[Joe] Biden's Son, Brother Named in Two Suits - Where is this news in the Obama Television Network?

[John K. Matyi]  Surprise surprise, the attacks on Sarah Palin have not stopped. So why are we not hearing about how Biden's son and brother (Hunter Biden, a Washington lobbyist) are being sued for fraud. I posted on this earlier as a part of the post on the attacks on Gov. Palin, but I don't want this issue to get lost in all the news. 

Here is one article from WashingtonPost.com that gives some information on this almost invisible Biden/Obama problem. You will hear that this has nothing to do with Joe Biden and it will be compared to all of the attacks on Gov. Palin's daughter, but where there is smoke... and I think this is almost ready to burst into flames.

The legal actions have been playing out in New York State Supreme Court since 2007, and they focus on Hunter and James Biden's involvement in Paradigm Companies LLC, a hedge fund group. Hunter Biden, a Washington lobbyist, briefly served as president of the firm.

A lawsuit filed by their former partner Anthony Lotito Jr. asserts in court papers that the deal was crafted to get Hunter Biden out of lobbying because his father was concerned about the impact it would have on his bid for the White House. Biden was running for the Democratic nomination at the time the suit was filed.

Hunter Biden was made president with an annual salary of $1.2 million, despite his inexperience in the hedge fund industry, the lawsuit said. Before that, he had been part of the Washington law firm Oldaker, Biden & Belair, which earned $1.76 million in lobbying revenue in the first half of 2006, according to
Congressional Quarterly's CQ MoneyLine. One of its biggest clients is the National Association of Shareholder and Consumer Attorneys, a District-based group representing law firms specializing in investment and corporate law.

Hunter Biden is one of many children and relatives of prominent members of Congress who have made their careers as lobbyists. He returned to lobbying after less than a year with Paradigm.

I am sure Obama would like this to go away, so all we will hear from his campaign are more and more sound bites. All questions will be answered with subject matter that has absolutely nothing to do with the question, but we should not be too surprised about that.

Please add comments here if you are so inclined.

 

What did you think of this article?




Trackbacks
  • Thursday, September 04, 2008 12:37 PM JOHNMATYI.COM wrote:
    [John K. Matyi] Surprise surprise, the attacks on Sarah Palin have not stopped. So why are we not hearing about how Biden's son and brother (Hunter Biden, a Washington lobbyist) are being sued for fraud. I posted on this earlier as a part of the post on the attacks on Gov. Palin, but I don't want this issue to get lost in all the news. Here is one article from WashingtonPost.com that gives some information on this almost invisible Biden/Obama problem. You will hear that this has nothing to do with Joe Biden and it will be compared ...
Comments
  • No comments exist for this post.
Leave a comment

Submitted comments are subject to moderation before being displayed.

 Name (required)

 Email (will not be published) (required)

 Website

Your comment is 0 characters limited to 3000 characters.