https://www.washingtonpost.com/poli...y.html?postshare=4421453555729326&tid=ss_mail
David Panton is the man that married a Miss World(Lisa Hanna then cheated and impregnated a Miss Universe
Wendy Fitzwilliam)
KINGSTON, Jamaica — The ambitious young men sat for hours at a restaurant here to map out plans for a business venture that could make them millions.
In a group that included three Jamaican entrepreneurs, one participant seemed out of place — a 27-year-old former U.S. Supreme Court law clerk of Cuban descent who was visiting from Washington.
Ted Cruz had been invited by his roommate from Princeton and Harvard Law, David Panton, who was eager for the group to win the rights to manage a new Caribbean-focused investment enterprise launched by one of the island’s most prominent executives.
The idea was modeled after U.S. private equity companies that made fortunes by using investor dollars to remake underperforming companies. The Caribbean concept came with a twist — the investor dollars would be drawn in part from governments, including from the United States, leveraging funds intended to boost the developing world.
It was an odd fit for Cruz, who as early as high school and college expressed a strong belief in limited government. But the plan held potential for big profits. And Cruz was welcomed by Panton’s fellow Jamaican partners as a skilled negotiator well suited to help hone their pitch for managing the new firm.
David Panton is the man that married a Miss World(Lisa Hanna then cheated and impregnated a Miss Universe
Wendy Fitzwilliam)
KINGSTON, Jamaica — The ambitious young men sat for hours at a restaurant here to map out plans for a business venture that could make them millions.
In a group that included three Jamaican entrepreneurs, one participant seemed out of place — a 27-year-old former U.S. Supreme Court law clerk of Cuban descent who was visiting from Washington.
Ted Cruz had been invited by his roommate from Princeton and Harvard Law, David Panton, who was eager for the group to win the rights to manage a new Caribbean-focused investment enterprise launched by one of the island’s most prominent executives.
The idea was modeled after U.S. private equity companies that made fortunes by using investor dollars to remake underperforming companies. The Caribbean concept came with a twist — the investor dollars would be drawn in part from governments, including from the United States, leveraging funds intended to boost the developing world.
It was an odd fit for Cruz, who as early as high school and college expressed a strong belief in limited government. But the plan held potential for big profits. And Cruz was welcomed by Panton’s fellow Jamaican partners as a skilled negotiator well suited to help hone their pitch for managing the new firm.
