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Chelsea Clinton’s Husband Closing Hedge Fund After Losing 90 Percent Of Its Money

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    Chelsea Clinton’s Husband Closing Hedge Fund After Losing 90 Percent Of Its Money

    Maybe he should have asked Hillary for taking advice?

    Chelsea Clinton’s Husband Closing Hedge Fund After Losing 90 Percent Of Its Money



    Chelsea Clinton’s husband is shutting down a hedge fund he founded after losing 90 percent of investors’ money.
    Marc Mezvinsky promoted Eaglevale Hellenic Opportunity as a means to bet on, and profit from, a Greek economic recovery. The fund was a spinoff of Eaglevale Partners, a larger hedge fund founded by Mezvinsky and two colleagues from his days working at Goldman SachsDo You Think Chelsea Clinton Should Run For President One Day?
    Eaglevale Hellenic Opportunity specialized in buying up Greek stocks and government debt, betting the country would finally get its house in order and come roaring back. Mezvinsky argued in 2014 that, despite many signs to the contrary, Greece would soon be on the road to “sustainable recovery” and investors would be able to take advantage.
    Instead, the Greek economy has simply remained terrible, and the country recently had to negotiate yet another debt dealwith its EU neighbors to avert a total collapse.


    The effect on Mezvinsky’s 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.
    Now, The New York Times’ DealBook reports, the end has finally come, but only after the fund lost 90 percent of investors’ money. The fund’s closure was reportedly announced to investors a month ago.
    The main Eaglevale hedge fund has performed better, though it would be hard not to. The fund has lost about 1 percent of its value this year, which DealBook says is slightly worse than the typical hedge fund performance (the S&P 500, meanwhile, has grown by almost 2 percent). That’s still far better than its performance in 2014, when it lost 3.6 percent of its value in a year where the average hedge fund grew 5 percent.




    Read more: http://dailycaller.com/2016/05/11/ch...#ixzz48s2REH1C
    "Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." Martin Luther King, Jr.

    #2
    Socialist Greek economy is failing... Impossible!

    Comment


      #3
      $25,000,000, geez, he was half way to paying for a good mask for his Clinton spawn wife

      Comment


      • Karpteach
        Karpteach commented
        Editing a comment
        250 mil wouldn't fix that face! It's sad that she will has kids that might look like her!

      #4
      How is this even possible? Isn't Goldman Sachs flawless in buying politicians? Oh well, I guess they'll have to listen to another 100 speeches by Hillary now.
      I will be celebrating on Jan. 20th regardless of Nov 8th.

      Comment


        #5
        Originally posted by HowardRoark View Post
        How is this even possible? Isn't Goldman Sachs flawless in buying politicians? Oh well, I guess they'll have to listen to another 100 speeches by Hillary now.
        Doesn't Mrs Cruz work for them? Or is she on leave?

        Comment


        • HowardRoark
          HowardRoark commented
          Editing a comment
          unlike Trumpsters, I never supported my candidate blindly although I wouldn't indict him based on his wife's position with Goldman Sachs.

        • Aquabach
          Aquabach commented
          Editing a comment
          So working for Goldman Sachs is a detriment?
          You guys are feeling the Bern!

        • HowardRoark
          HowardRoark commented
          Editing a comment
          No. Goldman Sachs employs highly intelligent, motivated people, but in order to do stay in business, they have to maintain corrupt relationships with politicians. I was just pointing out the nexus. I'm not really blaming GS. I just wish they didn't have to play the game.

        #6
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        Comment


          #7
          Originally posted by Aquabach View Post
          ...Marc Mezvinsky promoted Eaglevale Hellenic Opportunity as a means to bet on, and profit from, a Greek economic recovery. ...
          Aw shit. I guess it's too late to double-down on Venezuela.
          To be human is to be armed.

          Comment


            #8
            After losing 90% of his clients money, he should probably use the last 10% to buy soft body armor.

            Comment


            • LazyLab
              LazyLab commented
              Editing a comment
              He should be in shackles

            • Helmup
              Helmup commented
              Editing a comment
              True, but as long as they play by the government's rules, white collar criminals prosper,with a few notable exceptions.

            #9
            Wow a Clinton (by marriage) lying, cheating, and stealing...well thats a fucking shock right there!! Fuck those skanks

            Comment


              #10
              Originally posted by Helmup View Post
              After losing 90% of his clients money, he should probably use the last 10% to buy soft body armor.
              People stupid enough to invest with a dweeb and a stupid idea deserve what they get.
              As long as he didn't lie and followed the law that's the way it is.
              That's capitalism boys & girls. Risk /reward means sometimes you lose.
              I love that they lost in investing in socialism though. That's pretty funny.
              Most likely they figured Hillary would figure out a way to get the USA to bail out Greece. If they thought that, I'm even happier they lost their shirts
              "Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." Martin Luther King, Jr.

              Comment


                #11
                Just another money funnel to the Clinton family coffers. Never ends

                Comment


                  #12
                  Ben

                  Comment


                    #13
                    Well, the apple doesn't fall far from the tree.
                    Do a little digging and the connection between the Clintons and Mezvinsky go back many years.

                    http://conservativeamerica-online.co...-felon-6-of-6/















                    Did you ever wonder who that allusive “Nigerian Prince” is who might be sending you those emails looking for money? Look no farther than the Clinton Family Tree.
                    As the saying goes, you can pick your friends, but you can’t pick your family. Bill and Hillary Clinton learned this lesson the hard way when Chelsea Clinton decided she wanted to marry Marc Mezvinsky.
                    Edward Maurice “Ed” Mezvinsky, Chelsea Clinton’s father-in-law and her daughter’s grandfather, is a convicted Felon. The former Democrat Congressman from Iowa’s 1st Congressional District in the United States House of Representatives, served two terms, from 1973 to 1977.
                    Ed Mezvinsky has known Hillary Clinton since the days when he served on the House Judiciary Committee that decided the fate of President Richard Nixon. This harsh critic of President Richard Nixon, had called Nixon “a crook” and “a disgrace to politics and the nation”, and called for Nixon’s impeachment.
                    But, did you ever wonder who that allusive “Nigerian Prince” is who might be sending you those emails looking for money? Look no farther than the Clinton Family Tree.
                    Through a series of Nigerian email scams and Ponzi schemes, Ed Mezvinsky, Chelsea Clinton’s father-in-law embezzled more than $10 million dollars. In 2001, Ed Mezvinsky was convicted of 31 (out of 69!) charges of fraud, and served five years in federal prison. His fraud charges included bank, mail, wire, as well as other offenses involving financing bogus oil development and other trade deals in Africa.
                    But don’t think Ed doesn’t keep it in the family. In addition to his law clients and friends, he even bilked his own (now deceased) mother-in-law out of money. To date in 2015, the Fraudster still owes over $9.4 million in restitution to his victims.
                    A lot of political pundits have made allusions to the fact that the Clintons’ and the Mezvinkys’ behaviors are so similar, that it is what bonded the two. Be that as it may, the Clintons go to great lengths to never, ever, be seen or photographed with any of Chelsea’s in-laws. So afraid is the Clinton Dynasty of being tarnished by the Mezvinkys that neither Ed nor his second wife and Marc’s mother, Marjorie Sue Margolies-Mezvinsky, were allowed in any of Chelsea’s wedding pictures.
                    It is yet to be seen if Hillary Rodham Clinton becomes President of the United States of America, if she will ask her only child’s in-laws to the White House for the Holidays. If she does, it is sure that there will be a ban on photographs when the Felons enter the “People’s House.”











                    A man can never have too much red wine, too many books, or too much ammunition.

                    - Rudyard Kipling

                    Comment


                    • Aquabach
                      Aquabach commented
                      Editing a comment
                      Birds of a feather....

                    #14
                    SHOCKED,,,,,,,,,,,,,,,, wonder if billary would have a senate hearing looking into this behavior she promises to go after wall st., The inlaws seem like real nice people how is it he can walk among free society, oh right he is of the royal class of thieves and that says it all

                    Comment


                      #15
                      I'm starting to wonder now. Perhaps this was a scheme to throw money at the Clintons .
                      The Foundation is getting a little bit to obvious so they came up with this scam. Who on earth would bet on a Greek recovery
                      "Nothing in the world is more dangerous than sincere ignorance and conscientious stupidity." Martin Luther King, Jr.

                      Comment


                      • Southshorerob
                        Southshorerob commented
                        Editing a comment
                        Iam with you. .. it was planned to tank for what ever reason.

                      • HowardRoark
                        HowardRoark commented
                        Editing a comment
                        Maybe Chelsea has an independent streak & Momma wanted to make sure she was kept in line?
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