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Chelsea's Husband to Close Greek Hedge Fund After Losing 90% of Value
Topic Started: May 11 2016, 04:12 PM (165 Views)
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Director @ Center for Advanced Memetic Warfare
Chelsea's Husband to Close Greek Hedge Fund After Losing 90% of Value

(excerpt)

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Chelsea Clinton's husband is reportedly closing his Greek hedge fund. The news from Marc Mezvinsky comes after the fund is said to have lost 90 percent of its value.

"It was a hedge fund portfolio pitched by Hillary Clinton's son-in-law, Marc Mezvinsky, as an opportunity to bet on a Greek economic revival," the New York Times reports.

"Now, two years later, the Greece-focused fund is shutting down, after losing nearly 90 percent of its value, according to two investors with direct knowledge of the matter who spoke on the condition of anonymity.

"Investors were told last month that the fund would close. The fund, Eaglevale Hellenic Opportunity, had raised $25 million from investors to buy Greek bank stocks and government debt.


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Only liberals can choose not to go down the road to widespread, systematic violence.
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Robertr2000
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It's called bankruptcy. All Ponzi schemes "should" end up that way.
Edited by Robertr2000, May 12 2016, 11:15 AM.
"if that **** wins we'll all hang from nooses"
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