An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Bad Active Investing: Chelsea Clinton's Husband to Close His Hedge Fund After Losing 90% of Value https://t.co/phB760ntrp— PersonalFinanceNews (@PerFinNews) September 6, 2016
Bad Active Investing: Chelsea Clinton's Husband to Close His Hedge Fund After Losing 90% of Value https://t.co/phB760ntrp
He's a Rothschild scion. I'm sure he'll get another chance.
I sense a chill in the bedroom.
I feel so bad for him and the Clintons.
Please donate to my charity set up for the benefit of homeless Clintons sleeping rough.
The good olde days:http://www.dailymail.co.uk/news/article-3201682/Chelsea-Clinton-enjoys-snorkeling-trip-Sardinia-husband-Mark-friends-mother-fights-growing-questions-emails-home.htmlProbably lost a lot of Diller's munnie....
When Hillary Clinton’s son-in-law sought funding for his new hedge fund in 2011, he found financial backing from one of the biggest names on Wall Street: Goldman Sachs chief executive Lloyd Blankfein.The fund, called Eaglevale Partners, was founded by Chelsea Clinton’s husband, Marc Mezvinsky, and two of his partners. Blankfein not only personally invested in the fund, but allowed his association with it to be used in the fund’s marketing.The investment did not turn out to be a savvy business decision. Earlier this month, Mezvinsky was forced to shutter one of the investment vehicles he launched under Eaglevale, called Eaglevale Hellenic Opportunity, after losing 90 percent of its money betting on the Greek recovery. The flagship Eaglevale fund has also lost money, according to the New York Times. https://theintercept.com/2016/05/27/hillary-clinton-wont-say-how-much-goldman-sachs-ceo-invested-with-her-son-in-law/Blankfein obviously has a different interpretation of charity ......
"...betting on the Greek recovery."This is absolutely surreal! This is the kind of world standard idiocy Mike and Matt bang on about. And these are the Masters of the Universe? Perhaps, but what kind of fucked up universe is this? A universe of dipshits, in which the more wrong you are the richer you become? Ah, yes, our universe!
They have to learn the hard way John...If we get another few years of ZIRP, imo all but the long only Hedge Funds will be toast like this Mezvinsky guy here...
"And these are the Masters of the Universe? Perhaps, but what kind of fucked up universe is this?"A confederacy of dunces!
Post a Comment