May 27, 2021
So Hunter Biden took a big pay cut from Burisma after 'The Big Guy' lost office...
By Monica Showalter
Among the Bidens, coincidences abound.
So sure enough, the New York Post, in its daily journalistic diggings, found this beaut from deep inside the bowels of Hunter Biden's abandoned laptop computer.
The Ukrainian energy company that was paying President Biden’s son Hunter $1 million a year cut his monthly compensation in half two months after his father ceased to be vice president.
From May 2014, Burisma Holdings Ltd. was paying Hunter $83,333 a month to sit on its board, invoices on his abandoned laptop show.
But in an email on March 19, 2017, Burisma executive Vadym Pozharskyi asked Hunter to sign a new director’s agreement and informed him “the only thing that was amended is the compensation rate.”
“We are very much interested in working closely together, and the remuneration is still the highest in the company and higher than the standard director’s monthly fees. I am sure you will find it both fair and reasonable.”
After the email, the amount listed on Hunter’s monthly Burisma invoices was reduced to $41,500, effective from May 2017.
Gee. Joe in office? The money flows. Joe out of office? Much less cash to be paid. Funny how that happens.
And no, this wasn't based on some oil or natural gas bust going on in Europe, energy prices being volatile things that can affect profits of companies. Nope, prices of natural gas imports in Europe were largely flat at the time (see the second chart on the 'interactive' tab), meaning Burisma's profits were likely steady at the time. Burisma is a secretive private company run by Ukrainian oligarchs, so there are no books to look at to check to see if profits were down and everyone had to have a pay cut. In 2017, Burisma was actually expanding operations, which doesn't happen to companies that are losing money, so it's unlikely that that pay cut was based on market conditions.
more
https://www.americanthinker.com/blog/2021/05/so_hunter_biden_took_a_big_pay_cut_from_burisma_after_the_big_guy_lost_office.html
