Chelsea Clinton's 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, Bennett Grau and Mark Mallon (Goldman Sachs alumni)are reported to have finally pulled the plug on the failed investment last month. (Excerpt) Read more at dailymail.co.uk ...
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MUSINGS Just wondering----how much of the $25 million "accidentally" wound up in the Clinton Foundation coffers----or one of it's many offshoots. Maybe the one in No-Tell Caanada?
“losing 90 percent of its money betting on the Greek recovery.”
These people are not only corrupt, they’re dumb!
Was the Cruz family involved in this transaction? Goldman is the link between Cruz and Clinton.
Lots of 'you scratch my back, I'll scratch yours' going on... the upside is Chelsea - when totally broke - might discover money means something to her after all...
However, if a person purchased Greek debt at 30 cents on the dollar and then sold it to Hillary's SIL at 40 cents on the dollar, one could make a lot of money fast.
So the key question then becomes, not who lost money speculating in Greek debt, but who might have profited.
Apparently WRT means ‘with reference to’. Learn something new every day.
Hillary connected to GS via Chelsea.
Cruz to GS via wife.
I start to see a pattern.