Wednesday, December 25, 2019

The Wine That Was Served at the Buttigieg’s Wine Cave Dinner

 2016 Kathyrn Hall Cabernet Sauvignon
I'm told that the so-called "wine cave" fundraising dinner that took place for Democratic presidential candidate Pete Buttigieg, and that Elizabeth Warren made a stink about at the last debate, was held in Napa Valley at the home of winemaker Kathryn Hall.

The wine served was the 2016 Kathyrn Hall Cabernet Sauvignon.

It goes for $185 a bottle.

Here is Hall in a 2016 video introducing the wine:

For the record, Hall is a serious West Coast elitist.

She was an assistant city attorney in Berkeley, Calif.

In 1997 she was appointed U.S. Ambassador to Austria by President Bill Clinton and served in the role until summer 2001.

In September 2001, during the George H.W. Bush administration, she was appointed to the United States Department of Agriculture’s Agricultural Technical Advisory Committee for International Trade.

She earned a B.A. in Economics from the University of California, Berkeley, a joint MBA from UC California, Berkeley & Columbia University and a J.D. from the University of California, Hastings College of Law.

Her husband, Craig Hall, was the chairman and founder of the Hall Group at the time of the savings and loan crisis in the 1980s.

AP informs:
Risky investments by Craig Hall, the chairman and founder of the Hall Group, during the savings and loan meltdown in the 1980s culminated in an over $300 million federal bailout and the resignation of House Speaker Jim Wright of Texas, a Democrat he turned to for help.

Federal regulators had been zeroing in on a series of Hall’s unpaid loans. To push back, the developer and bank operator turned to Wright, who was then ascending in the House leadership, to get them to back off, the AP reported at the time.

Wright held up legislation that would have given the struggling industry a $15 billion lifeline and told federal officials they had a “choice.” A few days later, the regulator overseeing some of Hall’s loans was replaced and the legislation moved forward.

Taxpayers eventually covered the cost of Hall’s default while the developer’s outreach to Wright played a central role in a congressional ethics investigation that toppled him from the speaker’s office in 1989.

In 1993, the year Craig and Kathryn Hall were married, he agreed to pay a $100 million settlement and moved on.

So rather than having concern about the price of the bottles of wine served at the "cave," I am curious as to what the cavewoman and her husband expect if the unlikely occurs and Buttigieg is elected president.


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