General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsAll the crap about Biden's son making a lot of money through corruption while he served on the Board
of Directors of Russia's largest oil and gas company is ridiculous. Large corporations select Board members for a number of reasons. And there is no evidence that Hunter Biden committed any corrupt act while on the Board.
The fact that he was paid a lot of money to serve on the Board is not unusual. I am sure that the Board members of WalMart, Amazon, FaceBook, Exxon, and other large companies are paid a lot of money to serve on the Boards.
I think the filings of Trump children that are on Govt. payroll would be much more interesting. Joe couldn't bring it up himself, but it sure would be good "talking points" for any of the Democratic Candidates Maybe it would get T and his enablers off the back of Joe and Hunter.
lapfog_1
(29,205 posts)but generally speaking, you are a person "of note" or with connections... and you get an "honoraium" of a few thousand dollars plus some expenses and attend meetings like twice a year.
Easy gig. Pays decent... some companies can pay 10s of thousands plus stock grants.
qazplm135
(7,447 posts)same thing goes on all over the world and the US, not sure why this particular instance equals Biden's corrupt.
Midnight Writer
(21,769 posts)ooky
(8,924 posts)any evidence.
wasupaloopa
(4,516 posts)Why dont reporters say that to him?
Karadeniz
(22,537 posts)customerserviceguy
(25,183 posts)of minimizing the compensation paid. A lot of people out there would be happy to make $50K a year, let alone a month. If you've got a fast food worker who is lucky enough to be in a place with a $15/hr wage, and works forty hours a week, that's only $30K annually.
Hunter Biden got paid a buttload of money, and there is no gain to be made from minimizing that fact.
friend of m and j
(220 posts)corporations are paid is not a very good comparison and it is not fair to use it to make Hunter Biden look bad or used as evidence of corruption by Hunter.
The fast food worker probably works a lot harder than the Board members the difference in compensation is only evidence of economic disparity in our society. While it may not be fair it is not corruption or wrong doing on the part of the board. It is just the way the world works under a capitalistic system. But which is more valuable to the corporation? The fast food worker or a Board member who has ties and connections world wide? The fact that his connections and ties are the result of him being the son of the VP of the US is irrelevant.
What is relevant and should not be minimized is Joe Biden's history of workers rights.
solara
(3,836 posts)win initial approval from the Chinese government for 16 new trademarks, covering a wide range of products that include voting machines?
The approval for Ivankas trademarks comes three months after she said her personal clothing brand was shutting down and while her father continues to wage a trade war with China. Seems like that might be a little more noteworthy than whatever crap trump & his stooges are trying to dredge up about Biden.
maxsolomon
(33,345 posts)it was Ukraine's largest oil and gas company.
Fix your OP.
Joe941
(2,848 posts)Of course politicians get special deals and treatment. We know that and it not surprising. Its also not illegal.
displacedtexan
(15,696 posts)From Wikipedia:
After graduating from law school, Biden took a position at MBNA America, a major bank holding company which was also a major contributor to his father's political campaigns. By 1998, he had risen to the rank of executive vice president.[2] From 1998 to 2001, he served in the United States Department of Commerce, focusing on ecommerce policy.[14] Biden became a lobbyist in 2001, co-founding the firm of Oldaker, Biden & Belair.[15] According to Adam Entous of The New Yorker, Biden and his father established a relationship in which "Biden wouldn't ask Hunter about his lobbying clients, and Hunter wouldn't tell his father about them."[2] In 2006, Biden and his uncle, James Biden, attempted to buy Paradigm, a hedge-fund group, but the deal fell apart before completion.[2] That same year, Biden was appointed by President George W. Bush to the board of directors of Amtrak; he served on the board of Amtrak from 2006 to 2009.[14]
Later career, 2009present
After his father was elected as vice president in 2008, Biden resigned from his position on the Amtrak board of directors and left his career as a lobbyist.[2] Along with Christopher Heinz, son of Teresa Heinz and stepson of John Kerry, and Devon Archer, Biden founded the investment firm Rosemont Seneca Partners.[15][16]
He also became an attorney with the law firm Boies Schiller Flexner LLP,[2] and founded Eudora Global, a venture capital firm.[13] In 2013, Biden, Archer, and Chinese businessman Jonathan Li founded BHR Partners, a business focused on investing Chinese capital in companies based outside of China.[2] In September 2019, as he was also accusing Biden of malfeasance in Ukraine, President Trump claimed Biden "walk[ed] out of China with $1.5 billion in a fund" and earned "millions" of dollars from the BHR deal, assertions Washington Post and CNN factcheckers found false.
https://en.m.wikipedia.org/wiki/Hunter_Biden
More than qualified to sit on a corporate board, y'all.
MineralMan
(146,317 posts)Please correct your error in the OP.
wiggs
(7,814 posts)what other board members got at Burisma or comparable corporations 3. pundits, journalists, and dems have not done a great job of explaining all this so that it goes away 4. perhaps media doesn't want the controversy to go away
albacore
(2,399 posts)Take the NRA board for example. People get paid for their names...or their perceived connections. Biden's son might fit that description.
https://www.washingtonpost.com/investigations/nra-money-flowed-to-board-members-amid-allegedly-lavish-spending-by-top-officials-and-vendors/2019/06/09/3eafe160-8186-11e9-9a67-a687ca99fb3d_story.html