Posted on 07/25/2016 1:55:20 PM PDT by boknows
The effect on Mezvinskys hedge fund has been gruesome. It raised $25 million for its investments, but had already lost about 40 percent of its value by early 2015. Rather than shuttering the fund then, Mezvinsky pressed ahead.
Marc Mezvinsky - Wikipedia, the free encyclopedia
https://en.wikipedia.org/wiki/Marc_Mezvinsky
Marc Mezvinsky (born December 15, 1977) is an American investment banker, co-founder of the hedge fund Eaglevale Partners, and the husband of Chelsea Clinton, the .....
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So you flamed out as an alleged investment banker? You turned into a divestment banker? Helping your clients divest themselves of some unwanted millions.
He’ll always have a job waiting for him at the Clintooooooon Crime Family Foundation
He probably had another fund shorting Greek derivatives. Ask any bookie. It does not matter who wins or loses. It’s all about getting clients to bet..
He ought to consult with Hillary. I hear she’s lucky with cattle futures.
Is former staffer and life-long family friend of MIL, Jake Tapper reporting?
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I got an error message when first attempting to access this article:
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nginx/1.2.4
I know that you mean this as a rhetorical question, MM, but for those not in the know: He is a 0.001 percenter who ripped off his MF Global customers, but skated (like Hillary) because he was Goldman Sachs, exGov of NJ, and big Rat donor.
LOL Hedge funds are the investment vehicle of choice for the very wealthy and the very mathematically challenged. Given their obscene fees and expenses and the consequent negative compound interest, it is mathematically all but impossible to beat a low cost broad based index fund.
Why Hedge Funds Suck...
Paragraphs are your friend! That is unreadable!
The Clintons have a way of making other people's money disappear and ending up rich themselves.
The father of Chelsea's husband went to prison for fraud.
The Clinton's bankrupted the Whitewater Land Co and two Federally insured banks in Arkansas.
An estimated $100 million disappeared and no one knows where it went.
Jim McDougal, who the Clinton's said was their friend, went to prison and died in prison under suspicious circumstances.
His wife, Susan McDougal, also went to prison. The Clinton's took the money and walked away free.
The taxpayers and bank stockholders took the loss.
Usually when a fund loses over 90% of investors money there is negligence and other criminal activity.
Based on my memory from decades ago, from a Woody Allen movie set in the early 1900s.
Friend: What do you do?
Allen: I’m an investment counselor.
Friend: But what does that involve?
Allen: I keep investing my clients’ money until they don’t have anymore.
As Zelda Fitzgerald wished on an enemy, ‘May he die in an iron ring.’
I have no idea what that means but it comes from the inner darkness of the great Zelda and that’s enough for me.
Just walking the walk! After all, everyone knows that the GOP is the party of “the RICH”! (Ignore that messy little fact that most of Wall Street and California RICH are Democrats, as are the trust fund types!)
If Hillary wins, she can always give him a nice cushy job over at the Treasury Department. If she loses, he can “consult” for the Clinton Foundation while being a full time daddy. Either way, he’s set for life.
“Lost” 90% of investors money? Someone check Hillary’s pockets. Probably find it there.
It’s supposed to be!....................
Or become msnbc’s new money expert.
Would love to know if there was a clawback provision on the 2 and 20 with a loss this big . . .
Would like to know who the major investors were, how much they lost, and if they were permitted to make such risky investments.
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