mr. Lasry and Ms. Gardner in association with the Robert M. Bass Group, Inc.
Headquartered in New York, with offices in London, Luxembourg, Munich, and eight offices throughout Asia, the firm manages assets valued at approximately $20.1 billion as of December 31, 2007. Avenue draws on the skills and experience of approximately 350 employees and its Partners, Marc Lasry and Sonia E. Gardner, who have spent virtually their entire careers in the field of distressed investments.
In case you are wondering, here is a description of distressed debt (or securities), courtesy of Wikipedia:
Distressed securities
Distressed securities are securities of companies or a nation’s central bank that are either already in default, under bankruptcy protection, or in distress and heading toward such a condition. When it comes to fixed income, these types of securities are below investment grade, and can include corporate credit as well as emerging market government fixed income…
When companies enter a period of financial distress, the original holders often sell the debt or equity securities of the issuer to a new set of buyers. In recent years, private investment partnerships such as hedge funds have been the largest buyers of distressed securities. Other buyers include brokerage firms, mutual funds, private equity firms, and specialized debt funds (such as collateralized loan obligations) are also active buyers.
Investors in distressed securities often try to influence the process by which the issuer restructures its debt, narrows its focus, or implements a plan to turn around its operations. Investors may also invest new capital into a distressed company in the form of debt or equity…
Investors in distressed securities typically must make an assessment not only of the issuer’s ability to improve its operations but also whether the restructuring process (which frequently requires court supervision) might benefit one class of securities more than another.
So Avenue Capital profits from downturns in the economy and foreclosures and bankruptcies.
Consequently, it is no surprise that Hillary and her mom (and her father) have been so busy trying to talk us into a recession when we are not in one. They have a vested interest.
(And of course it is the mantra of our the Democrat party and its minions in the media whenever there is an election coming up and Republicans control the White House.)
By the way, lest anyone think it is an exaggeration to say Avenue Capital is run by friends of the Clintons, here are some of their political contributions as listed by the Federal Election Commission:
Individual Contributions Arranged By Type, Giver, Then Recipient
Contributions to Political Committees
BALSAM, SHERI
MERRICK, NY 11566
AVENUE CAPITAL GROUP/CFO
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
03/06/2007
2300.00
27930580246
BARANELLO, ALANE
MANHASSET, NY 11030
AVENUE CAPITAL GROUP/HUMAN RESOUR
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
04/10/2007
500.00
27990273758
BURNAZIAN, STEPHEN E
NEW YORK, NY 10022
AVENUE CAPITAL GROUP/ANALYST
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
06/18/2007
500.00
27990274240
06/30/2007
500.00
27990274241
D’ADDARIO, RICHARD C
WESTPORT, CT 06880
AVENUE CAPITAL GROUP/SENIOR PORTF
CLINTON, HILLARY RODHAM
VIA FRIENDS OF HILLARY
11/29/2005
1000.00
26020090520
ERIC, ROSS
WESTPORT, CT 06880
AVENUE CAPITAL GROUP/ATTORNEY
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
04/09/2007
500.00
27990275142
GARDNER, SONIA
NEW YORK, NY 10024
AVENUE CAPITAL GROUP/EXECUTIVE
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
09/21/2005
25000.00
25020480734
06/30/2007
25000.00
27020281866
GELLERT, EDWARD
HARRISON, NY 10528
AVENUE CAPITAL GROUP/SENIOR PORTF
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
04/13/2007
1000.00
27990275533
GREENBARG, TODD
NEW YORK, NY 10023
AVENUE CAPITAL GROUP/MANAGING DIR
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
04/10/2007
500.00
27990275743
GROSSMAN, BRUCE
ARMONK, NY 10504
AVENUE CAPITAL GROUP
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
03/14/2007
2300.00
27930581874
03/14/2007
2300.00
27930581873
LAM, GIGI
NEW YORK, NY 10280
AVENUE CAPITAL GROUP/VP FINANCE &
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
04/09/2007
300.00
27990276761
LASRY, MARC
NEW YORK, NY 10021
AVENUE CAPITAL GROUP/FOUNDER/MANA
HILL PAC
01/11/2007
5000.00
27990432620
LASRY, MARC
NEW YORK, NY 10021
AVENUE CAPITAL GROUP/MANAGING DIR
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
06/27/2007
28500.00
27020281764
LASRY, MARC
NEW YORK, NY 10022
AVENUE CAPITAL GROUP
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
08/31/2005
10000.00
25020370520
LEVINE, SHERI
NEW YORK, NY 10023
AVENUE CAPITAL GROUP/FINANCIAL AN
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
04/12/2007
500.00
27990276923
MARONEY, PETER JR
NEW YORK, NY 10022
AVENUE CAPITAL GROUP/ASSOCIATE
DEMOCRATIC SENATORIAL CAMPAIGN COMMITTEE
05/23/2006
1000.00
26020363194
RAYMOND, JESSICA M
NEW YORK, NY 10022
AVENUE CAPITAL GROUP/INVESTMENT A
CLINTON, HILLARY RODHAM
VIA FRIENDS OF HILLARY
11/29/2005
1000.00
26020091959
WIJERATHNA, NISH
STATEN ISLAND, NY 10301
AVENUE CAPITAL GROUP/ENGINNER
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
04/09/2007
250.00
27990280466
WOLFMAN, ALEXANDER D
NEW YORK, NY 10038
AVENUE CAPITAL GROUP/DIRECTOR BUS
CLINTON, HILLARY RODHAM
VIA HILLARY CLINTON FOR PRESIDENT
03/02/2007
2300.00
27930585183
03/02/2007
2300.00
27930585182
WOLFMAN, ALEXANDER D
NEW YORK, NY 10038
AVENUE CAPITAL GROUP/DIRECTOR, BU
CLINTON, HILLARY RODHAM
VIA FRIENDS OF HILLARY
11/29/2005
1000.00
26020092643
All told the Avenue Capital partners contributed at least $246,500 to Democrats in just the last few years. So it is only fitting that they should be remunerated by having the Clintons try to tank the economy.
Still, shouldn’t Chelsea’s yearly six figure gift salary from Avenue Capital be listed as a campaign contribution as well?
***************
Please. No one can believe this.
I bet she has no duties at her “Job”.
Must be from the University for the blind.
LOL! No doubt.
The RJ-45 socket in the back of her neck, and the power plug in her ass.
You wouldn’t laugh if you saw how he handled her at the AKC-Eukanuba. I think she won `Best in Breed’.
Who would've guessed that Cesar Millan was on the Clintons' payroll?
The Clintons are probably afraid Chelsea will inadvertently open her trap and say something that will be reported that will sink her mother’s campaign; the stuff Hillary has yakked about has done enough to sink it single-handedly. - Such dedication this man has to the Clintons; surely he’s paid handsomely - or could it be more of the blind devotion those two parasites tend to elicit from their scores of fawning admirers?
In addition to who her real daddy is?
Frat boys can handle a lot of beer before passing out. Hey, get those Schlitz goggles on, and maybe she starts looking pretty good to ‘em. Me, I’d be in the hospital with alcohol poisoning long before then.
It’s not like she’s hideous or anything, she’s just...average. She wouldn’t even rate a fraction of a head turn on an average college campus.
}:-)4
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