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Hunter Biden's old firm got $10M in forgiven COVID loans while donating to Dems

  

Category:  News & Politics

Via:  texan1211  •  2 years ago  •  11 comments

By:   Miranda Devine (New York Post)

Hunter Biden's old firm got $10M in forgiven COVID loans while donating to Dems
Of 300 top law firms investigated by transparency nonprofit Open the Books, Boies took the single-biggest loan, $10.14 million, from the Paycheck Protection Program.

S E E D E D   C O N T E N T



By Miranda Devine

December 2, 202211:30pmUpdatedDecember 2, 202211:33pm

David Boies' law firm -- which once employed Hunter Biden -- took a $10.14 million loan from the Paycheck Protection Program. Bloomberg via Getty Images; AP

Hunter Biden's past employer, law firm Boies Schiller Flexner, received $10 million in forgiven pandemic loans from the federal government — while donating nearly $1 million to Democratic candidates, an independent investigation has found.

Of 300 top law firms investigated by transparency nonprofit Open the Books, Boies took the single-biggest loan, $10.14 million, from the Paycheck Protection Program, established by the Trump administration in 2020 to help mom-and-pop businesses survive the pandemic. The loan was forgiven in 2021.

Meanwhile, the firm — headed by longtime Joe Biden donor David Boies — billed $480 million to clients in 2020 and 2021, and equity partners each earned $4.5 million.

Boies partners and employees donated nearly $1 million in federal campaign cash during the 2020 and 2022 election cycles, including $213,966 to Biden's presidential campaign.

First son Hunter Biden became "of counsel" at the Boies firm in 2010, earning $216,000 annually for a "no-show" job that did not require him to keep regular office hours or attend meetings.


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Texan1211
Professor Principal
1  seeder  Texan1211    2 years ago

Wow, not too shabby for the law firm, eh?

Hire the son of a politician and donate some big bucks to his father and reap the benefits!

I wonder if the usual suspects will complain bitterly about quid pro quo.

Naw, something connected to a Biden and they will remain silent.

 
 
 
fineline
Freshman Silent
1.1  fineline  replied to  Texan1211 @1    2 years ago

Exactly who? gives a shit !

 
 
 
Drinker of the Wry
Senior Expert
1.1.1  Drinker of the Wry  replied to  fineline @1.1    2 years ago

I went home with the waitress, the way I always do
How was I to know, she was with the Russians, too?

I was gambling in Havana, I took a little risk
Send lawyers, guns and money, dad, get me out of this, ha

I'm the innocent bystander
Somehow I got stuck between the rock and a hard place
And I'm down on my luck, yes I'm down on my luckWell,                                                                                I'm down on my luck

And I'm hiding in Honduras
I'm a desperate man
Send lawyers, guns, and money
The shit has hit the fan

Alright, send lawyers, guns, and money
Huh, yeah
Send lawyers, guns, and money
Uh
Send lawyers, guns, and money
Hey
Send lawyers, guns, and money
Oo, yeah
Yeah
Yeah

 
 
 
Texan1211
Professor Principal
2  seeder  Texan1211    2 years ago

Where is the faux liberal poutrage now?

 
 
 
Texan1211
Professor Principal
3  seeder  Texan1211    2 years ago

I would like to be able to "invest" $216k a year and 'donate' around a million dollars and get a return of $10 MILLION!

 
 
 
squiggy
Junior Silent
3.1  squiggy  replied to  Texan1211 @3    2 years ago

I wonder how many of the working poor split the $10m? Six?

 
 
 
Texan1211
Professor Principal
3.1.1  seeder  Texan1211  replied to  squiggy @3.1    2 years ago

NONE of the working poor split that money with the law firm.

It is a bastion of liberalness, and therefore compelled to pay high wages, as evidenced by the millions in bonuses they handed out.

And to think it only took a 10% kickback to Democrats to reap $9 million!

What a racket!

I bet Hunter Biden is jealous as hell!

 
 
 
Greg Jones
Professor Participates
4  Greg Jones    2 years ago

Let the investigations begin!

 
 
 
squiggy
Junior Silent
5  squiggy    2 years ago

It's funny, well, not really, that Biden used forgiveness as a wedge in the illegal student loan forgiveness debacle.

 
 
 
Texan1211
Professor Principal
6  seeder  Texan1211    2 years ago

As predicted, no liberals came to complain about quid pro quo despite it being almost all they thought about whenever Trump did anything even remotely similar.

Hmmmmm.

 
 
 
Texan1211
Professor Principal
7  seeder  Texan1211    2 years ago

It looks like a 10% kickback to Democrats is all it takes to secure millions of taxpayer money!

 
 

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