Chelsea’s Husband Used Clinton Foundation To Build His Hedge Fund

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Newly released WikiLeaks emails show that Chelsea Clinton’s husband, Marc Mezvinsky, used the Clinton family as well as the Clinton Foundation to raise money for his hedge fund.

According to the emails, Mezvinsky used the Clinton Foundation events to persuade Clinton supporters to invest in his hedge fund. He also used Chelsea to make calls to Clinton family supporters to see if they would invest in his fund.

The emails were sent to John Podesta and Cheryl Mills from Bill Clinton’s aide Doug Band in 2011 and 2012, all while Mezvinsky was attempting to gain investors.

These emails further expose the corruption within the Clinton family, and prove how they use what is supposed to be a charitable foundation to make their family even wealthier.

From Politico:

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.”

In the same email, Band — referring to Chelsea Clinton by her initials — wrote that Mezvinsky “has CVC making some calls for him to get mtgs with some clinton people.”

And, in a Nov. 2011 memo released Sunday, Band wrote that major Clinton Foundation donor Marc Lasry was “assisting Marc Mezvinsky – Chelsea Clinton Mezvinsky’s husband – in raising money for his new fund.”

Band, in his Jan. 2012 email, suggested that Mezvinsky needed to lean on his wealthy and well-connected in-laws because he wasn’t having much luck generating investor interest in his hedge fund on his own.

“His raising money for his own fund hasn’t been going well,” wrote Band, who at the time was engaged in something of a turf war with Chelsea Clinton. She had accused Band, who had worked closely for years with Bill Clinton at the foundation and on for-profit ventures, of using his foundation role to supplement his money-making ventures.

Mezvinsky had lodged similar complaints, Band suggested in his Jan. 2012 email, though Band contended in the email that Clinton’s son-in-law “is doing precisely what he accused me of doing.”







 

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