What's wrong with the rest of you 33 year old slackers?!?! (Do I need a sarcasm emoticon?)
As of 2010, her father-in-law, Edward Mezvinsky, still owed $9.4 million in restitution to victims of his fraudulent investment schemes. (hmmmm . . . . investment schemes . . . . hedge funds . . . . the apple doesn't fall far from the tree). He had previously filed for bankruptcy in January, 2000. Marc's mother, Margorie Margolies, also attempted to file for bankruptcy but was unsuccessful:
In 2000, she decided to run, but ultimately withdrew from the Democratic Senate primary. . . , after disappointing fundraising, mother's illness, and legal trouble of her husband, Edward Mezvinsky, which ended in a conviction for fraud. Shortly thereafter, she filed for bankruptcy,[20] but failed to receive a discharge from her debts, based on 11 U.S.C. §727(a)(5). The court found Mezvinsky had failed to satisfactorily explain a significant loss of assets in the four years prior to her bankruptcy filing. The bankruptcy judge stated, in her published opinion, "I find that the Debtor has failed to satisfactorily explain the loss of approximately $775,000 worth of assets (the difference between the $810,000 represented in May 1996 and the $35,000 now claimed in her Amended Schedule B)." Sonders v. Mezvinsky (in re Mezvinsky), 265 B.R. 681, 694 (Bankr. E.D. Pa. 2001).
When she (Marc's mother) filed for bankruptcy, a judge rejected her assertion of ignorance in a scathing decision that, depending on how you read it, either calls her feminism into question or suggests she knows more than she’s letting on. “
Her consistent response to questions asked by her creditors about the disposition of her assets is lack of knowledge or ‘my husband handled it,’ a mantra that is completely at odds with her public persona, background, and accomplishments,” the judge wrote. http://downwithtyranny.blogspot.com/2014/04/could-marjorie-margolies-sordid-and.htmlSo Marc Mezvinsky did not finance his hedge fund with family funds. Must have his daddy's gift of the gab to draw in wealthy investors.
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