Posted on 02/08/2017 6:52:59 PM PST by simpson96
(Full article title: Out of work: Chelsea Clinton's husband Marc Mezvinsky shut down his hedge fund in December just weeks after Hillary lost election)
Marc Mezvinsky quietly shut down his hedge fund Eaglevale Partners back in December.
Bloomberg reports that Mr. Chelsea Clinton and his partners are now working to return money to investors, including Goldman Sachs CEO Lloyd C. Blankfein.
The decision to shutter the fund came just a few weeks after Mezvinsky's mother-in-law Hillary lost the election to president Donald Trump.
Mezvinsky has kept a low profile ever since Hillary's loss in the election, but was photographed by DailyMail.com heading out for a weekday jog in the middle of the afternoon last week.
He and his wife are now both without a full-time job.
(snip)
The failure is a huge personal blow to Mezvinsky, who is also the son of political figures, albeit less well known that his wife's famed parents.
His father, Edward Mezvinsky, represented Iowa's 1st congressional district in the U.S. House of Representatives for two terms in the 1970s and his mother, Marjorie Margolies, represented Pennsylvania from 1993 to 1995.
Ed Mezvinsky pleaded guilty to 31 charges of felony fraud in 2001 and spent five years in federal prison after he admitted scamming his friends and family out of $10 million in a Ponzi scheme.
(Excerpt) Read more at dailymail.co.uk ...
It is amusing to consider that with his Clinton connections and the inside information he must have gotten, that he still bet so wrong on the Greek bailout.
If that’s not sarcasm you are a better man than mI am. I’d rather see the whole lot of them crash and burn in a flaming heap. Grifters and criminals, all.
Hillary's money spigot went try as well, with her election loss. Wonder if this fund was just another laundering method?
No more money coming in....no need to do the washing.
I wonder what portion of the company assets found its way into offshore accounts.
His closest family member did 5 years for running a Ponzi scheme? I know that we are not supposed to hold the son to a father’s sins. But damn, I would not be giving this guy money to “gamble” with.
"Clinton connections"
Recall BillnHill, with links to top level government, legal system, and business associates lost money on Whitewater Development, during an Arkansas land boon (supposedly)
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