Robert Mercer Sells Share In Breitbart To Daughters, Distances Himself From Bannon And Milo
ALLAHPUNDITPosted at 2:41 pm on November 2, 2017
Poof, there goes Bannon's money to defeat Republican Senators who've all voted for Trumpov initiatives. On behalf of Trumpov of course.
Verrrrry curious, especially with Bannon gearing up to shovel Mercer money at a raft of populist primary challengers next spring. Is that still happening? If Robert’s daughter, Rebekah Mercer, is still gung ho then presumably it is.
To be clear, Mercer’s putting much more distance between himself and Yiannopoulos than he is between himself and Bannon. Still, a remarkable turn given how successful the Mercer/Bannon relationship has been. How many bigshot donors can say that their money funded an online political juggernaut and then was parlayed into getting a longshot candidate elected president?
He's really embarrassed at supporting Milo.
That’s from a surprise resignation letter he sent to staff at his hedge fund, Renaissance Technologies. He’s out of the investment business, out of the Breitbart business, and out of the Milo business in one fell swoop. Huh. What gives?
Could he have been forced out at Renaissance? Here’s an interesting tweet:
J oe Bernstein
?@Bernstein
Ive heard from sources of significant anger within Renaissance about Mercer. This is likely aimed at mitigating that t.co
Joe Bernstein is no random media person in this case. He wrote the BuzzFeed piece published on October 5, “Here’s How Breitbart And Milo Smuggled Nazi and White Nationalist Ideas Into The Mainstream.” Somehow Bernstein got hold of some of Yiannopoulos’s private correspondence, which included, among other things, email exchanges with white nationalist figures advising him on a long piece he wrote for Breitbart about the alt-right. The Mercers figured prominently in the piece as patrons of Breitbart and Milo. It’s possible that the piece caused such discomfort within RenTech that Mercer felt he had no choice but to leave. That would explain the otherwise apparently gratuitous references to Bannon and Yiannopoulos in a letter to employees of a wholly unrelated firm. He may have come under such intense heat inside the hedge fund for his Breitbart connections that he felt obliged to say something about them in parting.
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