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Saturday, July 02, 2016

Clinton sought secret info on EU bailout plans as son-in-law's doomed hedge fund gambled on Greece

Hedge fund manager Marc Mezvinsky had friends in high places when he bet big on a Greek economic recovery, but even the keen interest of his mother-in-law, then-Secretary of State Hillary Clinton, wasn't enough to spare him and his investors from financial tragedy.

In 2012, Mezvinski, the husband of Chelsea Clinton, created a $325 million basket of offshore funds under the Eaglevale Partners banner through a special arrangement with investment bank Goldman Sachs. The funds have lost tens of millions of dollars predicting that bailouts of the Greek banking system would pump up the value of the country’s distressed bonds. One fund, exclusively dedicated to Greek debt, suffered near-total losses.

Clinton stepped down as secretary of state in 2013 to run for president. But newly released emails from 2012 show that she and Clinton Foundation consultant, Sidney Blumenthal, shared classified information about how German leadership viewed the prospects for a Greek bailout. Clinton also shared “protected” State Department information about Greek bonds with her husband at the same time that her son-in-law aimed his hedge fund at Greece.

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4 comments:

Anonymous said...

the first thing comes to my mind is the cattle futures scandal....

Anonymous said...

Scandal, scandal, scandal and lies lies and more lies is what the Clinton's are all about. Vote TRUMP!!!

Anonymous said...

Hillary is tied to international bankers in so many ways.
Daughter married into a Goldman family.
Foundation benefits from bankers' donations.
Lucrative "speaking fees" paid by bankers to both Clintons.

People need to realize that the international bankers are criminals.
There is a reason why all governments and all people are deep in debt.

Anonymous said...

The Borgias had more scruples.