hedge funds - Clintons

VitaMan's Avatar
You may ask yourself:

Why did the Rock's wife have a hedge fund ?
Whey did Chelsea Clinton's husband have a hedge fund ?

Think of it like this:

People send you their money. You put it in your account. It is the same as having a whole bunch of other peoples money in your checking account. Then, here is what you get to do:

- if investments make money, you get to keep 20%
- if the investments lose money, you get to collect 2% fees for doing that


Plus:

The Clinton foundation is closing several of its parts. Accusation range from collecting donations for Haiti earthquake victims, and doing nothing. Global initiative the same.

Plus:

Hillary now testing speech giving circuit again, to ask 200 k per speech
Guest123018-4's Avatar
They are criminals that have yet to be convicted.
Chelsea's father in law has done time. Her husband had to close down his hedge fund after bilking investors out of $90M to invest in Greece. A true crime family. How nice.
BigLouie's Avatar
They didn't bilk anyone. Plenty of hedge funds close every year because their bets go wrong and they go bust. Right now hedge funds are failing at a pretty fast rate
VitaMan's Avatar
I don't know if the Rock's wife ever got any clients, or how she did investing.

One of the interesting things is Warren Buffet disparages hedge funds, and says you would have gotten better investment returns by avoiding their fees and profit cuts. But........when he started out, he got clients to
invest with him.......and took profits and fees !
Research the Rose Law Firm in Arkansas and then let me know what you think about the Clintons.
Guest123018-4's Avatar
If you cannot run a criminal organization better than that there is no way she could have run this country.
bigwill832's Avatar
I just enjoyed how Hillary Clinton disparaged hedge fund managers and Wall Street, yet that is who she surrounded herself with. She truly relied on the ignorance of the voters.
jbravo_123's Avatar
Let's be honest, Wall Street has long had its tendrils in both political parties for years. Things have just gotten worse since Citizens United now that corporations are "people" too.
Slitlikr's Avatar
Can you name a corp. with no stockholders? (PEOPLE).
VitaMan's Avatar
The New York Times stated “As the Russians gradually assumed control of Uranium One in three separate transactions from 2009 to 2013, Canadian records show, a flow of cash made its way to the Clinton Foundation.” “And shortly after the Russians announced their intention to acquire a majority stake in Uranium One, Mr. Clinton received $500,000 for a Moscow speech from a Russian investment bank with links to the Kremlin that was promoting Uranium