American Samizdat

Monday, June 16, 2008. *
Join the elite team!

Commander of All the Armies
and Judge Over All the Earth
Well-Intentioned and Deserving
Christ II(TM), Select Committee

Live and rule from our Nizuc community.

Wait! Is that Ken Lay I see in that Nizuc beach cabana? No? Maybe it's hedge-fund crook Sam Israel...?

Also see these, Search for hedge-fund swindler despite suicide note

Probe deepens in missing hedge fund manager

And from a couple of years ago (via DU):

Bayou and the Bush Cousin


A first cousin of President Bush is emerging as a peripheral player in the increasingly bizarre Bayou Management hedge fund scandal.

Sources say John P. Ellis, a former journalist turned investment banker, represented several companies in investment presentations to IM Partners, a side venture set up by Samuel Israel and Daniel Marino. Israel and Marino were the management team that ran Bayou and who federal prosecutors allege defrauded investors out of $300 million.

People familiar with the Bayou saga say Ellis, a personal friend of Israel for the past several years, helped arranged at least five investment deals for IM Partners while working as a managing director for GH Venture Partners, a New York City-based investment bank. In all, IM Partners, a Connecticut-based investment partnership, invested at least $25 million in deals handled by GH Venture.

There's no indication that Ellis or GH Ventures were direct or indirect investors in either Bayou or IM Partners. And, other than their common principals, there's no direct evidence that any relationship existed between IM Partners and Bayou, although both operated out of the same Stamford, Conn., office.

A former columnist for the Boston Globe, Ellis may be best known for his work as an electoral consultant for Fox News during the 2000 presidential election. It was Ellis' analysis of the Florida vote total that led Fox to declare Bush the victor before any of the other networks.

Ellis is the son of Nancy Bush. He is the nephew of former President Bush and a cousin of President George W. Bush.

Citizen: please be advised, the time is now 8:30 PM, please make your way to the front gates of the 'Nizuc/Serenity GATED community', for your bracelet check, retinal scan and procedural pat down, escort out by 8:50. Have a happy night. See you in the morning, again, at the Master gate at 4:30 AM. Remember to smile. And Jesus loves you.
posted by Uncle $cam at 12:02 AM
Post a Comment

Site Meter

Creative Commons License