Difference between revisions of "James Biden"
| Line 1: | Line 1: | ||
'''James "Jimmy" Biden''' (born June 1949) is the younger brother of Presidential-nominee [[Joe Biden]]. James is a former nightclub owner, owned a [[lobbyist]] firm, acquired the company Paradigm Global Advisors with nephew [[Hunter Biden]]. In 2010, James Biden joined the company HillStone International. In 2011, HillStone International lands a $1.5 billion contract to build housing in [[Iraq]]. His dealings with several medical companies have led to allegations that he engaged in [[fraud]]. | '''James "Jimmy" Biden''' (born June 1949) is the younger brother of Presidential-nominee [[Joe Biden]]. James is a former nightclub owner, owned a [[lobbyist]] firm, acquired the company Paradigm Global Advisors with nephew [[Hunter Biden]]. In 2010, James Biden joined the company HillStone International. In 2011, HillStone International lands a $1.5 billion contract to build housing in [[Iraq]]. His dealings with several medical companies have led to allegations that he engaged in [[fraud]]. | ||
| + | |||
| + | ''[[Politico]]'' reported on [[Biden family corruption]] on August 2, 2019: | ||
| + | {{quotebox-float|The day the Bidens took over Paradigm Global Advisors was a memorable one. | ||
| + | |||
| + | In the late summer of 2006 Joe Biden’s son Hunter and Joe’s younger brother, James, purchased the firm. On their first day on the job, they showed up with Joe’s other son, Beau, and two large men and ordered the hedge fund’s chief of compliance to fire its president, according to a Paradigm executive who was present. | ||
| + | |||
| + | After the firing, the two large men escorted the fund’s president out of the firm’s midtown [[Manhattan]] office, and James Biden laid out his vision for the fund’s future. “Don’t worry about investors,” he said, according to the executive, who spoke on the condition of anonymity, citing fear of retaliation. “We've got people all around the world who want to invest in Joe Biden.” | ||
| + | |||
| + | At the time, the senator was just months away from both assuming the chairmanship of the Senate Foreign Relations Committee and launching his second presidential bid. According to the executive, James Biden made it clear he viewed the fund as a way to take money from rich foreigners who could not legally give money to his older brother or his campaign account. “We've got investors lined up in a line of 747s filled with cash ready to invest in this company,” the executive remembers James Biden saying.<ref>https://www.politico.com/magazine/story/2019/08/02/joe-biden-investigation-hunter-brother-hedge-fund-money-2020-campaign-227407</ref>}} | ||
==External Links== | ==External Links== | ||
Revision as of 04:28, September 29, 2023
James "Jimmy" Biden (born June 1949) is the younger brother of Presidential-nominee Joe Biden. James is a former nightclub owner, owned a lobbyist firm, acquired the company Paradigm Global Advisors with nephew Hunter Biden. In 2010, James Biden joined the company HillStone International. In 2011, HillStone International lands a $1.5 billion contract to build housing in Iraq. His dealings with several medical companies have led to allegations that he engaged in fraud.
Politico reported on Biden family corruption on August 2, 2019:
| The day the Bidens took over Paradigm Global Advisors was a memorable one.
In the late summer of 2006 Joe Biden’s son Hunter and Joe’s younger brother, James, purchased the firm. On their first day on the job, they showed up with Joe’s other son, Beau, and two large men and ordered the hedge fund’s chief of compliance to fire its president, according to a Paradigm executive who was present. After the firing, the two large men escorted the fund’s president out of the firm’s midtown Manhattan office, and James Biden laid out his vision for the fund’s future. “Don’t worry about investors,” he said, according to the executive, who spoke on the condition of anonymity, citing fear of retaliation. “We've got people all around the world who want to invest in Joe Biden.” At the time, the senator was just months away from both assuming the chairmanship of the Senate Foreign Relations Committee and launching his second presidential bid. According to the executive, James Biden made it clear he viewed the fund as a way to take money from rich foreigners who could not legally give money to his older brother or his campaign account. “We've got investors lined up in a line of 747s filled with cash ready to invest in this company,” the executive remembers James Biden saying.[1] |