In 2013, Hunter’s business associate and Yale buddy Devon Archer emailed Hunter to discuss which corporate vehicle they should use for a new business venture. The partners needed the Rosemont name (Archer and Biden’s company) so they could get “the Biden lift.”
To give you an idea of what kind of swell guy Devon Archer was, just a few years later he was convicted of conspiracy to commit securities fraud and securities fraud —more specifically for “The Fraudulent Issuance And Sale Of More Than $60 Million Of Tribal Bonds.”
Archer and Biden —great guys.
They decided that Rosemont Seneca Partners — jointly owned by Hunter Biden and Archer — would be their corporate vehicle so that Hunter could receive financial benefit, the Biden name could be exploited, and Chris Heinz (John Kerry’s risk-averse stepson) would be excluded.
In the Biden Business Model, the Biden name is all-important —and it wasn’t exactly a well-kept secret, either. In fact, it was world-renowned for its association with access and corruption.
Proven in another email just a few months later.
In December 2014, David Wittig — an aspiring business partner of Hunter Biden’s — sent an email response to Hunter to set up a time to discuss a potential business venture. Wittig, who was in Qatar at the time, mentioned “they love the Biden name here.”
…a phrase dripping of schmooze and sleaze.
Though brief, this simple email exchange exposes the Biden Business Model —leveraging the name to unlock big business deals. It was a central component to Hunter Biden’s business dealings and, by extension, the financial support of his father.
Partners from all over the world, and especially from China, flock to the Biden name, each with their own motives for doing business with the son of the Vice President.
And, as we’ll see, the Vice President, himself.
Eventually, Hunter Biden and business partner Eric Schwerin arranged for a private phone line for then-Vice President Biden at a cost of $190 a month. As Peter Schweizer states in Red-Handed, “It is neither legal for a vice president of the United States to accept gifts from a company, nor is it clear why the vice president of the United States needs an undisclosed means of communication.”
Exactly.
