investment firm tied to Hunter Biden received over $130 million in special federal bailout money while Joe Biden was Vice President

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Hunter Biden-Linked Company Received $130 Million in Special Federal Loans While Joe Biden Was VP – Routed Profits Through Cayman Islands
Rosemont Capital, an investment firm tied to Hunter Biden received over $130 million in special federal bailout money while Joe Biden was Vice President
The profits were then routed through a subsidiary in the Cayman Islands, according to documents obtained by the Washington Examiner.

Recall, Rosemont Capital was run by Hunter Biden’s business partners Chris Heinz and Devon Archer.
The Washington Examiner reported:

An investment firm linked to Hunter Biden received over $130 million in federal bailout loans while his father Joe Biden was vice president and routed profits through a subsidiary in the Cayman Islands, according to federal banking and corporate records reviewed by the Washington Examiner.
Financial experts said the offshore corporate structure could have been used to shield earnings from U.S. taxes.
Rosemont Capital, an investment firm at the center of Hunter Biden’s much-scrutinized financial network, was one of the companies approved to participate in the 2009 federal loan program known as the Term Asset-Backed Securities Loan Facility, or TALF.
Under the program, the U.S. Treasury Department and the Federal Reserve Bank issued billions of dollars in highly favorable loans to select investors who agreed to buy bonds that banks were struggling to offload, including bundled college and auto loans.
Biden, Heinz, and Archer incorporated Rosemont Seneca Partners in Delaware on June 25, 2009.
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Hunter Biden-Linked Company Received $130 Million in Special Federal Loans While Joe Biden Was VP - Routed Profits Through Cayman Islands | The Gateway Pundit | by Cristina Laila

Rosemont Capital, an investment firm tied to Hunter Biden received over $130 million in special federal bailout money while Joe Biden was Vice President.
www.thegatewaypundit.com www.thegatewaypundit.com
 
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