Posted on 04/13/2016 10:16:44 AM PDT by TigerClaws
Former first daughter Chelsea Clinton has joined Avenue Capital Group, a $12 billion hedge fund manager whose founder has contributed to many Democratic Party campaigns, a person familiar with the matter said Friday.
Clinton, 26, the only child of former President Bill Clinton and U.S. Sen. Hillary Rodham Clinton, has taken a post at the New York-based fund manager in an undisclosed capacity, the source said.
Clinton, who graduated from Stanford University in 2001 and studied philosophy at Oxford University, most recently worked at consultants McKinsey & Co. from 2003.
Avenue which focuses on distressed securities investing was co-founded by Marc Lasry. Morgan Stanley this week bought a minority stake in Avenue.
Well-known in hedge fund circles, Lasry has contributed to political campaigns for Hillary Clinton, Al Gore, Bill Bradley, John Kerry and other Democrats in recent years, federal election records show. However, Lasry has also contributed lesser amounts to campaigns for President Bush, the records show.
Chelsea Clinton couldnt be reached for comment. A spokeswoman for Avenue said the company does not comment on issues of company personnel.
News of Clintons hire was reported by the New York Daily News Friday.
First day on the job:
“Ms. Clinton, we don’t want you to actually manage any funds. Just be ready to call Mommy when we tell you to.”
If you checked, I bet she’s the only philosophy major working a this or any billion dollar hedge fund.
” -————has taken a post at the New York-based fund manager in an undisclosed capacity,”
They are called No Show Jobs.
She is truly pathetic.
.
—
Still 26? Who is she, Jack Benny?
They either got the age wrong, or this is a very old article.
So, she has never gotten a job on her own merit and never succeeded at a job she got by virtue of her parent’s connections. She’s qualified at absolutely nothing, which virtually assures she will enter politics.
How much will she loan Cruz?
11/3/2006
Another payoff for the Dums.
Her job description is “door stop”. BUT there’s a “Clinton” name to put on the advertising brochures.
Why, the rest of us will just have to eat cake, if there is no bread.
It is not a “do nothing” job. She will be working in an “undisclosed capacity.”
Nonsense!
If her mother can turn $1,000 in Cattle Futures into $90,000+ in only 9 months, just think what Chelsea will do with a few hundred million to play the markets!
/S
True that
“Clinton, 26 ... who graduated from Stanford University in 2001
Math is hard.”
Why, the way it is going Princess Chelsea will be only one year old by the time she is crowned President For Life.
One picture (OK, four)are worth a thousand words.
Why on EARTH would they do this now?
“Another do nothing job like the one she had at NBC? “
Obviously. Chelsea appears to be dumber than a box of rocks.
Hiring incompetent family members of influential politicians for big-bucks do-nothing jobs is simply another payoff strategy.
updated 11/3/2006 8:54:37 PM ET
She be in charge of parking money off the books of the Crime Family Foundation.
Were it not for her family connections, her only hedge job would be cutting some as an assistant caretaker at someone’s estate.
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