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The New York Times wrote a brutal takedown of Chelsea Clinton's husband's hedge fund
Business Insider ^ | 03/23/2015 | Julia La Roche

Posted on 03/23/2015 8:29:20 AM PDT by SeekAndFind

The New York Times totally threw shade at Bill and Hillary Clinton's son-in-law, Marc Mezvinsky.

Matt Goldstein and Steve Eder wrote an article in The New York Times suggesting that Mezvinsky —who is married to Chelsea Clinton —had been able to gain access to investors with ties to the Clintons for the hedge fund he cofounded that has had "underwhelming returns."

About a month ago, The Wall Street Journal published a report about the fund's underperformance since its inception. The Times' report focuses primarily on Mezvinsky and his role in fund-raising and strategizing for the fund.

Back in 2011, Mezvinsky, now 37, and two former Goldman Sachs colleagues — Bennett Grau and Mark Mallon — began raising money for Eaglevale Partners LP.

Some of Eaglevale's investors include hedge fund billionaire Marc Lasry and Goldman Sachs CEO Lloyd Blankfein, the report said.

Lasry, a longtime Clinton friend, runs Avenue Capital, where Chelsea previously worked after graduating from Stanford. Lasry told The Times that he "gave them money because I thought they would make me money."

A Goldman spokesman told The Times that Blankfein invested in Eaglevale because of his relationship with Grau, the fund's chief investment officer. At the DealBook Conference in December, Blankfein, who has been a strong supporter of Democrats in the past, said he had "always been a fan of Hillary Clinton." Hillary is expected to announce her presidential campaign soon.

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


TOPICS: Business/Economy; Canada; Crime/Corruption; Culture/Society; News/Current Events; Russia; US: New York; US: South Carolina; War on Terror
KEYWORDS: 2016election; benghazi; canada; chelsea; chelseaclinton; clinton; clintoncash; clintonfoundation; demagogicparty; election2016; hedgefund; hillaryclinton; hitlery; iran; libya; marcmezvinsky; mattgoldstein; memebuilding; mezvinsky; newyork; newyorkcity; newyorkslimes; newyorktimes; pages; partisanmediashill; partisanmediashills; peterschweizer; russia; southcarolina; steveeder; treygowdy; uranium; waronterror
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1 posted on 03/23/2015 8:29:20 AM PDT by SeekAndFind
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To: MeshugeMikey

Ping.


2 posted on 03/23/2015 8:30:59 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: SeekAndFind

Influence peddling, corruption, incompetence—just another day in Clinton Land.


3 posted on 03/23/2015 8:33:29 AM PDT by SharpRightTurn (White, black, and red all over--America's affirmative action, metrosexual president.)
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To: All
Like father, like son.

Chelsea's father-in-law, Edward "Ed" Mezvinsky is an ex-Democrat congressman.....and a convicted felon. Ed sat on the House Judiciary Committee that decided the fate of Richard Nixon. He was outspoken saying that Nixon was a crook and a disgrace to politics and the nation and should be impeached.

Edward, a lawyer, was married when he met Chelsea's MIL, Marjorie----they soon got married---but divorced after Edward got conned into several notorious Nigerian-based email financial frauds guaranteed to make you rich.

In his haste to get rich quick, to raise money to get in on these "heaven-sent" investment schemes, Edward defrauded many of his friends and business contacts.....including Marjorie's mother.

Alas, when the Nigerians got their hands on Edwards' money, they did a 23 skidoo. Having failed to come up w/ a ROI, Edward got nabbed by the long arm of the law. Mezvinsky pleaded guilty to 31 of 69 felony counts.. He did hard time----spent 7+ years in a federal prison w/ no chance of parole, and still owes $10 million in restitution.

Democrat Congressman 2014 candidate Marjory Margolies is also no stranger to the dollar disease. Because of her husband's felony convictions, she filed for bankruptcy. But the court would NOT discharge her of her debts, finding that she could NOT explain where some $1 million in assets had vanished, in the previous 4 year span...during Mezvitsky's crime spree.

In their heyday, Ed Mezvinsky and then-wife Marjorie, herself a former Democratic congresswoman from Pennsylvania (an ex-TV reporter---and recent election loser), were part of the political and social elite in Philadelphia.

The Mezvinskys were close to Bill and Hillary Clinton and were frequent guests at the White House. Prosecutors say Mezvinsky exploited his ties to the Clintons, including his son's relationship with Chelsea, to woo investors to contribute more money to the Nigerian schemes.

In an interview with Des Moines Register from prison in 2003, Mezvinsky said he found the notoriously fraudulent Nigerian Black Ink scam "convincing."

"The Nigerian man came out with a chemical, threw it on the money, and it all turned to $100 bills. He gave me 10 to have them tested back home. And they were real," Mezvinsky told a reporter.

4 posted on 03/23/2015 8:35:14 AM PDT by Liz
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To: SeekAndFind

Just imagine how much time in prison the Clintons would get if they were subject to the same laws we are.


5 posted on 03/23/2015 8:35:46 AM PDT by rfreedom4u (Do you know who Barry Soetoro is?)
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To: SeekAndFind

As they say: ‘The tree is know by its fruit’.


6 posted on 03/23/2015 8:35:52 AM PDT by SMARTY ("When you blame others, you give up your power to change." Robert Anthony)
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To: SeekAndFind

Ha....maybe they could get some pointers from Hillary on how “cattle futures” works.


7 posted on 03/23/2015 8:36:14 AM PDT by spokeshave (He has erected a multitude of New Offices, and sent hither swarms of Officers to harass our people,)
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To: Army Air Corps

Hillarys campaign may never be announced...


8 posted on 03/23/2015 8:42:05 AM PDT by MeshugeMikey ("Never, Never, Never, Give Up," Winston Churchill ><>)
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To: All
Chelsea and Marc in their $10 million condo.


9 posted on 03/23/2015 8:43:21 AM PDT by Liz
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To: SeekAndFind

I think it would be hilarious to have a FR cabal that would collectively get together and predict what upcoming articles will appear in the NYTimes, and to post our predictions on a website.

Examples: Ted Cruz: Money Laundering for Union Thugs Suggested by latest tweets

Sex Trafficking “not ruled out” by COO of Clinton Foundation

Brinks Corp starts Offshore Repository for Wayward Government Servers

Scientist Who Discovered Means of Recovering Data from Shredded Hard Drives found Beheaded in Mosul.

It’d be like The Onion, I guess, in terms of ridiculousness, but the attacks on Cruz and Clinton are so predictably laughable.


10 posted on 03/23/2015 8:45:25 AM PDT by Attention Surplus Disorder (At no time was the Obama administration aware of what the Obama administration was doing)
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To: All
Chelsea and Marc get money the old-fashioned way.

"Smile everybody. Another $100 mill came in today."

11 posted on 03/23/2015 8:47:27 AM PDT by Liz
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To: Liz; WildHighlander57; maggief; LucyT

Good work Liz. Hill/billy might not go to jail, but they may not be able to protect Chelsea and Marc


12 posted on 03/23/2015 8:48:07 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now?)
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To: SeekAndFind

The Slimes wants Hillary out of this race. They want to clear the field for a more Progressive candidate.


13 posted on 03/23/2015 8:49:13 AM PDT by Buckeye McFrog
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To: SeekAndFind

They’re not only taking Hillary down, but they’re taking Chelsea and her husband down too. Oooh, popcorn time!


14 posted on 03/23/2015 8:50:34 AM PDT by uncitizen (Mark Levin: "Jeb Bush? No way Jose!")
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To: SeekAndFind

IOW, they want Warren.


15 posted on 03/23/2015 8:50:52 AM PDT by RushIsMyTeddyBear (The White House is now known as "Casa Blanca".)
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To: Liz
"The Nigerian man came out with a chemical, threw it on the money, and it all turned to $100 bills. He gave me 10 to have them tested back home. And they were real," Mezvinsky told a reporter.

LOL! So he fell for a cheap Carny trick. He would have been better off just pocketing the thousand bucks and stop right when he was ahead.

16 posted on 03/23/2015 8:56:35 AM PDT by PJ-Comix (Coakley/Gruber 2016!!!)
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To: SeekAndFind

Corruption oozing out of corruption—it’s as natural as Hellary and Monica’s ex-boyfriend stealing oxygen.


17 posted on 03/23/2015 8:56:55 AM PDT by Carl Vehse
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To: Liz

When Insaw the reference to Philadelphia this group of dots came to mind. Wonder if there is a connection ? Clintons inlaws — MO bro?


18 posted on 03/23/2015 8:58:10 AM PDT by hoosiermama (Obama: "Born in Kenya" Lying now or then or now?)
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To: SeekAndFind
"Surprise surprise..."

FMCDH(BITS)

19 posted on 03/23/2015 9:01:18 AM PDT by nothingnew (Hemmer and MacCullum are the worst on FNC)
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To: Liz
"The Nigerian man came out with a chemical, threw it on the money, and it all turned to $100 bills. He gave me 10 to have them tested back home. And they were real," Mezvinsky told a reporter.

"Hi Marc! My name is Nelson Adobo, nephew of the former Minister of Finance in Nigeria, the Honorable Charles Adobo. Before my uncle died in a tragic plane crash, he discovered a way to convert lead to gold with magic Pixie dust. I would be happy to demonstrate this to you at your convenience."

20 posted on 03/23/2015 9:02:32 AM PDT by PJ-Comix (Coakley/Gruber 2016!!!)
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