{"id":8504,"date":"2008-09-01T00:00:00","date_gmt":"2008-09-01T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"bidens-son-in-fund-suit","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/09\/2008\/bidens-son-in-fund-suit.html","title":{"rendered":"Biden&#8217;s Son In Fund Suit"},"content":{"rendered":"<p>New York Post &#8211; Hedge fund executive Hunter Biden has had anything but a quiet introduction to his career in finance. <\/p>\n<p> The 38-year-old son of Democratic vice presidential candidate Sen. Joe Biden is caught up in several lawsuits regarding the acquisition and operation of Paradigm Companies, an investment firm that operates a fund of funds &#8211; a hedge fund that invests in other hedge funds. <\/p>\n<p>  Biden also appears to be feuding with partner James Park, the son-in-law of the Rev. Sun Myoung Moon, Court papers show. <\/p>\n<p> Biden, also a Washington lobbyist, took control of Paradigm in August 2006 and was, for a brief period, its president &#8211; getting paid $1.2 million a year despite no experience in the sector, according to charges in one of the suits. <\/p>\n<p> Months later, Anthony Lotito, a consultant, sued Biden, James Biden, his uncle, and Paradigm for allegedly cheating Lotito out of fees related to the purchase. Biden has denied the charges and the suit is awaiting trial. <\/p>\n<p>Hedge fund executive Hunter Biden has had anything but a quiet introduction to his career in finance. <\/p>\n<p> The 38-year-old son of Democratic vice presidential candidate Sen. Joe Biden is caught up in several lawsuits regarding the acquisition and operation of Paradigm Companies, an investment firm that operates a fund of funds &#8211; a hedge fund that invests in other hedge funds. <\/p>\n<p>  Biden also appears to be feuding with partner James Park, the son-in-law of the Rev. Sun Myoung Moon, Court papers show. <\/p>\n<p> Biden, also a Washington lobbyist, took control of Paradigm in August 2006 and was, for a brief period, its president &#8211; getting paid $1.2 million a year despite no experience in the sector, according to charges in one of the suits. <\/p>\n<p> Months later, Anthony Lotito, a consultant, sued Biden, James Biden, his uncle, and Paradigm for allegedly cheating Lotito out of fees related to the purchase. Biden has denied the charges and the suit is awaiting trial. <\/p>\n<p><strong><a href=\"..\/news\/news_land.php?i=http:\/\/www.nypost.com\/seven\/08312008\/business\/bidens_son_in_fund_suit_126918.htm\" target=\"_blank\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>New York Post &#8211; Hedge fund executive Hunter Biden has had anything but a quiet introduction to his career in finance. The 38-year-old son of Democratic vice presidential candidate Sen. Joe Biden is caught up in several lawsuits regarding the [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[552,2362,2431,2233,2428,1805,1478,2430,268,2429],"class_list":["post-8504","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-alignment","tag-british-pound","tag-contracts","tag-court-decision","tag-felony-convictions","tag-health-care","tag-initiative","tag-legal-actions","tag-multibillion-dollar","tag-washington-lobbyist"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8504","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=8504"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/8504\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=8504"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=8504"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=8504"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}