Re: Why did an energy firm with big assets in Ukraine hire Joe Bidenís son?
Wow better then a community organizer huh? So if he is so accomplished how much of our billion dollar hand out will he be taking home?
Originally Posted by Hatuey
Did you actually look up what this "boy" has done with his life? He has founded law firms, been put by various presidents (Republican and Democrat) into leadership positions, sat as president of various NGOs, been a volunteer for religious organizations, graduated from Yale etc. Meanwhile, other people are just happy to simply post on internet forums and call this pretty accomplished young man "a boy".
On April 22, Cyprus-based Burisma announced that financier Devon Archer had joined its board. Archer, who shared a room in college with Kerryís stepson, Christopher Heinz, served as national finance co-chair for the former senatorís 2004 presidential campaign.
Then, on Monday, the firm announced that Bidenís younger son, R. Hunter Biden, would join the board of directors.
Why would the company, which bills itself as Ukraineís largest private gas producer, need such powerful friends in Washington?
The answer might be the companyís holdings in Ukraine. They include, according to the firmís website, permits to explore in the Dnieper-Donets Basin in the countryís eastern regions, home to an armed pro-Russian separatist movement. They also include permits to explore in the Azov-Kuban Basin of the strategic Crimean peninsula, annexed earlier this year by Moscow.
Itís not clear what will happen to energy firms, like Burisma, that aim to explore and exploit potential deposits in those areas. Neither the Archer nor the Biden announcement explicitly mentions the unrest, and itís not clear exactly when their discussions to join the board began. In an April 23 Q&A, the transcript of which appears on Burismaís website, Archer said he had been approached ďa few months agoĒ about the opportunity to consult for the oil company. The announcement of his directorship came less than a month after the disputed vote in Crimea to rejoin Russia.
The White House and the vice presidentís office denied there was anything untoward about Bidenís appointment.
ďHunter Biden and other members of the Biden family are obviously private citizens and where they work does not reflect an endorsement by the administration or by the Vice President or President,Ē said President Barack Obamaís press secretary, Jay Carney. ďBut I would refer you to the Vice Presidentís office.Ē
Why would a company hire an American executive with close personal and familial ties to the political establishment of the most powerful country on earth? Gee, I have no idea. There isn't anything unusually nefarious here, this is standard corporate recruitment.