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To: EagleUSA

Hunter Biden, Joe Biden’s son, is a lobbyist.

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“....Delaware senator Joe Biden’s son, R. Hunter Biden, provides another example: In 2003, The New York Times reported, he joined MBNA America Bank, the huge credit card empire, as a management trainee after graduating from Yale Law School. He moved up the ladder, becoming executive vice president, and now is a partner of Oldaker, Biden & Belair, a D.C. lawyer-lobbyist shop. In that capacity during 2003, he got a $100,000 annual retainer from MBNA to advise the company on ‘the Internet and privacy law.’

“As it turns out, MBNA is Senator Biden’s biggest contributor. According to the Center for Responsive Politics, Biden raised $147,700 from MBNA employees from 1999 to 2004. MBNA’s ties to the Bidens might seem ironic since the firm is usually viewed as a big Republican campaign fundraiser and was George W. Bush’s sixth-largest contributor during last year’s presidential campaign, with a total of $356,350....”


9 posted on 08/23/2008 5:35:14 PM PDT by kcvl
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To: kcvl
MBNA America is mostly an asset picked up at distress upon the collapse of MBNA. MBNA was, itself, essentially a credit card processing center set up in Delaware by M Bank of Texas.

M Bank went under in the mid 1970s.

Throughout its various changes of ownership the credit card operation has continued to provide substantial employment to the Delaware workforce.

MBNA went under by overloading itself with uncollectible debt extended through credit cards to people who had no intention of paying the money back.

Joe Biden has to have some connection to these people or he couldn't live in Delaware.

25 posted on 08/23/2008 5:51:56 PM PDT by muawiyah
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