The Bidens Concede Do CNN and NBC still want to defend the family business model? By James Freeman
https://www.wsj.com/articles/the-bidens-concede-11571078740
Not even the Biden family seems willing to stand behind their questionable financial arrangements. A business associate in Shanghai doesn’t seem to have an explanation yet, either. Are the bitter-enders at CNN and NBC News finally ready to stop defending the indefensible?
Last week this column noted that former Vice President Joe Biden once again declined to offer a defense of his family’s business model even in an op-ed ostensibly responding to attacks on this model. Over the weekend, his son Hunter Biden quit another of the overseas engagements for which he seemed eminently unqualified.
The Journal’s Ken Thomas and Thomas Grove noted on Sunday:
Hunter Biden is stepping down from a director’s position at a Chinese private-equity firm and said he wouldn’t serve on any foreign boards if his father, Joe Biden, is elected president, lowering his controversial business profile as it becomes embroiled in the 2020 election and Democrats’ efforts to impeach President Trump.
…The former vice president’s son, 49 years old, served on the board of Ukrainian natural-gas company Burisma Holdings Ltd. while his father oversaw U.S. policy on Ukraine as vice president. Hunter Biden stepped down from the Burisma board in April. The younger Biden remained a director of BHR (Shanghai) Equity Investment Fund Management Co., a Chinese investment firm, where Mr. Trump also alleges inappropriate conduct by the Bidens. Hunter Biden said Sunday he would remove himself from the firm’s board on Oct. 31. CONTINUE AT SITE
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