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Chelsea Clinton's Husband Suffers Massive Hedge Fund Loss On Greek Investment

Tyler Durden's picture




 

Despite having Goldman Sachs CEO Lloyd Blankfein as an investor and being Bill and Hillary Clinton's son-in-law, Marc Mezvinsky (and two former colleagues from Goldman Sachs who manage Eaglevale Partners hedge fund) told investors in a letter sent last week they had been "incorrect" on Greece, helping produce losses for the firm’s main fund during two of the past three years. By 'incorrect' Chelsea Clinton's husband means the Eaglevale fund focused on Greece lost a stunning 48% last year and, as The Wall Street Journal reports, is impacting the overall returns of the roughly $400 million fund which has spent 27 of its 34 months in operation below its "high-water mark."

 

 

In 2013, Institutional Investor proclaimed Mezvinsky "a hedge fund rising star"...

In late 2011, Marc Mezvinsky co-founded New York-based, macro-focused hedge fund firm Eaglevale Partners with Bennett Grau and Mark Mallon, two Goldman Sachs Group proprietary traders whom he'd gotten to know when they all worked at the bank. Best known as the husband of Chelsea Clinton, Mezvinsky, 35, who has a BA in religious studies and philosophy from Stanford University and an MA in politics, philosophy and economics from the University of Oxford, has been quietly building his finance career. Before launching his own firm, the longtime Clinton family friend was a partner and global macro portfolio manager at New York- and Rio de Janeiro-based investment house 3G Capital. Eaglevale manages more than $400 million.

But, as The Wall Street Journal reports, things are not working out so well...

The hedge fund co-founded by Bill and Hillary Clinton ’s son-in-law suffered losses tied to an ill-timed bet on Greece’s economic recovery, according to documents reviewed by The Wall Street Journal.

 

Eaglevale Partners LP, founded by Marc Mezvinsky and two former colleagues from Goldman Sachs Group Inc., told investors in a letter sent last week they had been “incorrect” on Greece, helping produce losses for the firm’s main fund during two of the past three years, according to the letter.

 

The main fund dropped 3.6% last year, far trailing the 5.7% rise for similar hedge funds tracked by HFR Inc. That followed an Eaglevale gain of 2.06% in 2013 and a loss of 1.96% in 2012, the documents show.

 

...

 

A smaller Eaglevale fund focused only on Greece plunged 48% last year, said the person familiar with the situation, hurt by the belief Greece’s economy will see a quick rebound.

 

“Our recent predictions regarding Greek politics have proved incorrect,” Mr. Mezvinsky and the other Eaglevale founders wrote to investors last week, after a radical leftist party won national elections in an upset of Europe’s political order.

 

...

 

Eaglevale is a relatively small player in the hedge-fund world... But its moves have been closely followed, investors said, partly because of Mr. Mezvinsky’s family connection. Ahead of the firm’s launch, Goldman Sachs hosted group sessions for prospective investors that drew standing-room-only crowds. The investment bank is one of the firm’s prime brokers, which help hedge funds execute trades and introduce them to potential backers.

 

Goldman Chief Executive Lloyd Blankfein is an investor in Eaglevale’s main fund, people familiar with the matter said.

 

Since its founding, Eaglevale has spent 27 of its 34 months in operation below its “high-water mark,” a term that describes whether a Day One investor is in the black.

*  *  *

And in conclusion, why the fund will likely see massive redemptions now... the ten words no one wants to hear from their hedge fund manager - no matter who his in-laws are:

“We are reticent to render decisive predictions at this time.”

*  *  *

 

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Tue, 02/03/2015 - 20:04 | 5741044 NYPoke
NYPoke's picture

Looks like she will get her chance to care about money now.

Tue, 02/03/2015 - 20:19 | 5741079 Dadburnitpa
Dadburnitpa's picture

No way that could have happened.  He's one of the "best and brightest".  His education credentials say:  "Hey look at me... I never even took a math course!"

Tue, 02/03/2015 - 20:18 | 5741107 NotApplicable
NotApplicable's picture

Cattle futures, duh.

Tue, 02/03/2015 - 20:22 | 5741120 TruxtonSpangler
TruxtonSpangler's picture

What does Chelsea's father Web Hubbel think of this?

Tue, 02/03/2015 - 20:31 | 5741150 onewayticket2
onewayticket2's picture

Mezvinsky's father had an equally keen ability to make funds disappear.

Tue, 02/03/2015 - 20:38 | 5741168 SickDollar
SickDollar's picture

Well Wel Well , I guess the gods of Greece are well alive after all

long live the Justice of Zeus 

Tue, 02/03/2015 - 20:46 | 5741214 TeamDepends
TeamDepends's picture

That is one terrifying photograph.

Tue, 02/03/2015 - 20:49 | 5741224 nmewn
nmewn's picture

Can you imagine what the kid will look like? ;-)

Tue, 02/03/2015 - 20:51 | 5741234 Newsboy
Newsboy's picture

Hedge fund losses on Greece are what the "solution" to this parasitic draw on citizens and economy will be made of (partly, anyway).

Tue, 02/03/2015 - 20:55 | 5741258 nmewn
nmewn's picture

Knowing the Clinton's, they'll sell the baby trying to make up for the losses.

Tue, 02/03/2015 - 21:38 | 5741397 SuperRay
SuperRay's picture

She looks like she's trying really hard not to cry.  You know, childbirth causes regression when all the suppresed emotions that got stirred up when she discovered her father is a total perv and her mother is a lesbian wannabe resurface and get expressed. That of course assumes she has some semblance of a soul left after being raised by those two power-mad lying piece of shit assholes.

Tue, 02/03/2015 - 22:36 | 5741628 J S Bach
J S Bach's picture

The sweet American family from hell.

Is the kid's name "Damien" by chance?

Wed, 02/04/2015 - 05:34 | 5742357 giovanni_f
giovanni_f's picture

Ad "sweet American family".

This group photo is an impressive document of what America stands - ever stood - for: Honest people enjoying the fruits of their hard work. And thinking that that witch-faced scarecrow in the second row was deadbroke not a so long time ago.

P.S. How many liters of botox had to be injected into to faces of B&H for this shot? Or just photoshop?

Wed, 02/04/2015 - 09:21 | 5742589 General Decline
General Decline's picture

They have done a rather nice job of hiding it's tail in the swaddling blanket. 

Wed, 02/04/2015 - 10:10 | 5742720 Manthong
Manthong's picture

Where did they misplace the chromasone?

Oh, wait a minute.. I think see algore's chakra on the left in that family photo.

Wed, 02/04/2015 - 10:26 | 5742786 Never One Roach
Never One Roach's picture

Losing OPM is really not too painful. I suspect he'll still take his generous fees and commissions and simply tell his poorer investors, "Sorry, it was a bad judgement call. Lets move on and look forward now."

Wed, 02/04/2015 - 11:26 | 5742975 Four chan
Four chan's picture

power mad carpet bagging sons of bitches.

Wed, 02/04/2015 - 13:23 | 5743514 Manthong
Manthong's picture

OMG..

The Peter Principle Poster Family.

Wed, 02/04/2015 - 11:30 | 5742986 PrayingMantis
PrayingMantis's picture

 

 

... >>> @JSBach: "The sweet American family from hell." ... this must be the definitive link ... >>> http://1984arkansasmotheroftheyear.blogspot.ca/2012/02/chelsea-clinton-is-biological-daughter.html ...

Tue, 02/03/2015 - 23:05 | 5741747 neidermeyer
neidermeyer's picture

The only reason Hillary didn't abort Chelsea like her prior pregnancies was that Bill thought he needed a traditional family photo op for an Arkansas gubenatorial run... The whole family is like a cross between the Kardashians and "Absolutely Fabulous" ,,, Hillary and Webster ,, Vince dead in the park , cattle futures (!) , crooked land deals...

Wed, 02/04/2015 - 00:46 | 5742031 StychoKiller
StychoKiller's picture

Meh, at least "Absolutely Fabulous!" was hilarious! :>D

Wed, 02/04/2015 - 05:06 | 5742333 ebworthen
ebworthen's picture

The kid made money losing other people's money and says "sorry".

He'll fit right in with the Clinton Clan and "Uncle Jon" Corzine.

Wed, 02/04/2015 - 08:58 | 5742564 Element
Element's picture

I'm sure he was mortified ... Greek debt! ... whocouldaknowed?

Wed, 02/04/2015 - 11:26 | 5742979 Four chan
Four chan's picture

fucking disgusting "family". 

Wed, 02/04/2015 - 05:52 | 5742371 SoDamnMad
SoDamnMad's picture

neidermeyer

Damn you. You forgot Bengazi !!!!!

Tue, 02/03/2015 - 23:15 | 5741775 angel_of_joy
angel_of_joy's picture

So, Chelsea married a moron. Shouldn't be such a surprise in her family... Besides, what sort of name is Chelsea anyway ? I know of no other woman bearing such a name; however, there is a city in England (and its corresponding soccer team in the Premiere League) going by the same appellative...

Wed, 02/04/2015 - 00:07 | 5741956 Osmium
Osmium's picture

Chelsea Handler, who by her own admission likes porking.

Chelsea Peretti.

Wed, 02/04/2015 - 00:53 | 5742042 StychoKiller
Wed, 02/04/2015 - 02:28 | 5742165 JLee2027
JLee2027's picture

High maintenance feminist slut. Uses men. Interesting for about 5 minutes until you realize it's deranged. 

Wed, 02/04/2015 - 03:52 | 5742259 MayIMommaDogFac...
MayIMommaDogFace2theBananaPatch's picture

Mmm,Chelsea Handler!

She looks like Mr. Ed in that photo!

Wed, 02/04/2015 - 07:36 | 5742469 Anasteus
Anasteus's picture

Hurt by the belief Greece's economy will see a quick rebound?

Indeed the most effective strategy how to lose everything. Chelsea's husband fetched up at the end of the greater fool line becoming the greatest fool on the block.

He should rather have started with a demo version.

Wed, 02/04/2015 - 14:09 | 5743711 Grumbleduke
Grumbleduke's picture

They must have taken his last shirt, and he had to rush to buy a new sweater for the photo-op. Clearly they hadn't the time to remove the price tag from the right arm.

What a bunch of exceptionalists!

Tue, 02/03/2015 - 23:21 | 5741798 theliberalliberal
theliberalliberal's picture

here you go teamdepends

 

https://i.4cdn.org/b/1423020040435.png

 

wish i could post direct....

Wed, 02/04/2015 - 10:10 | 5742745 Antifaschistische
Antifaschistische's picture

god of Greece?

Well...I'll bet Marc and his goon partners will still take home tens of millions this year.  The "and it's gone" script only applies to investors.

Wed, 02/04/2015 - 11:42 | 5743036 czarangelus
czarangelus's picture

Actually this looks more like the work of Nemesis, a goddess who doesn't get enough play in our society (but soon shall)

Wed, 02/04/2015 - 00:28 | 5741973 bilbert
bilbert's picture

Oy Vey!!

According to Wiki:  Beginning in the early 1990s Mezvinsky fell prey to a wide variety of 419 scams. According to a federal prosecutor, Mezvinsky was conned by "just about every different kind of African-based scam we’ve ever seen."

 

That's like Bush being amazed by a common Bar-code scanner at a grocery store - Mez thought that because HE was close to wealth and power, the 19 yr old Nigerians - I mean the deposed Nigerian Royalty - thought they might trust him with their millions.

Having not a pot to piss in at that time - was the only reason I didn't fall prey to their wiley ways........

 

 

Wed, 02/04/2015 - 05:13 | 5742345 Ghordius
Ghordius's picture

I love/hate that South Park episode, intensely. It somehow tells an important part of story while obfuscating it at the same time

"A really smart decision, young man! We can put that check in a money market mutual fund and then reinvest the earnings in a foreign currency account compounding interest and… it’s gone "

when the FED went down with rates, the ECB lagged in it's response. The difference was small, but enough for gargantuan streams of US savings to be repackaged into certificates of deposits (CDs) which then fed money market accounts and went into all kind of insane, overleveraged exposures to foreign currency (FX) schemes involving all kinds of hare-brained ideas about european sovereigns

"Hot Money", speculation squared, bets on bets on bets. Even now, lots of people are still nursing some pet hates in the FX arena because they still have some pet bets going on

casino financialism in it's purest form

Wed, 02/04/2015 - 12:30 | 5742704 Felix da Kat
Felix da Kat's picture

Let there now be no doubt as to whose interests a president Hillary will abide. Wall Street now owns the entire family, though the lying rhetoric says otherwise.

Wed, 02/04/2015 - 00:44 | 5742027 StychoKiller
StychoKiller's picture

Looks like someone at Eaglevale should be reading Zerohedge! :>D

Wed, 02/04/2015 - 08:16 | 5742513 rbg81
rbg81's picture

Why?  Bill will just make a few phone calls and everything will be hunky-dory again.  

Can't wait for Chelsea to run for Congress or the Senate.  And she will win--cause it's NEW YORK.

Tue, 02/03/2015 - 20:35 | 5741170 max2205
max2205's picture

is he nail gun exempt? 

Tue, 02/03/2015 - 20:55 | 5741255 SickDollar
SickDollar's picture

yes cuz he is part of the lucky sperm club

 

Wed, 02/04/2015 - 09:13 | 5742579 Budd aka Sidewinder
Budd aka Sidewinder's picture

Nothing lucky about what that sperm had to swim through

Tue, 02/03/2015 - 21:30 | 5741375 booboo
booboo's picture

Dead men tell no tales.

Tue, 02/03/2015 - 23:12 | 5741739 gimme-gimme-gimme
gimme-gimme-gimme's picture

It's no problem. Now he can go from raping his hedge fund clients and whip out his religion degree and start raping little boys in a new Church gig instead. Maybe skim off the collection plate in the process.

After a few years when people get smart to his shenanigans he can just go back into the financial sector..

Wed, 02/04/2015 - 14:12 | 5743728 Grumbleduke
Grumbleduke's picture

Church?

Tue, 02/03/2015 - 20:21 | 5741109 walküre
walküre's picture

Didn't know the Clintons had interracial relations?

Tue, 02/03/2015 - 20:30 | 5741142 MsCreant
MsCreant's picture

Clinton is supposed to be the first black president so...

Wed, 02/04/2015 - 04:24 | 5742288 BolshevikPartyP...
BolshevikPartyPlanningCommitee's picture

Eisenhower's mother was black and his father was jewish.  A typical mixed mongrel...

Wed, 02/04/2015 - 06:28 | 5742398 Lumberjack
Lumberjack's picture

The current one is Irish.

Tue, 02/03/2015 - 20:30 | 5741143 MsCreant
MsCreant's picture

Hiccup!

Wed, 02/04/2015 - 03:07 | 5742209 Mr. Hyde
Mr. Hyde's picture

Que?

Tue, 02/03/2015 - 20:21 | 5741115 Freddie
Freddie's picture

Who would bet on anything in Greece getting better? 

Tue, 02/03/2015 - 20:36 | 5741171 NotApplicable
NotApplicable's picture

I think you mean "fixed," not better.

Someone thought Greece had dun been told, but go figger. Then along comes reality (or not?) and fucks it all up (same as with Corzine).

Tue, 02/03/2015 - 20:42 | 5741205 salvadordaly
salvadordaly's picture

It really goes to show you how TPTB think they have everything under control, untill they don't! They were banking on a certain outcome and the party was spoiled. Not exactly what they expected. Think Ukraine next.

Tue, 02/03/2015 - 22:05 | 5741509 Augustus
Augustus's picture

Must have used the same insider pipeline that Biden's son used to burn investors.  Pipeline to that Obama administration White House costs a lot of people a lot of money.

Wed, 02/04/2015 - 07:36 | 5742468 Cheduba
Cheduba's picture

"Mezvinsky, 35, who has a BA in religious studies and philosophy from Stanford University and an MA in politics, philosophy and economics from the University of Oxford, has been quietly building his finance career."

Sounds like the perfect credentials for someone who spent his privileged life becoming massively enriched by being bailed out by the Federal Reserve.

Tue, 02/03/2015 - 22:07 | 5741514 Zodiac
Zodiac's picture

Looks like baby Clinton might need to take advantage of Obama's plan to give everyone a free two-year college education.  Makes for better educated order fillers, waiters and burger flippers.

Tue, 02/03/2015 - 20:13 | 5741082 ZH Snob
ZH Snob's picture

let the schadenfreude begin.  I'll start.

boo-hoo.

Tue, 02/03/2015 - 20:26 | 5741125 Creepy A. Cracker
Creepy A. Cracker's picture

This is the first time that I've seen Billybob next to Hillary(!) in years.  How'd they get him away from the nurses for that photo?

Tue, 02/03/2015 - 20:40 | 5741191 NotApplicable
NotApplicable's picture

That baby has earned hiim some new Tribe credentials.

He done leveled up, yet again.

Tue, 02/03/2015 - 20:12 | 5741083 NoDebt
NoDebt's picture

So let me get this straight.  The Clinton chick who didn't care about money is married to a guy who just lost a big steaming pile of it.  And Chelesea is now going to call up her Mom for help.  The woman who came out of the white house "broke".

I can just imagine that conversation.  

 

Tue, 02/03/2015 - 20:21 | 5741118 eatthebanksters
eatthebanksters's picture

Broke yet with a chauffer to drive her...hmmmm...

Tue, 02/03/2015 - 21:43 | 5741418 SuperRay
SuperRay's picture

That asshole makes money (at least this year) no matter what his fund does

Tue, 02/03/2015 - 20:52 | 5741238 nmewn
nmewn's picture

Misogynist! Razzzist!

Big fat poopoo-head!!! ;-)

Tue, 02/03/2015 - 20:52 | 5741245 Normalcy Bias
Normalcy Bias's picture

This means moar $275,000 speeches for Hillary.

There's an endless supply of people who wish to bask in her beauty, whilst gleaning wisdom that is simply earth-shatteringly brilliant and unavailable elsewhere!

Tue, 02/03/2015 - 22:09 | 5741521 Zodiac
Zodiac's picture

The only thing broke about Hillary are her ideas.

Tue, 02/03/2015 - 20:13 | 5741084 jaap
jaap's picture

Karma is a...

Tue, 02/03/2015 - 21:02 | 5741281 e_goldstein
e_goldstein's picture

Hillary?

Tue, 02/03/2015 - 20:14 | 5741089 Harbanger
Harbanger's picture

I guess those investments don't pan out so well without insider trading info.

Tue, 02/03/2015 - 20:42 | 5741202 Bob
Bob's picture

Clearly an irreconcilable breakdown in communication.

Tue, 02/03/2015 - 20:17 | 5741099 ZH Snob
ZH Snob's picture

now she'll find out what her poor sweet mom went through when she left the white house "dead broke", which is of course to say, still plenty loaded.

Tue, 02/03/2015 - 21:05 | 5741287 e_goldstein
e_goldstein's picture

All the furniture and "momentos" they stole from the White House must have been worth something.

Tue, 02/03/2015 - 20:19 | 5741108 ZH Snob
ZH Snob's picture

hillary's really got some beaver teeth going on in that picture.

Tue, 02/03/2015 - 21:05 | 5741247 MsCreant
MsCreant's picture

Okay you snob you, was that a lesbian crack?

Tue, 02/03/2015 - 20:58 | 5741267 RiderOnTheStorm
RiderOnTheStorm's picture

If only she would hold her breath until her face turns blue, Hillary would be a spitting image of Barney the Dinosaur!!

Wed, 02/04/2015 - 01:16 | 5742070 williambanzai7
williambanzai7's picture

Wed, 02/04/2015 - 09:17 | 5742584 Budd aka Sidewinder
Budd aka Sidewinder's picture

OMG..the baby!!! the fucking baby!!!

Genius

Tue, 02/03/2015 - 20:03 | 5741045 MsCreant
MsCreant's picture

That girl is very ugly in that pic. Think she can get her NBC job at $600,000 a year back? They will need it!

Tue, 02/03/2015 - 20:07 | 5741058 silentsock
silentsock's picture

That bitch could walk into a haunted house and come out with a paycheck!

Tue, 02/03/2015 - 20:17 | 5741103 Harbanger
Harbanger's picture

Haha! They'd have to lock the exit doors to keep the ghosts, goblins and ghouls inside.

Tue, 02/03/2015 - 20:29 | 5741136 Omen IV
Omen IV's picture

Epstein wouldnt let her "on" the Island!

Tue, 02/03/2015 - 20:41 | 5741199 lakecity55
lakecity55's picture

Honey, I need you to suck off this rich old jew guy.
Like I do you, dad?
Exactly.

Tue, 02/03/2015 - 20:07 | 5741060 g speed
g speed's picture

The whole bunch are butt ugly

Tue, 02/03/2015 - 20:09 | 5741069 kaiserhoff
kaiserhoff's picture

Don't know.

Is there a market for used shiksas?

Tue, 02/03/2015 - 20:10 | 5741071 NoDebt
NoDebt's picture

"Monkey face", just like the Olsen twins, but worse.

Tue, 02/03/2015 - 20:13 | 5741087 A Lunatic
A Lunatic's picture

At least the Olsen twins are not psychopaths......

Tue, 02/03/2015 - 20:40 | 5741187 lakecity55
lakecity55's picture

Damn, Chelsea, your cunt is like a tunnel.
Well, mom was here first. There are some keys in there somewhere!

Tue, 02/03/2015 - 20:54 | 5741242 Harbanger
Harbanger's picture

She was conceived by unexceptional contraception.

Tue, 02/03/2015 - 20:52 | 5741225 Bob
Bob's picture

In all fairness, it looks like it was taken shortly after delivery of her baby. 

Pregnancy begets serious weight gain in most women and labor plus neonatal care can sure as hell pump up those bags under the eyes. 

Still got mine 20 years later!  And I only observed the labor.

But, no, she sure as fuck didn't earn that sinecure with NBC. 

Tue, 02/03/2015 - 21:15 | 5741315 MsCreant
MsCreant's picture

All's fair in oligarch war, baby! The child is innocent, but no one else in the photo is.

Tue, 02/03/2015 - 21:10 | 5741303 Normalcy Bias
Normalcy Bias's picture
"Last time I saw a mouth like that, it had a hook in it." - Al Czervik, Caddyshack

Tue, 02/03/2015 - 21:38 | 5741401 Ward cleaver
Ward cleaver's picture

Seen better looking heads coming
out of zippers. Chelsea can go back to
her old job interviewing the Geico Gecko
for $125,000/hour.

Tue, 02/03/2015 - 22:15 | 5741552 TheGreatRecovery
TheGreatRecovery's picture

She's not the least bit ugly.  She's sleep-deprived.  Look at the lines under her eyes.  She has a baby waking her up all night because it's hungry or needs to be burped or needs its diapers changed.

Wed, 02/04/2015 - 03:18 | 5742222 SheHunter
SheHunter's picture

came out of hibernation on this site greatrecov to agree with you.  let's see a pic of almost all the talking heads here  if they had given birth the night before, cared for a newborn all night and faced cameras the morning after.  Funny.  ZH:  ever more mindless.  Miles from where it was 2 years past.  whatever. 

Wed, 02/04/2015 - 18:31 | 5744904 TheGreatRecovery
TheGreatRecovery's picture

(^:    Thank you, SH.  Let him who has changed diapers at 3AM - every night this week - throw the first stone.  :0)

Wed, 02/04/2015 - 05:52 | 5742372 bunnyswanson
bunnyswanson's picture

Rapid hormone shift can lead to tears, rivers of tears during first few hours, I recall a friend having done this, and her eyes were swollen due to this possibly as well.

https://www.youtube.com/watch?v=_BPhYEFGaGM

Larry McDonald on NWO

https://www.youtube.com/watch?v=8fQ6cEZXgjI

Dr Meno with video stating H Clinton and Caroline Kennedy sent to Japan kamikazi style assasinations (interesting obervations)

Wed, 02/04/2015 - 09:00 | 5742570 Element
Element's picture

Thinking the same thing MsC, I was imagining waking up with that laying on my arm. Not good.

Wed, 02/04/2015 - 09:40 | 5742639 RaceToTheBottom
RaceToTheBottom's picture

Lucky she does not care about money.....

Tue, 02/03/2015 - 20:05 | 5741046 kaiserhoff
kaiserhoff's picture

I'll bet Chelsea just got interested in MONEY!

Tue, 02/03/2015 - 20:07 | 5741049 NoDebt
NoDebt's picture

Even Lenny Dykstra did better than that.  

(For the young'uns Lenny was a good pro baseball player, but none to sharp (think:  bag of hammers).  He went into the investment business after baseball and lost a ton of his clients money.  That was shortly after Jim Cramer pronounced him "smart" and "innovative" with "a lot of good investing ideas".  And no, I didn't make any of that up.)

Wed, 02/04/2015 - 01:02 | 5742052 long-shorty
long-shorty's picture

I filed the original complaint to the SEC about Lenny's fraud when he was still with TheStreet.com. I bet you know what thorough and harsh penalties resulted from that. LOL.

 

Tue, 02/03/2015 - 20:05 | 5741050 Secret Weapon
Secret Weapon's picture

Now he understands the meaning of "I feel your pain".  Little bitch.

Tue, 02/03/2015 - 20:05 | 5741051 silentsock
silentsock's picture

lol!

Tue, 02/03/2015 - 20:06 | 5741052 g speed
g speed's picture

couldn't happen to a nicer group of people

Tue, 02/03/2015 - 20:06 | 5741053 The_Prisoner
The_Prisoner's picture

Madoffed, bitches.

Tue, 02/03/2015 - 20:30 | 5741140 NotApplicable
NotApplicable's picture

"Mezvinskied"

Synonym for "Corzined."

A true Greek Tragedy.

Tue, 02/03/2015 - 21:08 | 5741302 Restcase
Restcase's picture

He Corzined his company. Bailouts or lawsuits to follow.

Tue, 02/03/2015 - 20:08 | 5741057 Richard Chesler
Richard Chesler's picture

48% x $400 million = nothing that can't be stolen again from taxpayers.

 

Tue, 02/03/2015 - 20:31 | 5741156 NotApplicable
NotApplicable's picture

Thing is, when these types of people start losing money... well, things tend to get ugly quickly.

Full-retard in Ukraine in 3... 2... 1...

Tue, 02/03/2015 - 22:42 | 5741668 thebigunit
thebigunit's picture

Well, call me judgmental, but it looks to me like ugly has already happened.

Tue, 02/03/2015 - 23:44 | 5741883 MisterMousePotato
MisterMousePotato's picture

Bon mot, Sir. Bon mot.

Tue, 02/03/2015 - 20:09 | 5741061 GCT
GCT's picture

Chelsea still does not have to worry about money.  She is a single child after all and the crooked Clintons will take care of her.  Hell Hillary made a million in a week here in Arkansas with illegal insider trading!

Tue, 02/03/2015 - 20:09 | 5741062 Shizzmoney
Shizzmoney's picture

RE

“Our recent predictions regarding Greek politics have proved incorrect,”

The fact that A) only these assholes can legally bet on such a thing and B) the fact they didn't see this coming and bet it anyways (when I could of told them that this would of happened 4 fucking years ago after skimming posts on Greece here on ZH) goes to show just how dangerous they are

Tue, 02/03/2015 - 20:15 | 5741090 MsCreant
MsCreant's picture

I am pondering this too. Dangerous? Because they are stupid? It looks that way but I don't buy it.

If not stupid, then what? 

~~~~~~~Conspiracy mind, Conspiracy mind~~~~~~~

What if he leads other sheep to slaughter, looks like a famous slaughtered muppet himself (poor Ponzi dumbass victim) and gets paid on the side for his pied piper routine. 

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

Or....?

Tue, 02/03/2015 - 20:33 | 5741162 i_call_you_my_base
i_call_you_my_base's picture

It's a CIA front funding dirty work?

Tue, 02/03/2015 - 20:09 | 5741063 hotrod
hotrod's picture

Maybe Hillary can help out she knows something about cattle futures.

yes Chelsea should have asked for a pic retake.

Tue, 02/03/2015 - 20:08 | 5741067 MsCreant
MsCreant's picture

Will they make a Marc Mezvinsky muppet puppet that we can bend over the sofa and fist?

Tue, 02/03/2015 - 20:43 | 5741209 Jendrzejczyk
Jendrzejczyk's picture

I can't stop laughing

Tue, 02/03/2015 - 20:53 | 5741241 Jendrzejczyk
Tue, 02/03/2015 - 20:56 | 5741252 Jendrzejczyk
Jendrzejczyk's picture

No, on second thought, don't do it.

 

Tue, 02/03/2015 - 20:09 | 5741068 MsCreant
MsCreant's picture

Why would you think Greece is going to improve without write downs and defaults? I don't get it?

Tue, 02/03/2015 - 20:54 | 5741253 Raging Debate
Raging Debate's picture

Mscreant - My thoughts exactly. Plus 25% unemployment. Even if all the political stars lined up that is going to take a solid decade to clean up.

Tue, 02/03/2015 - 22:00 | 5741487 Automatic Choke
Automatic Choke's picture

ditto here too.... once y'all stop chortling over the ugly mugs in the picture (gotta admit, she does look sorta like a blocked punt...),  this is the serious question.  i can't imagine anybody betting half the house on a greek recovery.  either this is money laundering (with a sacrificial son-in-law-career) or somebody acted on some bogus inside information.....or somebody is REALLY stupid.   can anybody make a serious case for why anybody would bet on such long odds?

Tue, 02/03/2015 - 20:16 | 5741073 hotrod
hotrod's picture

If this is the next  FIRST FAMILY then I guess I will move to Russia

Tue, 02/03/2015 - 20:36 | 5741177 lakecity55
lakecity55's picture

Mr Soros! Mom says you need half an hour for that viagra.
Ok, bitch.

Tue, 02/03/2015 - 20:12 | 5741074 reader2010
reader2010's picture

That basically confirms that today's ruling Elites are nothing but a group of financial plantation slave-owners. NWO is nothing but the enslavement of the world's working people. There's nothing new under the sun and it's the same man exploiting man. Progress!

Tue, 02/03/2015 - 20:33 | 5741161 lakecity55
lakecity55's picture

"Bill, we demand your daughter be one of our Sluts. Her husband can do what ever he wants."
"Sure. OK!"

Tue, 02/03/2015 - 20:13 | 5741080 buzzsaw99
buzzsaw99's picture

that has got to be one fugly baby

Tue, 02/03/2015 - 21:09 | 5741301 e_goldstein
e_goldstein's picture

After they cut off the horns and tail and seperated the cloven hooves into fingers and toes, it looks almost human.

Tue, 02/03/2015 - 20:14 | 5741085 kchrisc
kchrisc's picture

He might want to avoid nail-guns, highrises, and driving.

He should also definitely avoid piloting a small plane as well. Even if only over to Martha's Vineyard.

The banksters need to repay us.

Tue, 02/03/2015 - 20:13 | 5741086 Sanity Bear
Sanity Bear's picture

Webb Hubbell's daughter done him proud, reproducing with a face like that is no small feat.

Tue, 02/03/2015 - 20:18 | 5741105 MsCreant
MsCreant's picture

Are you calling her a "fuck face," sir? Or are you implying she delivered the baby from her mouth instead of...

(Okay, that was mean to do to a girl who has just found out she is going to need to ask mommy and daddy for money because she married a fuck up and she sure does not know how to earn on her own).

Tue, 02/03/2015 - 20:15 | 5741091 Tinky
Tinky's picture

"Mezvinsky, 35, who has a BA in religious studies and philosophy from Stanford University and an MA in politics, philosophy and economics from the University of Oxford"

[Michael Palin voice]: Say no more.

Tue, 02/03/2015 - 20:22 | 5741096 lakecity55
lakecity55's picture

Chelsea could go for 20$ a pop.

Get busy, dude.

I'd give her 5$ for a handjob.

Tue, 02/03/2015 - 20:22 | 5741122 MsCreant
MsCreant's picture

Are you saying you would pay $20 to do her? Are you sure? There are other things you could do with $20 that make more sense.

Tue, 02/03/2015 - 20:31 | 5741146 lakecity55
lakecity55's picture

I would pay her 5$ for a HJ.
If she licked it and swallowed.

Tue, 02/03/2015 - 20:39 | 5741174 MsCreant
MsCreant's picture

You know the Clintons stole the china from the White House, right?

Why do you think she wouldn't steal your...

Tue, 02/03/2015 - 20:54 | 5741246 lakecity55
lakecity55's picture

It's lean and mean, nothing to remove.

Tue, 02/03/2015 - 20:37 | 5741188 kaiserhoff
kaiserhoff's picture

Doing anything with that would require some very thick beer goggles.

Tue, 02/03/2015 - 20:18 | 5741100 Tarshatha
Tarshatha's picture

He managed, and his investors lost.

Big difference

Tue, 02/03/2015 - 20:19 | 5741104 Brokenarrow
Brokenarrow's picture

No worries! Bailouts for everyone! And, if all else fails, Hillary will get him some new funds from Janet. Maybe "Hill" will get him appointed Atty Gen to replace the new Ms. Holder. He can be the bag man for "Hill" Just like his daddy. He is a shoe-in for the job. His old man can get a consulting job showing him how its done.

Tue, 02/03/2015 - 20:19 | 5741106 Omen IV
Omen IV's picture

FoL - Friends of Lloyd   --- were fucked in the drive thru - "standing room only" really?-

 

why do so many things every day sound like movie scripts anymore? 

 

its a great time for reality based entertainment!

Tue, 02/03/2015 - 20:41 | 5741113 Creepy A. Cracker
Creepy A. Cracker's picture

BWOOOOOPPPP!!!!!  BWOOOOOPPPP!!!!!  BWOOOOOPPPP!!!!!  BWOOOOOPPPP!!!!!  BWOOOOOPPPP!!!!!  BWOOOOOPPPP!!!!!  BWOOOOOPPPP!!!!!

Illegal article... 

Only allowed, and encouraged, to write about the children of conservatives if it will put them in a not-so-great light.  Holder to prosecute.  IRS audits being generated now.  Sharpton load'n a bus full o protestors to head somewhere, they don't know where, now.

Tue, 02/03/2015 - 20:22 | 5741114 disabledvet
disabledvet's picture

"Our debt, your problem.

 

Don't forget to vote!"

Tue, 02/03/2015 - 20:23 | 5741117 walküre
walküre's picture

Tribesman lost money? Well, color me purple.

Wed, 02/04/2015 - 02:48 | 5742192 Otrader
Otrader's picture

Tribesman lost money? Well, color me purple.

Tribesman lost OTHER PEOPLE'S Money! It's always someone else's money, land, etc.  The legalized term in the west is 'Central Banking'

Tue, 02/03/2015 - 20:25 | 5741124 lakecity55
lakecity55's picture

She could make up some of his loss with BJs and HJs...

You could do that in the dark and not have to look at how ugly she is.

Tue, 02/03/2015 - 20:28 | 5741141 lakecity55
lakecity55's picture

Hitlery: "You have been with a man!"
Chelsea: "Yes, mom."

Tue, 02/03/2015 - 20:37 | 5741184 Who was that ma...
Who was that masked man's picture

Chelsea:  "No mom, I was with my husband".

Do NOT follow this link or you will be banned from the site!