Is Griffin Perry cashing in on his dads cabinet position the way the Trump family does?

Energy Secretary's son launches new oil and gas investment fund.

JOE ROMM APR 26, 2018, 2:58 PM

The Trump Organization and the president’s children have made profiting from his office such standard operating procedure, that the media barely notice when one of his cabinet secretary’s family does something just slightly less scandalous.

But the fact that Energy Secretary Rick Perry’s son launched a new fund last week for wealthy but undisclosed investors to take stakes in oil and gas drilling projects should be raising all kinds of alarm bells. Griffin Perry is a co-founder and managing director of Grey Rock Energy Partners. One of his focus areas is “investor relations.”

On April 19, the Securities and Exchange Commission (SEC) published Grey Rock’s new regulatory filing for Energy Fund III-B (and III-A) — the company’s first funds launched since Griffin’s father became Trump’s Secretary of Energy. Griffin Perry signed the filings as the funds’ manager and ultimate general partner.

Red flags should be flying. This kind of investment fund does not have to disclose to the SEC either the names of the wealthy investors or how much they are investing. Government audits are rare and not made public. This makes “possible conflicts of interest nearly impossible to spot,” as McClatchy revealed Tuesday.

https://thinkprogress.org/griffin-perry-cashing-in-cabinet-position-like-trump-family-54bb16614cbb/

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Back in 2007 when he was Governor of Texas, Perry and his then 23-year-old son both faced accusations of conflict of interest over the Governor’s proposed sale of the Texas Lottery. In February of that year, the Houston Chronicle reported that Griffin Perry “had secured a job at UBS, the investment banking firm that the governor has consulted on the lottery proposal.”

UBS stood to make some $100 million if it brokered the sale — and its vice chairman had a PAC that once gave $610,000 to Perry’s campaign .





The fucking apple does not fall far from the corrupt tree....................


November 2018 cannot get fast enough