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Friday, October 07, 2016

State Department "Loses" Smoking-Gun Clinton Greek Bond Insider-Trading Email

While the US media remains fixated on the fact that Donald Trump did not pay taxes in 1995, Sputnik News reports, a major scandal has been unfolding with the State Department mysteriously losing an email that documents potential insider trading on Greek bonds by Hillary Clinton’s son-in-law Marc Mezvinsky.

As we detailed just 6 months ago, Hilary Clinton's son-in-law shuttered his hedge fund in May after a 90% loss...

Despite having Goldman Sachs CEO Lloyd Blankfein as an investor and being Bill and Hillary Clinton's son-in-law, Marc Mezvinsky (and two former colleagues from Goldman Sachs who manage Eaglevale Partners hedge fund) told investors in a letter last February they had been "incorrect" on Greece, generating staggering losses for the firm’s main Eaglevale Hellenic Opportunity, a/k/a the "Greek recovery" fund during most of its life. By 'incorrect' the Clinton heir apparent meant the $25 million Eaglevale Greek fund had lost a stunning 48% in 2014.

Which is not to say the larger fund it was part of is doing any better: as of last February, Eaglevale had spent 27 of its 34 months in operation below its high-water mark. We are confident that 13 months later the numbers are 40 out of 47, respectively.

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