A young friend of the John Kerry family has also joined the board of a Ukraine gas producer, along with Joe Biden’s son, Hunter Biden. The vice-president visited the country in April 2014. This is the first confirmed job Biden has created, without offering a loan guarantee or hand-out first, or did he? How long before we hear how much this really cost the American taxpayer?
His appointment came a few weeks after Devon Archer —college roommate of the secretary of state’s stepson, H.J. Heinz Co. ketchup heir Christopher Heinz—joined the board to help the gas firm attract U.S. investors, improve its corporate governance and expand its operations. A State Department spokesman declined to comment.
“The fact that I joined the board of directors is largely based on the company’s will to grow,” Mr. Archer said in an interview with Ukrainian media published on Burisma’s website. “Last year alone witnessed a lot of transformations.” He vowed to make the company more transparent.
Mr. Biden, 44 years old, and Mr. Archer, 39, work for Rosemont Seneca Partners, a U.S. investment company. It is affiliated with Rosemont Capital, a private-equity firm Mr. Archer co-founded with Mr. Heinz. Source: WSJ
They’re talking about transparency here. Really?
Ukraine certainly needs help. They haven’t paid their gas debt to Russia for years and years, and Russian just raised their rates. Ukraine’s old debt was reportedly 80 percent of GDP.
H/T my youngest nephew
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