A son and a brother of Senator Joseph R. Biden Jr. of Delaware are accused in two lawsuits of defrauding a former business partner and an investor of millions of dollars in a hedge fund deal that went sour, The Washington Post reported, citing court records.The Democratic vice presidential candidate’s son Hunter, 38, and brother James, 59, meanwhile say it was they who were defrauded by their former partner, whom they have accused of misrepresenting his experience in the hedge fund industry, The Post said.
According to the legal skirmishes, which have been playing out in New York State Supreme Court since 2007, Anthony Lotito Jr. said that he agreed to help set up Paradigm Companies, a hedge fund group for the Bidens, because the V.P. nominee was concerned on how his son Hunter’s lobbying activities would reflect on his campaign.
WHOOAAAA cowboy. I see hedge funds, fraud, lobbying. Aren't these the three mortal sins of democratic politics?
But then again, we have the 22 year old DUI for her husband but nary a word about the Big O's admitted cocaine use.
Long before the national media spotlight began to shine on every twist and turn of his life's journey, Barack Obama had this to say about himself: "Junkie. Pothead. That's where I'd been headed: the final, fatal role of the young would-be black man. . . . I got high [to] push questions of who I was out of my mind."
I guess Todd's biggest mistake was not to drown any witnesses. If he had, they would have thrown a tribute for him at the DNC convention.
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