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In reply to the discussion: I'm going to say something about Hunter Biden [View all]Gothmog
(182,829 posts)36. The long-awaited defense of Hunter Biden
Here are some facts including that the fact that Hunter was a biglaw firm that was advising this company https://www.dailykos.com/stories/2020/1/5/1907833/-The-long-awaited-defense-of-Hunter-Biden
Following Paradigm, Biden continued working as a lobbyist for several years and was appointed to the board of Amtrak by President George W. Bush. He had also been the vice chairman of the National Railroad Passenger Corporation. He then founded a private equity firm, Rosemont Seneca Partners, in 2009, which later partnered with the Chinese government to form yet another equity firm, called BHR, where he held an unpaid board position. Trump likes to argue that Biden took tons of money from China, but againthis position was unpaid.
He ended his lobbying career and left the Amtrak board as his father became vice president, then started another consulting firm in 2008, as noted by Newsweek.
Biden then joined the law firm Boies Schiller Flexner, which features superstar lawyer David Boies as its primary partner and chairman. While at Boies Schiller, Biden was involved in advising Burisma, which was a client at the time being personally handled by Biden, who was advising them on corporate reform, according to Hunter Bidens lawyer, George Mesires:
Again, this view is consistent that Biden ultimately joined by the board for Burisma Holdings to help it with its efforts regarding corporate governance, as noted by Wikipedia.
So it appears that Biden was placed on the board of Burisma as part of its effort to clean up its practices after the allegations of money laundering by Zlochevsky, which had previously occurred in 2012. Biden took a pay cut to be on the board compared to what hed earned as an investment banker, although it may have been an upgrade compared to what he likely earned at Boies Schiller. Biden had nothing to do with the investigation of Zlochevsky and was never investigated himself.
He ended his lobbying career and left the Amtrak board as his father became vice president, then started another consulting firm in 2008, as noted by Newsweek.
In 2008, Hunter Biden also founded Seneca Global Advisors, a consulting firm that helps companies expand into global markets. His earnings from Rosemont Seneca and Seneca Global Advisors are not publicly available.
Biden then joined the law firm Boies Schiller Flexner, which features superstar lawyer David Boies as its primary partner and chairman. While at Boies Schiller, Biden was involved in advising Burisma, which was a client at the time being personally handled by Biden, who was advising them on corporate reform, according to Hunter Bidens lawyer, George Mesires:
In April 2014, Hunter was asked to join the board of Burisma, the largest independent natural gas producer in Ukraine. At the time, Hunter was of counsel with Boies Schiller Flexner LLP [fn 1] (Boies Schiller), a major U.S. law firm, and was advising Burisma on its corporate reform initiatives, an important aspect of fueling Burismas international growth and diversity. Vibrant energy production, particularly natural gas, was central to Ukraines independence and to stemming the tide of Vladimir Putins attack on the principles of a democratic Europe.
To further its goals of independence, Burisma sought to adopt standards and practices traditionally employed by Western companies. At Hunters urging, Boies Schiller engaged Nardello & Co., a leading global investigative firm, to assess, among other things, Burismas corporate structure and governance practices. Burisma agreed to pay the legal expenses of Boies Schiller to support Hunter in developing corporate reform initiatives.
Because of Burismas stated commitment to corporate best practices, it was able to attract well-qualified board members, including the former president of Poland, Aleksander Kwasniewski, a leading advocate of democratic principles in the region. President Kwasniewski, familiar with Hunters work on behalf of Burisma, recommended that Hunter join the board.
Again, this view is consistent that Biden ultimately joined by the board for Burisma Holdings to help it with its efforts regarding corporate governance, as noted by Wikipedia.
In the aftermath of the 2014 Ukrainian revolution, Mykola Zlochevsky faced a money laundering investigation,[33][34] and his company Burisma Holdings, the largest natural gas producer in Ukraine,[14] assembled a "high-profile international board" in response.[35][34] Biden, then an attorney with Boies Schiller Flexner, was hired to help Burisma with corporate governance best practices, and a consulting firm in which Biden is a partner was also retained by Burisma.[36][37][38] Chris Heinz, John Kerry's stepson, opposed his partners Devon Archer and Hunter Biden joining the board in 2014 due to the reputational risk.[34] Among those who joined the board of directors in April 2014 were Biden, Archer and former Polish president Aleksander Kwaśniewski.[39] Biden served on the board of Burisma until his term expired in April 2019,[40] receiving compensation of up to $50,000 per month in some months.[37][41]
So it appears that Biden was placed on the board of Burisma as part of its effort to clean up its practices after the allegations of money laundering by Zlochevsky, which had previously occurred in 2012. Biden took a pay cut to be on the board compared to what hed earned as an investment banker, although it may have been an upgrade compared to what he likely earned at Boies Schiller. Biden had nothing to do with the investigation of Zlochevsky and was never investigated himself.
Being on the board of AMTRACK and being with the biglaw firm that was advising this company are sufficient qualifications for Hunter to be appointed on the board.
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Give the filthy traitorous piles of HUMAN SHIT credit, they have the entire media
Eliot Rosewater
Dec 2019
#1
that's why they love their unchallenged and uncorrected 1500 coordinated radio station monopoly
certainot
Dec 2019
#21
And even though Joe didn't take any action based on Hunter's business connection,
pnwmom
Dec 2019
#18