Thursday, September 8, 2016

Another Hedge Fund closes


Survival of the fittest...




10 comments:

Ryan Harris said...

He's a Rothschild scion. I'm sure he'll get another chance.

Bob said...

I sense a chill in the bedroom.

Gary Hart said...

I feel so bad for him and the Clintons.

Ralph Musgrave said...

Please donate to my charity set up for the benefit of homeless Clintons sleeping rough.

Matthew Franko said...

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.html

Probably lost a lot of Diller's munnie....

MRW said...

hahahahahahahahahahahhahahahahahahahahahaha

Seve141 said...

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 ......

John said...

"...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!

Matt Franko said...

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...

The Rombach Report said...

"And these are the Masters of the Universe? Perhaps, but what kind of fucked up universe is this?"

A confederacy of dunces!