Breitbart Bankroller Bob Mercer Selling Stake in Company, Lambasts Milo in Parting Letter
“During the past year, I have been the object of a great deal of scrutiny from the press”
Long-time financier of Breitbart news, Bob Mercer is selling his stake in the media company to his daughters. Additionally, Mercer is also stepping down from his post as co-CEO of the hedge fund he managed.
Since being thrust into the spotlight for bankrolling Breitbart News, Mercer’s hedge fund has been attacked:
???? NEW ACTION: Robert Mercer is funding bigotry. Institutions are investing in him. Let’s contact them. Read this: https://t.co/H7gsObtzG5
— Sleeping Giants (@slpng_giants) October 23, 2017
Business Insider reported:
Hedge-fund billionaire and major conservative donor Robert Mercer is stepping down from his position as co-CEO of Renaissance Technologies, he said Thursday.
In a letter to employees obtained by Business Insider, Mercer said he had become an object of press scrutiny in the past year, referencing his activity as a major conservative donor. The hedge-fund founder had previously stayed mum about his political beliefs.
“During the past year, I have been the object of a great deal of scrutiny from the press,” he wrote. “I have declined to comment on what has been written about me, imagining that with time the attention would dissipate. Because that has yet to happen, I have decided to correct some of the misinformation that has been published about me. It is not my intention to impose the views I describe below on anyone else.”
In addition to leaving his position at Rentech, Mercer announced in the letter that he will also sell his stake in the far-right news website Breitbart News to his daughters — including Rebekah Mercer, a major Republican donor who served on the executive committee of President Donald Trump’s transition team.
In addition to leaving his position at Rentech, Mercer announced in the letter that he will also sell his stake in the far-right news website Breitbart News to his daughters — including Rebekah Mercer, a major Republican donor who served on the executive committee of President Donald Trump’s transition team.
Mercer did not give a reason for his departure. But in the letter, he sought to distance himself from some polarizing figures with whom he has become associated, including former White House chief strategist Steve Bannon, who now again heads Breitbart, and the right-wing provocateur Milo Yiannopoulous.
In his letter, Mercer lambasted Milo Yiannopoulous, former Breitbart News editor and alt-right champion. Yiannopoulous quit the news company in February and has struggled to provoke his way back into the public eye after comments he made about pederasty.
Bob Mercer stabbing Milo Yiannopoulos to death in public view, in the town square, is some powerful karma in action. pic.twitter.com/pdPtugZoJB
— Jeff B back in black (@EsotericCD) November 2, 2017
Buzzfeed is taking credit for this scalp.
Follow Kemberlee on Twitter @kemberleekaye
DONATE
Donations tax deductible
to the full extent allowed by law.
Comments
Yes, Mercer supports Milo and his efforts to point out hypocrisy and push for open debate, especially on Campus; he just wishes Milo could be just as successful utilizing tools and techniques that adheres to the reserved mannerisms that have always failed in the past.
Q: Why can’t Milo put up the same front as Sen. John McCain or do battle as Fmr. Gov Romney?
A: Because Milo wants to win!
Milo is better than this chump. Milo fights fire with fire…he’ll never rise in politics because of it and rightfully shouldn’t, but the right does need people like him to throw back the middens heaped over by the left.
He’s 71, and he has daughters capable of managing the properties.
Anybody who has bothered to read Breitbart knows that neither the site nor Bannon is bigoted. Neither is DJT, nor the coalition that voted him into office. Indeed, DJT was a civil rights icon before he ran for the office of President as a Republican, and he got wild applause for publicly accepting the support of LBGT Americans.
It is cheering to me to watch the tactic of the Big Lie be upended due to the mere availability of laptops and cell phones.
Next up will be the decisions about dealing with private social media companies that engage in blatant political discrimination against their customers.
Tangential, but highly relevant:
Snort. Giggle. Bwahhahahahahahah. The kiddies are at it, again.
http://www.popnewsmagazine.com/4chan-launches-its-ok-to-be-white-campaign-causing-mass-outrage-worldwide/
It’s scary, actually:
“Last week we covered the story of a formal Police investigation being launched over the alleged hate crime that recently occurred at Boston College. A crime that was nothing more than the placement of a single poster on campus with the words “Don’t apologize for being white.”
It needs some alliteration. Along the lines of the old Black is Beautiful.
How ’bout White is Wonderful?
Just imagine the ‘splodie heads over that.
I hate the way being White is looked at as being a hate crime
I’m White and I am proud to be
This is not going to end well, there will be race riots and there will be hundreds of thousands of deaths.
It is coming to lock and load time and I don’t own a gun, looks like for protection I will have to get a license to carry.
Never in my wildest dreams…
“has struggled to provoke his way back into the public eye”
Pardon me, I just rolled my eyes so hard one fell out.
He complains that the press is giving a lot of negative coverage. This is a huge mistake, it only encourages them.