HUMAN EVENTS EXCERPT: A former employee of bankrupt MF Global accused former president Clinton----chairman of Teneo's advisory board----of collecting $50,000 per month through his Teneo advisory firm in the months before MFG careened towards its Halloween filing for Chapter 11 bankruptcy, as hundreds of millions of investor funds disappeared.
Teneo was hired by MF Global’s former CEO Jon S. Corzine (an ex-Goldman Sachser) to improve his image and to enhance his connections with Clinton’s political family, said the employee, who asked that his name be withheld because he feared retribution, according to HE.
The source, who is no longer associated with MF Global, said Teneo is a dual-track company with one side devoted to merchant and investment banking and the other side set up to provide image and strategy consulting services. The Teneo contract with MF Global lasted some five months, the source said. The board cancelled it after Corzine resigned. The trustee for cheated MFG investors later sued JPMorgan bank for return of about $450M that MFG had wire- transferred out of its accounts to JPM's bank.
Chelsea's husband runs a hedge fund that gained access to (surprise) investors who had ties to the Clintons. Back in 2011, Mezvinsky, now 37, and two former Goldman Sachs colleagues — Bennett Grau and Mark Mallon — began raising money for Mezvinsky's Eaglevale Partners LP hedge fund.
Some of Eaglevale's investors included Goldman Sachs CEO Lloyd Blankfein. Blankfein, a slavish Democrat supporter, said he had "always been a fan of Hillary Clinton." The WSJ reports extensively on the fund's underperformance since its inception and Mezvinsky's mediocre investing and strategizing.
The Hillary-Goldman Sachs connection.
Then-US Sens Clinton and Corzine. Corzine was fresh out of Goldman Sachs executive suite, buying his NJ Senate seat office for $65 million; then buying the NJ governorship. Out of office, he ran a hedge fund where $1.5 B went missing.