August 02, 2019, 10:36 PM
sjtillBiden, Inc. How “Middle Class Joe” got rich from foreign “investors” to his family business
quote:
The day the Bidens took over Paradigm Global Advisors was a memorable one.
In the late summer of 2006 Joe Biden’s son Hunter and Joe’s younger brother, James, purchased the firm. On their first day on the job, they showed up with Joe’s other son, Beau, and two large men and ordered the hedge fund’s chief of compliance to fire its president, according to a Paradigm executive who was present.
After the firing, the two large men escorted the fund’s president out of the firm’s midtown Manhattan office, and James Biden laid out his vision for the fund’s future. “Don’t worry about investors,” he said, according to the executive, who spoke on the condition of anonymity, citing fear of retaliation. “We've got people all around the world who want to invest in Joe Biden.”
At the time, the senator was just months away from both assuming the chairmanship of the Senate Foreign Relations Committee and launching his second presidential bid. According to the executive, James Biden made it clear he viewed the fund as a way to take money from rich foreigners who could not legally give money to his older brother or his campaign account. “We've got investors lined up in a line of 747s filled with cash ready to invest in this company,” the executive remembers James Biden saying
Lots more at the link.
Politico LinkAugust 02, 2019, 11:37 PM
arfmelThat sounds like something the Clintons would do. Effing grifters.
August 03, 2019, 08:53 AM
WhispI got stuck listening to him at a banking software conference about 2 years ago, and I’ve never heard such a pompous, elitist, piece of shit more in love with themselves. I also literally mean stuck, security did not allow anyone to enter/exit while he was on stage. The hypocritical douche bag talked for more than an hour over schedule about how great he was. Was constantly contradicting himself, like talking about how he was the “poorest” man in government, and then immediately telling a story that involved him on some glamorous vacation at a resort charging 10k a night. I’ve heard speakers from both sides of the political spectrum, but I’ve never heard anyone that came off as slimy as him. He became the butt of every joke for the remaining of the conference, pretty much everyone hated hearing him speak.
August 03, 2019, 05:17 PM
220-9erPolitics as usual.
Same basic plan as the Clinton Foundation.
Have an influential politician in the family, other members get their palms greased.
August 03, 2019, 05:21 PM
kramdenBiden definitely has the "I walk on water" attitude.