A Hunter Biden-linked company received $130M in special federal loans while his father Joe Biden was vice president.
An investment firm linked to Hunter Biden received over $130 million in federal bailout loans while his father Joe Biden was vice president and routed profits through a subsidiary in the Cayman Islands, according to federal banking and corporate records analyzed by the Washington Examiner.
One of the firms that benefited was Rosemont Capital, a company led by Hunter Biden’s business partners- Chris Heinz, John Kerry’s step-son and Chris’ Yale roommate, Devon Archer, who was also a fundraiser/advisor to Kerry during his run for President. https://t.co/6dcctwMv7g
— Lisa 🇺🇲 Game Over 🇺🇲 (@2020_Trump_KAG) November 22, 2019
“One of the firms that benefited was Rosemont Capital, a company led by Hunter Biden’s business partners, Chris Heinz and Devon Archer. The firm received the loans at a crucial time for Hunter Biden. The younger Biden had stepped down from his lobbying business in late 2008, reportedly due to pressure on his father’s vice presidential campaign,” The Washington Examiner reported.
Joe Biden was a major player as a senator in pushing for the financial bailout under former President George W. Bush.
The program gave billions of dollars worth of “highly favorable loans to select investors who agreed to buy bonds that banks were struggling to offload, including bundled college and auto loans” which were attractive to investors because “if the bonds were profitable, the borrowers benefited. If not, the department agreed to take over the depreciated assets with no repercussions for the borrowers. More
And the plot continues to thicken. The Bidens are crooked corrupt people and should be imprisoned and all of their assets forfeited.
— Michael Robinson (@MichelR91283767) November 22, 2019
It’s like the life long politicians and their friends think of our tax money as their personal piggy banks, except it isn’t enough because they also want to drain other countries too.
It’s unbelievable how much corruption there is. How do you think all those politicians get rich? From shady dealings just like this one! It’s completely disgusting.Don't forget to Like Freedom Outpost on Facebook and Twitter, and follow our friends at RepublicanLegion.com.
Become an insider!
Sign up for the free Freedom Outpost email newsletter, and we'll make sure to keep you in the loop.