In November 2025, less than two months before Trump’s operation to take over Venezuela, Singer’s investment firm, Elliott Investment Management, inked a highly fortuitous deal.
It purchased Citgo, the US-based subsidiary of Venezuela’s state-owned oil company, for $5.9 billion—a sale that was forced by a Delaware court after Venezuela defaulted on its bond payments.
The court-appointed special master who forced the sale, Robert Pincus, is a member of the board of directors for the American Israel Public Affairs Committee (AIPAC).
Elliott Management hailed the court order requiring the sale in a press release, saying it was “backed by a group of strategic US energy investors.”
Singer acquired the Citgo’s three massive coastal refineries, 43 oil terminals, and more than 4,000 gas stations at a “major discount” because of its distressed status. Advisers to the court overseeing the sale estimated its value at $11-13 billion, while the Venezuelan government estimated it at $18 billion.
Trying to imagine the outcry if this had been done by a Russian firm on Ukrainian assets or a Chinese court on Taiwanese property.
Is any major US news agency covering this as a story, I wonder?
Trying to imagine the outcry if this had been done by a Russian firm on Ukrainian assets or a Chinese court on Taiwanese property.
Is any major US news agency covering this as a story, I wonder?
That would be casus belli for the entire West to rise up, I guess
My skin crawls just by a mention of the orange turd, and then I read israeli…I have to go shower