The Intercept just broke a huge story about Hillary Clinton, and this one is going to hurt her campaign for sure. Although Clinton has been reluctant to release transcripts of her speeches to big banks and investment firms, it turns out that Goldman Sachs CEO Lloyd Blankfein has been investing heavily in Clinton’s son-in-law Marc Mezvinsky.
Mezvinsky, who is married to Chelsea Clinton, started his own hedge fund back in 2011. The fund is called Eaglevale Partners and Blankfein has not only invested in it personally, but he has also allowed his name to be used to market the company.
And to make matters worse, Eaglevale isn’t doing so well. Mezvinsky has had to close down one branch, called Eaglevale Hellenic Opportunities, because he was banking on the Greek economy making a recovery. And according to The New York Times, the parent company has also continued to lose money.
But as The Intercept reports, this is simply the latest in a long list of ties between the Clintons and Goldman Sachs:
‘The decision for Blankfein to invest in Hillary Clinton’s son-in-law’s company is just one of many ways Goldman Sachs has used its wealth to forge a tight bond with the Clinton family. The company paid Hillary Clinton $675,000 in personal speaking fees, paid Bill Clinton $1,550,000 in personal speaking fees, and donated between $250,000 and $500,000 to the Clinton Foundation. At a time when Goldman Sachs directly lobbied Hillary Clinton’s State Department, the company routinely partnered with the Clinton Foundation for events, even convening a donor meeting for the foundation at the Goldman Sachs headquarters in Manhattan.’
Clinton’s favorability rating is already incredibly low, and although she remains ahead of Bernie Sanders in the delegate count, her lead over Donald Trump in general election polls has slipped significantly. As voters continue to express concern over Clinton’s connection to big banks and investment firms, the Goldman Sachs CEO having invested and lost money in her son-in-law’s hedge fund certainly doesn’t look good.
As it was The Intercept that first asked Clinton about releasing the transcripts of her speeches back in January, it should come as no surprise that they are now questioning the Democratic frontrunner on this latest revelation about her ties to Goldman Sachs. Watch below as Clinton repeatedly ignores reporter Lee Fang as he questions her about the Goldman Sachs CEO investing in her son-in-law’s hedge fund.
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