Tuesday, July 25, 2017

Funny money

The "complex" ownership of the Chinese firm trying to buy the Mooch’s hedge fund

Back in January, flamboyant Wall Street financier Anthony Scaramucci, aka the Mooch, was set to join Donald Trump’s White House as a senior advisor, but the position was later retracted amid concerns over his sale of his hedge fund, SkyBridge Capital, to a subsidiary of HNA Group, a Chinese conglomerate with deep ties to the country’s ruling Communist Party. Now Scaramucci is back in the spotlight after being appointed White House communications chief last week. So is his secretive Chinese would-be business partner.....


https://qz.com/1037804/chinas-hna-group-which-is-trying-to-buy-anthony-scaramuccis-hedge-fund-says-its-biggest-owner-is-a-new-york-charity/

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