Monday, September 23, 2013

Chelsea Clinton's Secret Holding Company

Many high net worth individuals put their assets, especially their residences, in holding companies to shelter them against personal liabilities that may arise and also to protect their privacy.

Whoops, the privacy thing isn't going so well for Chelsea and her husband.

As I have preciously reported,  Chelsea and her husband Marc Mezvinksy paid $9,250,000 for a four-bedroom apartment in the  Whitman condominium building on Madison Square Park.

But now we know, thanks to NyPo digging, the secret holding company used by Chelsea and Marc to purchase their apartment. NyPo reports:
Clinton and Mezvinsky purchased the property using a company called Cafema LLC. They took out a $5 million mortgage in addition to a $500,000 line of credit, records show.

Here is the public filing of Cafema LLC:

NOTICE OF FORMATION OF Cafema, LLC.
Articles of Organization filed with the Secretary of State of NY (SSNY) on 12/18/2012. Office location: New York County. SSNY has been designated as agent upon whom process against it may be served. The Post Office address to which the SSNY shall mail a copy of any process against the LLC served upon him is Cafema, LLC C/O Ellyn Roth Mittman, Esq., 110 East 59th Street, 23rd Fl, New York, NY 10022. Purpose of LLC: To engage in any lawful act or activity.
Avenue Magazine lists Mittman as an elite top NYC woman attorney specializing in real estate.

7 comments:

  1. Where did they get that kind of money? Does this trace back to the CIA running drugs into America to fund the contras and using Mena, Armansas as the east coast base?

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  2. All these politicians have dirty money. Amazingly the US Congress (and presidency) is filled with millionaires. Remember Bush I who had never seen a supermarket price scanner? How about the millionaire community organizer who has the people thinking he's just a community organizer? Bush II's daddy gave him several business opportunities and the Bush's are one of the planet's largest arms dealers. Clintons have millions from commodities trading and who knows what else. Countless senators and reps have millions from God knows where yet you believe these people represent your interests. NOT!

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    1. Bush and Clinton worked together during the 80s on the story Gary Webb broke about the contras bringing cocaine to America to fund their war against the sandanistas. Mena was where the planes landed bc it was secluded and up in the mountains. Clinton made sure none of the complaints or investigations got anywhere.

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    2. the clintons stole the Haiti relief funds

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  3. Congresscritters are exempt from insider trading laws, and a recent study shows they beat the market by over 200% year by year. Wonder how?

    Only one- Ron Paul- has consistently published his positions and recused himself from using inside knowledge.

    Fitz

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  4. Clinton Global Initiative Is Market For Favor Trading, Credibility Laundering

    An in-depth piece on longtime President Clinton aide Doug Band has exposed the Clinton Global Initiative as a den of favor trading between Clinton family members and corporate executives. The article published by the New Republic titled Scandal at Clinton Inc. How Doug Band drove a wedge through a political dynasty, details at length how Teneo Founder Doug Band worked his way into President Clinton’s orbit then built a lucrative network of clients for his company based off of leveraging Clinton’s name.

    But within the lengthy piece is another interesting story – how the Clinton Global Initiative functions as a place to make deals, trade favors, and have politicians help Big Business assist with PR problems.

    http://news.firedoglake.com/2013/09/23/clinton-global-initiative-is-market-for-favor-trading-credibility-laundering/

    The greatest trick the devil ever pulled was to convince the world he didn't exist.

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  5. Drug dealers do the same thing, they use a company to have their exotic car's and other things they own as owner of, so if they get busted the things they own won't be taken away by government

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