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What can he say? He was wrong: does anyone "need" to hear it? The investors knew it was a theory (the greek economy would recover). The theory was wrong. We aren't talking about widows and orphans here; people that decided to commit funds knew that it was either a huge payday or bust.
Anyone dumb enough to invest in a fund long on Greece deserves to be wiped out. It would be almost as dumb as betting that the US could repay its debt.
Looks like both Clinton women really know how to pick their men.
What did he do wrong? He managed a fund for wealthy people who like to gamble on world events. They bought low and were gambling on Greece's quick economic recovery - but the Greece economy kept going south. Clinton's husband did not mismanage or steal from the fund, or make unauthorized transactions.
Marc's father Ed is a long-time Clinton associate.
Beginning in the early 1990s, Mezvinsky used a wide variety of 419 scams. According to a federal prosecutor, Mezvinsky conned using "just about every different kind of African-based scam we’ve ever seen."[11] The scams promise that the victim will receive large profits, but first a small down payment is required. To raise the funds needed to front the money for the fraudulent investment schemes he was being offered, Mezvinsky tapped his network of former political contacts and dropping the name of the Clinton family to convince unwitting marks to give him money.[12]
In March 2001, Mezvinsky was indicted and later pleaded guilty to 31 of 69 felony charges of bank fraud, mail fraud, and wire fraud.[13] Nearly $10 million was involved in the crimes. Shortly after his indictment, he was diagnosed with bipolar disorder, but the judge at his trial disallowed a mental illnessdefense.[5] He served his time at Federal Prison Camp, Eglin.[14] Mezvinsky, Federal Bureau of Prisons # 55040-066, was released in April 2008.[15] He remained on federal probation until 2011, and as of 2010 still owed $9.4 million in restitution to his victims.[16]
Location: By the sea, by the sea, by the beautiful sea
68,329 posts, read 54,381,135 times
Reputation: 40736
Quote:
Originally Posted by WaldoKitty
And imagine, the DNC wants to nominate this bunch to haunt the White House.
As opposed to the GOP wanting to nominate a guy to inhabit the White House who sells his name to various projects like condos in Baja or starts bogus Universities ( you know, things that shouldn't carry risk like a hedge fund does? ) and then quickly waltzes away when they come into question?
I love reading how conservatives are upset that capitalism creates losers as well as winners.
This thread is another 'follow the shinny object,' thread instead about competing policies, that the Trumpists don't want to mention, it's about Chelsy's husband.
Apparently, a failing business is news if it smears Hillary but a Trump failed business is off limits.
I love reading how conservatives are upset that capitalism creates losers as well as winners.
This thread is another 'follow the shinny object,' thread instead about competing policies, that the Trumpists don't want to mention, it's about Chelsy's husband.
Do we need to check the threads about Trump's bankruptcies to see if you had a different opinion of this subject on those?
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