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Posts Tagged ‘Avenue Capital Group’

Eye View Question of The Day,The Difference Between Politicians Kids and Other Peoples Kids, A Nice Hedge

August 1, 2010

Politicians kids really like  hedges.

In the fall of 2006, Chelsea Clinton left McKinsey and went to work for Avenue Capital Group, a hedge fund run by Marc Lasry, a donor to Democratic causes and supporter of the Clintons.

Marc Mezvinsky is a former Goldman Sachs investment banker. He works at the hedge fund G3 Capital.

Other people’s kids grow up cutting the hedges, while politician kids grow up managing hedge funds..

If Congress does away with derivative investments what will their kids do?

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