Marc Mezvinsky Used Clinton Foundation To Attract Hedge Fund Investors
Marc Mezvinsky is a failed hedge fund manager. What’s even more embarrassing about Mezvinsky’s massive hedge fund fiasco is that he had all the advantages of having in-laws with powerful positions and connections. That combined with his lack of ethics to try and use them to make money, shines another shameful light on Clinton Inc.
Mezvinsky is no stranger to ethics complaints, and a new report by Politico re-injects those bad stories into the election, with only one day to go. On Sunday Politico reported that Mezvinsky used the Clintons’ many rich connections, cultivated through the Clinton Foundation, to raise money for his now-shuttered hedge fund:
“Chelsea Clinton’s husband used his connections to the Clinton family and their charitable foundation to raise money for his hedge fund, according to an allegation by a longtime Clinton aide made public Sunday in hacked documents released by WikiLeaks. Marc Mezvinsky extended invitations to a Clinton Foundation poker event to rich Clinton supporters he was courting as investors in his hedge fund, and he also relied on a billionaire foundation donor to raise money for the fund, according to the WikiLeaks documents. They also assert that he had his wife Chelsea Clinton make calls to set up meetings with potential investors who support her family’s political and charitable endeavors.”
These new revelations, which come from the Podesta emails, fit a pattern that shows Mezvinsky leveraging high-profile Clinton confidantes for his own gain:
“In a Jan. 2012 email to Podesta, Mills and current Virginia Gov. Terry McAuliffe, Band wrote that Mezvinsky invited “several potential investors” for his hedge fund “and a few current business ones” to a foundation poker night fundraiser he had been planning. ‘I assume all are contributing to the foundation, which of course isn’t the point,’ Band wrote. ‘The entire plan of his has been to use this for his business.'”
Mezvinsky’s disgraceful conduct does not lend much confidence to the notion that he will be able to constrain his greed should his mother-in-law be elected.