Posted on 02/24/2009 4:23:43 AM PST by Scanian
A fund of hedge funds run by two members of Vice President Joe Biden's family was marketed exclusively by companies controlled by Texas financier R. Allen Stanford, who is facing Securities and Exchange Commission accusations of engaging in an $8 billion fraud.
The $50 million fund was jointly branded between the Bidens' Paradigm Global Advisors LLC and a Stanford Financial Group entity and was known as the Paradigm Stanford Capital Management Core Alternative Fund. Stanford-related companies marketed the fund to investors and also invested about $2.7 million of their own money in the fund, according to a lawyer for Paradigm. Paradigm Global Advisors is owned through a holding company by the vice president's son, Hunter, and Joe Biden's brother, James.
(Excerpt) Read more at foxnews.com ...
And some British/European reports. Go figger, eh?
Note to the American MSM: Won't help :)
If this had been Dick Cheney instead of Biden, the MSM would be breaking in to the soap opras with hourly updates, and report of how Cheney was expected to be served with a subpeona in 24 Business Hours...
Not MENSA candidates, are they?
I’m tired of a corrupt society run by Democrats and their fellow Democrats in the news media.
McKinsey & Co previously....”consultant”
“
nation |
11/4/2006 1:39 PM ET
Chelsea Clinton joins hedge fund
Chelsea Clinton has started working for Avenue Capital Group, a hedge fund that manages about $12 billion in assets, the agency that represents Clinton confirmed Saturday. Clinton, 26, had been working as a consultant for McKinsey & Co. since 2003, reportedly for a six-figure salary.
(I was thinking about Mena etc wrt Allen/Stanford saga cartel stories...)
Who cares about this Biden story! The GOP VP nominee’s daughter’s boyfriends mother broke the law!!!
/s
earlier and later threads
keywords..
corruption .. cultureofcorruption
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Stanford firm marketed Biden family-run fund (massive fraud getting traction)
http://www.freerepublic.com/focus/f-news/2192865/posts
Tuesday, February 24, 2009 8:41:03 AM · by jessduntno · 12 replies · 328+ views
Houston Chronicle ^ | Today
Billionaire R. Allen Stanford, accused of masterminding a massive fraud through his Stanford Group Co., marketed a fund run by members of U.S. Vice President Joe Bidens family, according to a Web site. The Paradigm/SCM Core Alternative Fund, a combination of a fund run by the Biden familys Paradigm Global Advisors LLC and a Stanford Capital Management entity, was marketed by the Stanford Trust Co., another of Stanfords units, according to the companys Web site. The Wall Street Journal earlier reported the links between Stanfords company and the fund overseen by the Bidens. Paradigm Global Advisors is run by Bidens..
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Stanford had links to fund run by Bidens: report
http://www.freerepublic.com/focus/f-news/2192622/posts
Monday, February 23, 2009 10:04:01 PM · by NormsRevenge · 5 replies · 431+ views
Reuters on Yahoo ^ | 2/23/09 | Ajay Kamalakaran
(Reuters) A fund of hedge funds run by two members of U.S. Vice President Joe Biden’s family was marketed exclusively by firms controlled by Texas financier Allen Stanford, charged by regulators with an $8 billion fraud, the Wall Street Journal said. The $50 million fund was jointly branded between the Bidens’ Paradigm Global Advisors LLC and a Stanford Financial Group entity, and was known as the Paradigm Stanford Capital Management Core Alternative Fund, the paper said. Stanford-related companies marketed the fund to investors and also invested about $2.7 million of their own money in the fund, the paper said,...
The entire Democrat political establishment is corrupt. They get where they are by spending our money.
And not paying taxes.
As Dashole said, “tax cheats hurt everyone”.
This was before we found out HE WAS ONE, just like all Zero’s cabinet picks.
[/sarc]
Bada-BINGO! How long before the enemies list get's concrete overshoes, sporting "Columbian neckties?" Friends of Bill morphs into Friends of Barack with checks still cut by the same sources?
Gawd, she’s ugly.
Yes, Obama would be delighted to get rid of Biden. He was just useful for the ticket in November.
Thats so true.
Imagine of this was a republican?
Keith Oberman would be so excited his desk would have to be sanitized after the show.
“Good grief! And Biden is in charge of overseeing the stimulus?”
My thoughts EXACTLY............
Antiguans Scramble to Withdraw Savings From Bank Embroiled in Tycoon’s Alleged Fraud
http://www.foxnews.com/story/0,2933,496285,00.html
And Joe Biden is a hair-plug away from becoming the President of the US.
Enough to want to create another Munch’s “The Scream” painting, i.e. “The Scream - Part II”, coming to a political art gallery soon.
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