Ah well, as the article points out, there are many, many other similar opportunities out there for 2nd generation grifters to rip off the gullible. Like father, like son. Apple, meet tree. Marc's father, Ed Mezvinsky, a former U.S. representative from Iowa, pleaded guilty in 2002 to cheating dozens of investors out of $10 million.
In March 2001, Mezvinsky was indicted and later pleaded guilty to 31 of 69 counts of
bank fraud, mail fraud, and wire fraud.
Ed Mezvinsky
embezzled more than $10 million dollars from people via both a Ponzi scheme and the notorious Nigerian e-mail scams. He was found guilty and sentenced to 80 months in federal prison.
After serving less than five years in federal prison, he was released in April 2008 and remains on federal probation. To this day, he still owes $9.4 million in restitution to his victims..
http://vidrebel.wordpress.com/2014/02/19/do-you-know-edward-ed-mezvinsky/ Moving on to the 2nd generation of Mezvinsky financial wheeler dealers, son Marc and his 2 partners, all ex-Goldman Sachs Group Inc. proprietary traders/graduates, have profiteering, barely legal speculations down to a fine art. Y'all know Goldman-Sachs, right? The folks who paid Hillary $400,000 in one week for a couple of speeches?
http://www.dailykos.com/story/2013/11/14/1255675/-Goldman-Sachs-Pays-Hillary-400-000-in-One-Week
The world's most powerful investment bank is a great vampire squid wrapped around the face of humanity, relentlessly jamming its blood funnel into anything that smells like money. In fact, the history of the recent financial crisis, which doubles as a history of the rapid decline and fall of the suddenly swindled dry American empire, reads like a Who's Who of Goldman Sachs graduates.
Read more:
http://www.rollingstone.com/politics/news/the-great-american-bubble-machine-20100405#ixzz3NUOiPstK
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Ex-Goldman Sachs Group Inc. (GS) proprietary traders Bennett Grau and Mark Mallon are teaming up with former colleague Marc Mezvinsky to start a hedge fund, according to a person with knowledge of their plans.
The three are raising money for their new firm, Eaglevale Partners LP, which plans to start trading in the first half of 2012, said the person, who asked not to be identified because the information is private. The fund will employ a global macro strategy, seeking to profit from economic trends by trading securities from bonds to commodities.
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