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Inside the shady private equity firm run by Kerry and Biden’s kids
nypost ^

Posted on 03/15/2018 7:01:50 AM PDT by ChicagoConservative27

My frustration,” writes Peter Schweizer in his new book, “Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends,” “is not that the solid reporting on Trump has been too tough, but that the reporting on the Obama administration has been way too soft or in some cases nonexistent.” The author of the 2016 sensation “Clinton Cash” says Trump and his children didn’t invent the blurring of government and business, and details a number of ethical violations on both sides of the political aisle. One example: the little-noticed private equity firm run by the sons of Democrats Joe Biden and John Kerry, as detailed in this exclusive first excerpt.

Joe Biden and John Kerry have been pillars of the Washington establishment for more than 30 years. Biden is one of the most popular politicians in our nation’s capital.

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


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: biden; bidenfamily; bidenson; bidenssons; bulger; chrisheinz; creepyjoebiden; devonarcher; equityfirm; hunterbiden; kerry; kerryson; rosemontcapital; schweizer; secretempires; shady; whiteybulger; whiteybulgur
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1 posted on 03/15/2018 7:01:51 AM PDT by ChicagoConservative27
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To: ChicagoConservative27

I am shocked. Shocked, I tell you.


2 posted on 03/15/2018 7:03:21 AM PDT by simpson96
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To: simpson96

Is that where some of that missing BILLIONS and BILLIONS
went, or was it taken from the cash pallets to Iran?
or was it just kickback from Pizzagate and Iran?


3 posted on 03/15/2018 7:06:15 AM PDT by Diogenesis
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To: ChicagoConservative27

Money laundering at its finest. Linked into Congressional computers and the Clinton Foundation computers. Nothing to see here. Move along!


4 posted on 03/15/2018 7:09:18 AM PDT by DrDude
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To: ChicagoConservative27

I have been ranting about Kerry’s corruption since my first days here (1998 btw.. :-) ).

This is not a surprise.


5 posted on 03/15/2018 7:16:21 AM PDT by cgbg (Hidden behind the social justice warrior mask is corruption and sexual deviance.)
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To: ChicagoConservative27

Somehow these deals were (and probably still won’t be) of no interest to the swamp media or Republicans in Congress.


6 posted on 03/15/2018 7:23:29 AM PDT by Freee-dame (Best election ever!)
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To: ChicagoConservative27

When the offspring of a powerful politican runs a lobbying firm, whose influence do you think he/she is selling?


7 posted on 03/15/2018 7:26:59 AM PDT by Pearls Before Swine ("Married with children.")
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To: simpson96

SIMPLY
TREASON!


8 posted on 03/15/2018 7:30:02 AM PDT by Stayfree (LIBERALISM & STUPIDITY ARE BOTH INCURABLE MENTAL DISEASES OFTEN FOUND TOGETHER!)
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To: ChicagoConservative27

bump


9 posted on 03/15/2018 7:31:17 AM PDT by apocalypto
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To: ChicagoConservative27

Rosemont Seneca joined forces in doing business in China with another politically connected consultancy called the Thornton Group. The Massachusetts-based firm is headed by James Bulger, the nephew of the notorious mob hitman James “Whitey” Bulger. Whitey was the leader of the “Winter Hill Gang, part of the South Boston mafia. Under indictment for 19 murders, he disappeared. He was later arrested, tried, and convicted.

James Bulger’s father, Whitey’s younger brother, Billy Bulger, serves on the board of directors of the Thornton Group. He was the longtime leader of the Massachusetts state Senate and, with their long overlap by state and by party, a political ally of Massachusetts Senator John Kerry.”


10 posted on 03/15/2018 7:39:21 AM PDT by outpostinmass2
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To: outpostinmass2

The Bulgers are an excellent example of how Government and Organized Crime are largely indistinguishable.


11 posted on 03/15/2018 7:45:45 AM PDT by ClearCase_guy (The government cannot protect you and isn't even trying. Self-defense is a right.)
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To: ChicagoConservative27

According to a recent story in The Wall Street Journal, Bohai Industrial Investment Fund Management Co. and Harvest Fund Management Co – both Chinese fund managers, will be teaming up with US financial advisory firms Rosemont Seneca Partners and Thornton Group LLC to raise the fund for investing in high-end manufacturing, financials, consumer, and energy and resources outside of China.

The fund is using a company set up in Shanghai’s Pilot Free Trade Zone (FTZ) as a way to simplify access to foreign exchange, and experts on the web of regulations that China has put in place to control its currency indicate that this approach will make it possible for the fund to more rapidly deploy Chinese capital for acquiring overseas assets.
https://www.forbes.com/sites/michaelcole/2014/07/14/how-china-is-helping-its-private-equity-firms-invest-overseas/#723fc0b46d35


12 posted on 03/15/2018 7:46:03 AM PDT by outpostinmass2
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To: outpostinmass2

Hmmmm.... no Bulger family reunions during the many years on the lamb.

Amazing.


13 posted on 03/15/2018 7:46:27 AM PDT by ptsal ( Get your facts first, then you can distort them as you please. - M. Twain)
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To: simpson96; ChicagoConservative27
***snip***

...Christopher Heinz, the stepson of [Kerry] the chairman of the Senate Committee on Foreign Relations (later to be secretary of state), were creating was an international private equity firm. It was anchored by the Heinz family alternative investment fund, Rosemont Capital. The new firm would be populated by political loyalists and positioned to strike profitable deals overseas with foreign governments and officials with whom the US government was negotiating.

14 posted on 03/15/2018 7:50:21 AM PDT by ptsal ( Get your facts first, then you can distort them as you please. - M. Twain)
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To: ChicagoConservative27

The media sees nothing wrong with this. It’s just Democrats being enterprising. But a Republican talking to a Chinese govt. official, that has to be illegal somehow, because they see Republicans as the enemy. Oh, but their news reporting is unbiased.


15 posted on 03/15/2018 7:51:17 AM PDT by robel
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To: ptsal

They all knew White Bulger was in Santa Monica, which coincidentally had a Gillette owned manufacturing facility (Papermate Pens). People from the South Boston Gillette plant where often transferred out to Santa Monica plant. I’m sure some “care packages” were shipped between the two facilities.


16 posted on 03/15/2018 8:03:10 AM PDT by outpostinmass2
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To: ChicagoConservative27

Dare we ask if this will be reflected in those 18,000 sealed indictments?


17 posted on 03/15/2018 8:06:50 AM PDT by sevlex
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To: outpostinmass2

Ah Papermate and Patrick Frawley jr


18 posted on 03/15/2018 8:24:33 AM PDT by al baby (Hi Mom Hi Dad)
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To: ChicagoConservative27

Hunter is a coke head. Everyone in Delaware knows this. Was even given a waiver and got a commission in the navy reserves before he was kicked out only after a short time - for doing coke.


19 posted on 03/15/2018 8:31:25 AM PDT by KC_Conspirator
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To: ChicagoConservative27

Amazing! These crooks sure know all the ins and outs, don’t they? How to set things up totally invisible to the public. Ain’t that great? Kerry and Biden - two of the most sleazy guys on the planet...but then they’re democrats..so you have to account for the other scumbags also. Schweitzer does good work! Look forward to this book.

“”Some of the deals they secured may remain hidden. These Rosemont entities are, after all, within a private equity firm and as such are not required to report or disclose their financial dealings publicly.

Some of their transactions are nevertheless traceable by investigating world capital markets. A troubling pattern emerges from this research, showing how profitable deals were struck with foreign governments on the heels of crucial diplomatic missions carried out by their powerful fathers. Often those foreign entities gained favorable policy actions from the United States government just as the sons were securing favorable financial deals from those same entities.

Nowhere is that more true than in their commercial dealings with Chinese government-backed enterprises.””


20 posted on 03/15/2018 9:30:48 AM PDT by Thank You Rush
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