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To: A_Former_Democrat

Partner, there’s somethings that even money can’t fix.


20 posted on 10/09/2018 12:34:14 PM PDT by onona (It is often wise to allow a person a graceful path.)
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To: All
Chelsea’s husband allegedly used Clinton Foundation ties to boost his failing Eaglevale hedge fund. In a hacked email to Podesta, ex-Clinton aide Doug Band claims Marc Mezvinsky traded on family ties to help his fund.

By KENNETH P. VOGEL, Politico staff, 11/06/2016

Chelsea Clinton’s husband Marc Mezvinsky extended invitations to a Clinton Foundation poker event to rich Clinton supporters he was courting as investors in his hedge fund, and he also relied on a billionaire foundation donor to raise money for the fund, according to the WikiLeaks documents. They also assert that he had his wife Chelsea Clinton make calls to set up meetings with potential investors who support her family’s political and charitable endeavors.

The documents — a memo and an email — were written in late 2011 and early 2012, respectively, by ex-Clinton aide Doug Band. They were sent to family confidants including John Podesta, who is now serving as Hillary Clinton’s presidential campaign chairman, and Cheryl Mills, who was Clinton’s State Department chief of staff. They were hacked from Podesta’s Gmail account and made public Sunday in the latest batch of Podesta emails released by WikiLeaks.

At the time Band wrote them, Mezvinsky, who had been an investment banker at Goldman Sachs, was working with two partners to raise capital to launch a hedge fund of their own called Eaglevale Partners. The word among rich Clinton backers on Wall Street was that the family would look favorably on investments in Eaglevale, a major Manhattan investor told POLITICO. That sentiment seems to be corroborated by the newly released WikiLeaks, which could provide fodder for critics, including Clinton’s Republican rival Donald Trump, who argue that the Clintons have used their charitable foundation to try to enrich themselves. Band did not respond to requests for comment Sunday, nor did representatives for Chelsea Clinton or the Clinton Foundation, while an Eaglevale spokesman declined to comment or to make Mezvinsky available for comment.

THE PODESTA EMAILS----In a Jan. 2012 email to Podesta, Mills and current Virginia Gov. Terry McAuliffe, Band wrote that Mezvinsky invited “several potential investors” for his hedge fund “and a few current business ones” to a foundation poker night fundraiser he had been planning. “I assume all are contributing to the foundation, which of course isn't the point,” Band wrote. “The entire plan of his has been to use this for his business.” In the same email, Band — referring to Chelsea Clinton by her initials — wrote that Mezvinsky “has CVC making some calls for him to get mtgs with some clinton people.” And, in a Nov. 2011 memo released Sunday, Band wrote that major Clinton Foundation donor Marc Lasry was “assisting Marc Mezvinsky – Chelsea Clinton Mezvinsky’s husband – in raising money for his new fund.”

Lasry, who also employed Chelsea Clinton as a chemical industry analyst at his own hedge fund Avenue Capital Group from late 2006 until 2008, declined to comment. But Band, in his Jan. 2012 email, suggested that Mezvinsky needed to lean on his wealthy and well-connected in-laws because he wasn’t having much luck generating investor interest in his hedge fund on his own. “His raising money for his own fund hasn't been going well,” wrote Band, who at the time was engaged in something of a turf war with Chelsea Clinton. She had accused Band, who had worked closely for years with Bill Clinton at the foundation and on for-profit ventures, of using his foundation role to supplement his money-making ventures.

--SNIP--

SOURCE https://www.politico.com/story/2016/11/chelsea-clinton-foundation-marc-husband-230859

40 posted on 10/09/2018 1:39:03 PM PDT by Liz (Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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