Clinton sought secret info on EU bailout plans as son-in-law's doomed hedge fund gambled on Greece

FOX News ^ | July 1, 2016 | Peter Bryne

[thouworm]

In 2012, Mezvinski, the husband of Chelsea Clinton, created a $325 million basket of offshore funds under the Eaglevale Partners banner through a special arrangement with investment bank Goldman Sachs. The funds have lost tens of millions of dollars predicting that bailouts of the Greek banking system would pump up the value of the country’s distressed bonds. One fund, exclusively dedicated to Greek debt, suffered near-total losses.

Clinton stepped down as secretary of state in 2013 to run for president. But newly released emails from 2012 show that she and Clinton Foundation consultant, Sidney Blumenthal, shared classified information about how German leadership viewed the prospects for a Greek bailout. Clinton also shared “protected” State Department information about Greek bonds with her husband at the same time that her son-in-law aimed his hedge fund at Greece.

That America’s top diplomat kept a sharp eye on intelligence assessing the chances of a bailout of the Greek central bank is not a problem. However, sharing such sensitive information with friends and family would have been highly improper. Federal regulations prohibit the use of nonpublic information to further private interests or the interests of others. The mere perception of a conflict of interest is unacceptable.

[Liz]

Hillary made a special effort to make friends w/ Wall Street.

Then-US Sens Clinton and Corzine.

Corzine was fresh out of Goldman Sachs executive suite. Corzine came from Wall Street to Capitol Hill. Then back to Wall Street to head a company that hired Bill Clinton @ $50,000 per month, AND also misplaced $1.3 Billion investor dollars.

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THE CLINTON CORZINE CONNECTION: The NY Post reported Dec 2011 that Teneo was advising MF Global, the doomed international brokerage firm headed by former New Jersey Gov. Jon Corzine (and ex-US Senator). The firm paid Teneo an eye-popping $125,000 a month as it was imploding and losing millions for its investors. Bill Clinton was also pocketing at MF Global--- an astounding $50,000 per month.

EXHIBIT ONE Corzine was fresh out of Goldman Sachs executive suite, buying his NJ Senate seat office for $65 million; then buying the NJ governorship. Out of office, he ran a hedge fund where $1.5 B went missing....its advisor Teneo was connected to both Bill Clinton and then-Secy of State Hillary's top aide Huma Abedin.

EXHIBIT TWO When Chelsea Clinton's husband started a hedge fund, he gained access to investors who had ties to the Clintons and to Goldman Sachs. Back in 2011, Mezvinsky, now 37, and two former Goldman Sachs'ers — Bennett Grau and Mark Mallon — began raising money for Mezvinsky's Eaglevale Partners LP hedge fund.

Some of Mezvinsky's "investors" included Goldman Sachs CEO Lloyd Blankfein. Blankfein, a slavish Democrat supporter, said he had "always been a fan of Hillary Clinton."

The WSJ reported extensively on the hedge fund's underperformance since its inception and Mezvinsky's mediocre investing and strategizing.

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THIS JUST IN---Bloomberg is reporting G/S's CEO Lloyd Blankfien is a newly-minted billionaire---and also has his own Foundation.

Mmmmmmmm....the sound of wire-transfers is almost palpable.

The IRS says the biggest money laundering, tax evasion fraud is one Foundation writing a check to another Foundation. The check receiver takes a cut, then wire-transfers the bulk to an offshore bank for the check-writer's use later ----- the way these "humanitarians" skim off-tax free dollars for themselves.

[dgbrown]

She can’t even succeed at insider trading. Her excuse will be “if I was insider trading I would have made money but I lost it all”

Anybody betting positively on Greek debt is a fool.

[silverleaf]

Having this woman as a president would be an absolute nightmare of her abusing power for personal gain

What can people be thinking?
What about that scenario could possibly be good or right for America???

[thouworm]

I never miss an opportunity to read your follow-the-money and follow-the-dots posts.

Your stamina is herculean.

[Pearls Before Swine]

Marc Mevshinsky has to be the worst, stupidest investor of all time.

The implicit deal was that Clinton cronies were to deliver an unorthodox bribe by investing in Mevshinsky’s hedge fund. The payoff would have been if he took reasonable fees (2% plus a chunk of any gains), and eventually the money would be given back.

But no, the stupid s**thead had to try and be a hero and go for the longshot gold by investing the $400 million in Greek bonds. Of course he lost 90% of it. That wasn’t part of the deal! What an idiot—he had enough money coming in off of the fees for he and Chelsea to grift comfortably, but he had to go for the brass ring and lose it all.

[Cementjungle]

Is there a category in the Guinness book of world records for most crimes in one lifetime?

[thouworm]

LOL. I KNOW! I thought the same thing, but your post far exceeds what I could have expressed.

I even wondered if he was surreptitiously taking the other side of the “trade” to mitigate his potential losses, but no such trade would mitigate the loss of his financial reputation.

But then again, he is a Clinton by marriage, and the certainty that his MIL would be the next POTUS was in the bag.

He always has seemed to me in over his head.

[Tallguy]

Cattle Futures redux?

[thouworm]

“Is there a category in the Guinness book of world records for most crimes in one lifetime?”
~~~~~~~~~~~

Maybe, but probably not one for most crimes committed by a public official in broad daylight.

[Cyclone59]

Didn’t Martha Stewart go to jail for less (insider trading)?

[Seruzawa]

The apple doesn’t fall far from the tree.

[Ann Archy]

I once asked a Greek tour guide what Greeks MAKE or what they DO and PRODUCE for a living.....and she answered me in all sincerity.....”WE TALK”!!!!

[Liz]

/Chelsea's FIL, former Democratic congressman Edward Mezvinsky, 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.

Later, Mezvinsky served seven years in prison for stealing money from his friends, family and associates through a series of crude scams. Sap-happy Mezvinsky was targeted as a likely subject for the infamous Nigerian black ink scam. More below.

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 Ed's money, they did a 23 skidoo. Having failed to come up w/ payback, 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 Congressional 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.

LOSSES GALORE: 2014 candidate Marjorie was flacked by the Clintons but lost her bid to get back into Congress.

[YogicCowboy]

Yes, because the MSM will take their cue from Obama before all others.

[nascarnation]

Ponder the lineage of young Charlotte...

Two grandparents convicted felons.
One in jeopardy of indictment.
Step-grandpa BJ impeached.

[rdcbn]

Improper?? For the Clinton’s to be doing something improper is like the sun rising at day break.

---

Illegal

Insider trading laws are only waived for exempt Senators and Congressional Reps.

Members of the Executive Branch need not apply

Hillary should have stayed in the Senate where graft and corruption are a tolerated way of life.

[pieceofthepuzzle]

“What can people be thinking?”

Propaganda works, and people are manipulable - irrespective of their education. In fact, the more education, sometimes the more easily manipulated. The left has done a tremendous job labelling anyone who doesn't line up with the ‘progressive’ ideology as being either unenlightened, unsophisticated, or motivated by bias and prejudice. It's a form of enforced group-think.

I'm very serious. They have created ‘boxes’. One box is labeled “Sophisticated, ‘gets it’, enlightened, worldly, accepting, etc.” The other box is labeled “Unsophisticated, neanderthal, Hitler-like, regressive, selfish, sexist, racist, etc.”. When anyone presents a threat to their world domination, they attack that person and do everything they can to put that person into the ‘bad’ box. We have all, and I mean all, been conditioned by decades upon decades of carefully constructed propaganda to subconsciously be aware of those boxes, and what they mean. It is very, very difficult to break out of this mindset. Further, they’e used Christian values as a weapon. We want to be charitable. We believe in turning the other cheek. We believe we should take the plank out of our own eye before pointing out the splinter in our neighbor's eye. We believe in fairness, and love. Those are our strengths, but they have been used against us.

I'm not by nature a cynical person. In reality, I've paid the price many times in my life, so far, for being too trusting and open. That said, watching what is happening in our nation has led to a very big shift in what I'm open to believe.

[oblomov]

I’ll give 3:1 odds that the Clintons took the other side of Mezvinski’s trades.

[oblomov]

I’ll give 3:1 odds that the Clintons took the other side of Mezvinski’s trades.

[jimfree]

Good thing Chelsea doesn’t care much about money.