A new TV ad by Keep Conservatives United fills in the details of Bruce VonCannon's business career that he glossed over in his TV ad.
Keep Conservatives United Treasurer Bob Harris stated “In his ad, Mr. VonCannon merely says he worked overseas. Now that he wants voters to trust him as their Congressman, they deserve to know who he worked for overseas, what he did and what he is leaving out”.
“Bruce VonCannon has spent the last 20 years working for wealthy Chinese as their private banker. While China has taken 110,000 North Carolina jobs, Mr. VonCannon has been working for them, not us, “ Harris said. “He's not telling the whole story as he campaigns for Congress so Keep Conservatives United will”.
Keep Conservatives United ad states
Bruce VonCannon wants to be our Congressman
He left for Singapore(#1) – then made it big as an international banker in Hong Kong.(#2)
Working for wealthy Chinese.(#3)
His private Swiss banking group partnered with Chinese trusts that owned stakes in Chinese textiles.(#4)
Our competition… That took our jobs.(#5)
An international banker for the Chinese? Representing us?
Sorry, Bruce. We’d rather have the jobs back…
Paid for and authorized by Keep Conservatives United.
#1 Bruce VonCannon studied at Nanyang University in Singapore in 1976 http://issuu.com/sgcricketclub/docs/0114tpm_janfeb2014_v20140106/50
#2 Bruce VonCannon's Linkedin page says he was CEO of Banque Privee Edmond de Rothschild Hong Kong until August 2013 http://www.linkedin.com/pub/bruce-voncannon/13/379/a6
#3 Bruce VonCannon's bank managed money for wealthy Chinese clients http://www.dryden.ch/Documents/2012%20Switzerland%20Business%20Report%20-%20(English).pdf
#4 The Hong Kong business profile of Banque Privee Edmond de Rothschild identifies them as part of the Swiss based Edmond de Rothschild Group-La Compagnie Financiere Edmond de Rothschild http://www.hkffia.org.hk/members/195-corporate-profile-banque-privee-edmond-de-rothschild-sa
The 2010 Annual Report of La Compagnie Financiere Edmond de Rothschild identifies Banque Privee Edmond de Rothschild as a group member. The ultimate group shareholder is Edmond de Rothschild Holding in Geneva http://www.edmond-de-rothschild.fr/News%20Documents/2010-05-27-edr-en-rapport-annuel.pdf
Credit Suisse Bank says Edmond de Rothschild Group owns 25% of Zhonghai Fund Management which is part of Zhonghai Trust https://doc.research-and-analytics.csfb.com/docView?language=ENG&format=PDF&document_id=954959251&source_id=em&serialid=iAAEKmrUnrSEjAG3588tD7yUWYMQJoVsjWeUmAjgHmQ%3D
China Venture Capital Association confirms the Edmond de Rothschild ownership of Zhonghai http://www.cvca.org.cn/CVCANewsletter/detail.asp?ArticleID=1762&sYear=2011&sMonth=4
Rothschild's partner -Zhonghai Trust- is jointly owned by government controlled China National Offshore Oil Company and government controlled China International Trust and Investment Corporation ( CITIC )http://www.linkedin.com/company/zhonghai-trust
Edmond de Rothschild Group's Zhonghai partner -CITIC -owns stakes in Shenzhen Textile Limited and Union Textiles http://www.reuters.com/finance/stocks/600030.SS/key-developments/article/2719680
One of Rothschild partner Zhonghai Fund's largest holdings is CITIC which owns textile stakes http://www.bloomberg.com/quote/ZHONEEQ:CH
Edmond de Rothschild Group -partner CNOOC owns Shandong Haihua Group which manufactures textile dyeing agents http://www.hhjck.cn/cgi/search-en.cgi?f=introduction_en_1_+company_en_1_&t=introduction_en_1_
#5 Economic Policy Institute found Washington's bad trade deals cost North Carolina 110,000 jobs since 2001-5th hardest hit state http://s4.epi.org/files/2012/bp345-china-growing-trade-deficit-cost.pdf
Alliance for American Manufacturing found that out of 435 Congressional Districts, NC 6 ranked 13th with over 12,000 lost jobs http://americanmanufacturing.org/content/unfair-china-trade-costs-local-jobs