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This hedge fund manager just lost millions on Greece (Clinton Son-in-Law LOL!!!)
Fortune ^ | June 29, 2015 | Stephen Gandel

Posted on 06/30/2015 5:08:18 PM PDT by PJ-Comix

Talk about a horrible way to start the week.

A number of hedge funds that were already bracing for losses on Greek debt also found out late Sunday night that they would likely have to swallow big losses on investments in Puerto Rico as well.

[SNIP!]

...Another loser in Greece has been Marc Mezvinsky, the husband of former, and potentially future, first child Chelsea Clinton. Mezvinsky’s firm EagleVale, which has made bets in Greece, was down nearly 4% last year. A small fund the firm runs that is completely dedicated to investing in Greece was down 48%.

(Excerpt) Read more at fortune.com ...


TOPICS: Business/Economy; Politics/Elections
KEYWORDS: alexistsipras; bankrupt; clinton; eaglevale; europeanunion; greece; hedgefund; marcmezvinsky; mezvinsky; syriza
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LOL! Lousy financial moves runs in that family. Marc's father (Chelsea's father-in-law) got conned into answering a Nigerian email and investing in a scam which wiped him out and now Chelsea's hubby invested bet on Greece. So long investment!
1 posted on 06/30/2015 5:08:18 PM PDT by PJ-Comix
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To: PJ-Comix

Don’t liberals condemn the evil 1% and hedge fund people??? Why is it OK for a liberal to run an evil hedge fund in the first place????


2 posted on 06/30/2015 5:11:38 PM PDT by Dilbert San Diego
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To: RebelTex; cabojoe; Conspiracy Guy; Lady Jag; glock rocks; MeekOneGOP; sam_paine; ...
Humor PING!

And this qualifies as humor. Too funny! LOL! Father Mezvinsky bet big on a Nigerian email scam and lost and now the son bet big on Greece and lost!!!

3 posted on 06/30/2015 5:11:54 PM PDT by PJ-Comix (DUmmie Skinner: Bought & Paid For By Hillary)
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To: PJ-Comix

If Marc keeps losing money on bad investments, Hillary might be compelled to take him out : )


4 posted on 06/30/2015 5:13:04 PM PDT by stephenjohnbanker (My Batting Average( 1,000) (GOPe is that easy to read))
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To: Dilbert San Diego

Because those are the Marxist scumbags keeping Socialists places like Greece a float. They could care less about profits just as long as they channel stupid investors money to Socialists black holes.


5 posted on 06/30/2015 5:14:37 PM PDT by justa-hairyape (The user name is sarcastic. Although at times it may not appear that way.)
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To: PJ-Comix
Most financial people advise you to split your portfolio across US stocks, international stocks, and bonds. You can do index funds to get that diversity easily. I've always resisted getting the international stuff for two reasons: there is a currency exchange risk involved always, and I don't trust foreign governments to do smart, fair things in their markets. Well, I broke down and bought some a few months ago, an international index fund.

So it's my fault.

6 posted on 06/30/2015 5:14:42 PM PDT by pepsi_junkie (Who is John Galt?)
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To: PJ-Comix

That’s ok, Chelsea will go on the circuit giving speeches, then raid the Clinton Foundation. They’ll get by.


7 posted on 06/30/2015 5:15:43 PM PDT by tioga
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To: PJ-Comix

Chelsea better cash in on the speech gravy train now while the gettin’s good.


8 posted on 06/30/2015 5:16:17 PM PDT by MUDDOG
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To: PJ-Comix

If he’s with the Clinton gang he’s too big to fail. I sense a bailout coming on...


9 posted on 06/30/2015 5:16:25 PM PDT by Billthedrill
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To: stephenjohnbanker

“Don’t worry, honey! I may have lost big on Greece but my Puerto Rican bonds will put us back on top again.”


10 posted on 06/30/2015 5:17:07 PM PDT by PJ-Comix (DUmmie Skinner: Bought & Paid For By Hillary)
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To: PJ-Comix

Harm joy. Schadenfreude. Taking pleasure at another’s misfortune.


11 posted on 06/30/2015 5:17:25 PM PDT by CharlesOConnell (CharlesOConnell)
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To: PJ-Comix

Simply chump change. Chelsea can draw a check on the Clinton Foundation to cover his losses.


12 posted on 06/30/2015 5:25:55 PM PDT by CdMGuy
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To: Dilbert San Diego

When his dad Ed, served time in federal prison for losing other people’s money, you might think long and hard before letting him invest yours. His mom pulls in six figures a year working for the Clinton Slush Foundation.


13 posted on 06/30/2015 5:27:30 PM PDT by blackdog (There is no such thing as healing, only a balance between destructive and constructive forces.)
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To: Dilbert San Diego

It’s OK as long as he’s a horrific loser and terrible investor. Because y’know, he didn’t build that. Besides, I hear Chelsea brought in a cool $65K for a 1 hour speech.


14 posted on 06/30/2015 5:28:52 PM PDT by Attention Surplus Disorder
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To: Attention Surplus Disorder

15 minute speech


15 posted on 06/30/2015 5:32:05 PM PDT by newfreep ("Evil succeeds when good men do nothting" - Edmund Burke)
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To: PJ-Comix

Get out of Greece, invest in California./s


16 posted on 06/30/2015 5:32:42 PM PDT by umgud (When under attack, victims want 2 things; God & a gun)
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To: umgud

Water futures?


17 posted on 06/30/2015 5:38:04 PM PDT by Dr. Ursus
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To: PJ-Comix

Aw, they might have to sell their condo. *sniff*


18 posted on 06/30/2015 5:39:15 PM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: PJ-Comix

19 posted on 06/30/2015 5:48:15 PM PDT by NonValueAdded (This is no deal, Øbama is negotiating terms of surrender)
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To: PJ-Comix

For every loser, there is a winner. Don’t be surprised to see a Clinton on the other side of this bet.


20 posted on 06/30/2015 5:49:52 PM PDT by Cboldt
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