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Chelsea Clinton takes new job at hedge fund |
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Written by asap
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Saturday, 04 November 2006 |
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A former first daughter has gotten a plum new gig.
Chelsea Clinton is working for Avenue Capital Group, a hedge fund that manages about $12 billion in assets. Avenue Capital specializes in trading in distressed debt, or debt of companies that are nearing or have filed for bankruptcy.
Details, such as when she started, her exact role and salary, were not released by the representing agency, Rubenstein Associates.
Federal records show Avenue Capital founders Marc Lasry and Sonia Gardner have donated thousands of dollars to Democratic lawmakers, including Chelsea Clinton's mother, Sen. Hillary Rodham Clinton of New York, as well as to Democratic campaign committees.
HER RESUME
Clinton, 26, had been working as a consultant for McKinsey & Co. since 2003, reportedly for a six-figure salary. McKinsey is an international consultant firm. She received a master's degree from Oxford University after graduating from Stanford University in 2001. | Only registered users can write comments.
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