RenTech's Robert Mercer to resign as CEO

[Jacque67 7,328]

https://www.bloomberg.com/news/articles/2017-11-02/rentech-s-robert-mercer-to-resign-as-co-ceo-of-hedge-fund-firm-j9ilcxxe

[Jacque67 7,328]

Wow. Mueller Time. WH be:

 

 

[Jacque67 7,328]

In recent months, Mercer’s personal political projectsdragged the notoriously secretive firm into the national spotlight. Mercer and his daughter, Rebekah, are prominent Republican donors and patrons of Stephen Bannon, the chairman of Breitbart News and a driving force behind the populist, nationalist wing of the Republican Party that carried Trump to the White House.

In the Nov. 2 letter, Mercer said "for personal reasons" he has decided to sell his stake in Breitbart News to his daughters. He wrote that he has "great respect" for Bannon but that their views don’t always align.

Mercer also said in the letter that he was "mistaken to have supported" Milo Yiannopoulos, a former Breitbart writer, and is severing ties with him because statements by Yiannopoulos have caused "pain and divisiveness."

Mercer also sought to correct what he called mischaracterizations of him in the press.

[Jacque67 7,328]

https://www.bloomberg.com/news/articles/2017-11-02/rentech-s-robert-mercer-to-resign-as-co-ceo-of-hedge-fund-firm

 

getting ready for jail time. Godfather . Meth bath.

[Jacque67 7,328]

 

[Jacque67 7,328]

So Robert Mercer owes the IRS $7Billion in back taxes...

http://www.mcclatchydc.com/news/politics-government/article147454324.html

 

Andy Weissmann has been busy!

[Jacque67 7,328]

https://www.nytimes.com/2017/10/31/us/politics/andrew-weissmann-mueller.html

 

he's hawwwt !

[Jacque67 7,328]

http://www.telegraph.co.uk/news/2017/11/04/bermuda-hack-tory-donor-billionaire-leave-campaigner-braced/

 

Lord Ashcroft and Robert Mercer.

mercer will be back in the barrel again.

[CaliCat 3,957]

On 11/2/2017 at 12:24 PM, Jacque67 said:

In recent months, Mercer’s personal political projectsdragged the notoriously secretive firm into the national spotlight. Mercer and his daughter, Rebekah, are prominent Republican donors and patrons of Stephen Bannon, the chairman of Breitbart News and a driving force behind the populist, nationalist wing of the Republican Party that carried Trump to the White House.

In the Nov. 2 letter, Mercer said "for personal reasons" he has decided to sell his stake in Breitbart News to his daughters. He wrote that he has "great respect" for Bannon but that their views don’t always align.

Mercer also said in the letter that he was "mistaken to have supported" Milo Yiannopoulos, a former Breitbart writer, and is severing ties with him because statements by Yiannopoulos have caused "pain and divisiveness."

Mercer also sought to correct what he called mischaracterizations of him in the press.

 

 

Crooked Trump h picked a good time to go on vacation. Let his sicarios do his bidding.

 

[Amica Nostra 4,803]

2 minutes ago, CaliCat said:

 

 

Crooked Trump h picked a good time to go on vacation. Let his sicarios do his bidding.

 

You must be mistaken "I would not be a president who took vacations. I would not be a president that takes time off.

[Jacque67 7,328]

Picked a good time to quit...

[CaliCat 3,957]

36 minutes ago, Jacque67 said:

Picked a good time to quit...

 

Maybe he's hoping to pass GO, collect $200, and skip jail...

[Jacque67 7,328]

On 3 November 2017 at 10:21 AM, Jacque67 said:

https://www.nytimes.com/2017/10/31/us/politics/andrew-weissmann-mueller.html

 

he's hawwwt !

He is!

 

[Jacque67 7,328]

http://www.telegraph.co.uk/news/2017/11/04/bermuda-hack-tory-donor-billionaire-leave-campaigner-braced/

 

ashcroft not so hot.

[Jacque67 7,328]

Eighteen months before guiding Donald Trump to election victory, Steve Bannon delivered the opening shot in the ruthless Republican campaign to paint their Democratic opponent as corrupt.

The future White House chief strategist produced a book in May 2015 accusing Hillary Clinton of trading favours for donations to her charitable foundation. Its questionable central charge, on the sale of a uranium company to Russia, recently became the subject of a House inquiry and feverish talk on conservative media.

 What happens when the super-rich write the tax rules? They fail

David Cay Johnston 

 

 

Read more

But the financial arrangements of another foundation, which bankrolled Bannon’s creation of the book, Clinton Cash, have received less scrutiny.

Leaked documents and newly obtained public filings show how the billionaire Mercer familybuilt a $60m war chest for conservative causes inside their family foundation by using an offshore investment vehicle to avoid US tax.

The offshore vehicle was part of a network of companies in the Atlantic tax haven of Bermuda led by Robert Mercer, the wealthy hedge-fund executive and Bannon patron whose spending helped put Trump in the White House and aided a resurgence of the Republican right.

Mercer, 71, appears as a director of eight Bermuda companies in the Paradise Papers, a trove of millions of leaked documents on offshore finance reviewed by the Guardian, the International Consortium of Investigative Journalists and other partners. The files include a copy of Mercer’s US passport and other private data.

Some of the Bermuda companies appear to have been used to legally avoid a little-known US tax of up to 39% on tens of millions of dollars in investment profits amassed by the Mercer family’s foundation, which funded Bannon’s book and a who’s who of conservative groups, along with a $475m retirement fund for the staff of Mercer’s hedge fund, Renaissance Technologies.

Bill Parish, an Oregon-based investment adviser who has been consulted on the tax by US government investigators, said: “This is simple but ingenious. You take retirement plans or foundations, you invest them in a hedge fund, and even if the value rises 100%, you can sell off the investments with no tax consequences.”