President Joe Biden loves private equity underwriters (PEUs) and one is his son Hunter.
Carlyle Group co-founder David Rubenstein met with Hunter Biden (Rosemont Realty), his dad and Jeff Zients (Cranemere Group, Portfolio Logic LLC) in February 2016.
During the first meeting — which took place on Feb. 12, 2016 — Jeff Zients, Hunter Biden, then-Vice President Biden met with David Rubenstein, a billionaire and founder of hundred-billion-dollar asset management firm The Carlye Group.
PEU Jeff Zients is expected to be President Biden's next Chief of Staff . Hunter Biden served on the Advisory Board of Rosemont Capital's Realty arm and the Board of Ukrainian gas company Burisma.
Then Vice President Joe Biden's PEU love is evident in this 2016 meeting. He showed it once he became President with his many PEU cabinet appointments. Now Biden stands to show it again by replacing PEU Chief of Staff Ron Klain with PEU Chief of Staff Jeff Zients.
Hunter's next two meetings with Zients included David G. Bradley who has a history of flipping companies. Bradley sold GovExec to a private equity firm in March 2020.
Zients possible appointment as White House Chief of Staff has been all over the news, except Gov Exec.
Politicians Red and Blue love PEU and increasingly, more are one.
Update 6-30-23: A Senate subcommittee issued a September 2020 report on Hunter Biden's gorging at the insider money trough. That boy can flat out eat. It's PEU level greed.