2016 Postmortem
Related: About this forumHillary Clinton Won't Say How Much Goldman Sachs CEO Invested With Her Son-in-Law
When Hillary Clintons 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 Clintons 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 funds marketing.
The investment did not turn out to be 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.
There has been minimal reporting on the Blankfein investment in Eaglevale Partners, which is a private fund that faces few disclosure requirements. At a campaign rally in downtown San Francisco on Thursday, I attempted to ask Hillary Clinton if she knew the amount that Blankfein invested in her son-in-laws fund.
https://vimeo.com/168374146
https://theintercept.com/2016/05/27/hillary-clinton-wont-say-how-much-goldman-sachs-ceo-invested-with-her-son-in-law/
Thinkingabout
(30,058 posts)Son-in-laws business. How about Sanders putting his kids finances on the streets.
Throd
(7,208 posts)Response to Throd (Reply #2)
silvershadow This message was self-deleted by its author.
Baobab
(4,667 posts)This is just INSANE.
Its getting worse and worse, fast.
Thinkingabout
(30,058 posts)Their finances? Why the double standard?
TheSarcastinator
(854 posts)Savvy analysis. Now if only Levi Sanders actually worked in the financial services industry instead of as a social security disability analyst, you might have an intelligent point to make. But no: you prefer the Derp.
Thinkingabout
(30,058 posts)kids claimed by Sanders.
COLGATE4
(14,732 posts)Thinkingabout
(30,058 posts)in taxes. Sanders revealed one summary, shows he is in the top 6% of wage earners and he paid less than 10% in taxes. Now talk about getting the rich to pay their fair share, looks like this is a good starting point with both Sanders and Trump.
JoePhilly
(27,787 posts)Oh wait ... Bernie fans think Hillary is omnipotent.