http://www.breitbart.com/radio...ions-enrich-buddies/

Peter Schweizer, president of the Government Accountability Institute, joined Monday’s edition of SiriusXM’s Breitbart News Tonight to discuss revelations in his latest book, Secret Empires: How the American Political Class Hides Corruption and Enriches Family and Friends, including how former President Barack Obama’s “smash and grab” strategy allowed friends to buy up various companies for “pennies on the dollar” following market devaluations resulting from the Obama administration’s regulatory policies. Some of the ill-gotten funds later found their way into the Obama Foundation.

Schweizer spoke of Martin Nesbitt — whom he described as Obama’s “best friend” — monetizing his knowledge of Obama’s regulatory plans.

When Barack Obama is reelected in 2012, his best friend in the world, Marty Nesbitt, sets up this private equity fund called Vistria, and Vistria says in its corporate documents, explicitly, that it is designed to invest in highly regulated industries, and when your best friend is the regulator-in-chief, I guess that makes sense, and what happens is, they make a series of investments or deals based on companies or industries that are being smashed by the Obama administration’s regulations.”

Schweizer pointed to the acquisition of the University of Phoenix by Vistria Group — the private equity firm run by Nesbitt that he co-founded in 2013 — as an illustration of Obama’s “smash and grab” strategy.

“So to give you one brief example, [the] University of Phoenix, it’s a for-profit school — a lot of people have heard of it — the Obama administration declares that the company is not serving students well, and they say, ‘We are going to suspend GI dollars from the Pentagon for soldiers to study at the University of Phoenix,'” explained Schweizer.

“Well, you can imagine, this for-profit university, its stock price goes from like a hundred dollars a share down to three dollars a share overnight. So what happens? Marty Nesbitt, Barack Obama’s best friend, says, ‘Hey! We’ll step in and buy it. We’ll step in and buy the company.’ They do. They basically buy it for three cents on the dollar, and then, lo and behold, imagine what happens next. The Obama administration decides that, ‘No, we are going to allow GI dollars flow to the University of Phoenix,’ thereby boosting the valuation of the company again.”

Schweizer described Obama’s “smash and grab” strategy as repeatedly used across Obama’s presidential tenure, with beneficiaries such as Tom Steyer and George Soros. He further noted that such ill-gotten funds partly find their way into the Obama Foundation via Nesbitt’s financing.

Marty Nesbitt is now the chairman of the Obama Foundation and is pouring money into that institution and is responsible for raising it so Barack Obama’s legacy can be applauded in Chicago.”

I experienced this first hand,they smashed a company I had stock in,I lost $125 k in one day.
It became a penny stock.

Heard of this a couple days back on the radio. Wouldn't it be ducky if some assets could be taken away from the criminals, Soros included? Maybe some arrests. Or maybe it will be swept under the carpet for future use by other politicians. Things like things should have been major news, not just to sell a book.