Chelsea Clinton's hedge fund boss husband has refused to apologize to investors - despite losing nearly $25 million in a calamitous gamble on the Greek economy.He bet on Greece?!? How stupid do you have to be to invest in Greece? It's like he's completely financially illiterate. Where the heck was father-in-law, President Bill Clinton with advice? How about the Hildebeast?
Marc Mezvinsky, 38, persuaded clients to pour cash into the struggling European country in the hope it would bounce back and deliver massive profits. But after buying up government debt and bank stock, the dramatic upturn he and his partners predicted failed to materialize and the fund's value plunged by an estimated 90 percent.
I dunno, maybe this was just a tiny side bet for the guy, a real flyer. I hope so, because if not and if the in-laws were in on the discussions, it doesn't speak well of any of them.
1 comment:
I started reading this and immediately thought he based his decision on insider information from Mom-in-law straight from the geniuses of the Obama administration.
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