Posted on 05/12/2016 3:11:18 PM PDT by Cecily
Chelsea Clinton's hedge fund boss husband has refused to apologize to investors - despite losing nearly $25 million in a calamitous gamble on the Greek economy.
Marc Mezvinsky, 38, persuaded clients to pour cash into the struggling European country in the hope it would bounce back and deliver massive profits. But after buying up government debt and bank stock, the dramatic upturn he and his partners predicted failed to materialize and the fund's value plunged by an estimated 90 percent.
Mezvinsky and former Goldman Sachs colleagues Bennett Grau and Mark Mallon are reported to have finally pulled the plug on the failed investment last month.
(Excerpt) Read more at dailymail.co.uk ...
That is funny. Clintons take. They don't give.
Ha
Ha ha
Ha ha ha
Is NO George S0r0$
Being a liberal means never having to say you’re sorry. I bet he made well into the six figures — perhaps even seven figures — while he was loosing all that money. Call it liberal privilege.
I wonder if ‘pulling the plug’ means he locked in the losses for the investors, has the assets with almost none of his own money at stake, and then will personally recognize the gains when the markets get manipulated.
“...gamble on the Greek economy.” Wow. Funny. Maybe there is a lesson to be learned.
“the fund’s value plunged by an estimated 90 percent.”
All is not lost. He can invest the remaining 10% in Venezuelan futures.
The knotheads got what they deserved, risking money with the moron. Probably a bunch of libtards, anyway. I’m just laughing that Hillary’s & Webb’s daughter married an “FJB” — PIAPS’ favorite people.
Buying into Greek debt? LOL! What could go wrong?
So, the guy whose father was in the $100 bill scam has run an “invest in Greece” scam.
Well, color me shocked.
I believe he had a strange short chapter in his life:
He had some existential crisis, chucked it all, and for a time had resolved to simply spend the rest of his life SNOW-BOARDING.
Maybe he’ll now repeat that..?
I’m wondering, anyway.
He simply doesn’t give a f*ck.
"Snowboarding, man..! Big air, man..! Snowboarding.....snowboarding..."
Did he get a commission on the sale of this junk? Wonder if he’ll pay it back.
How much money did he make from start to finish for his lucrative advice? /s
he corzined them but good LOL
Well like Chelsea told everyone “I don’t really care about money”
If he had he would not be alive today
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