Rogue Financier Stanford Linked to Fund Run by Bidens

Foxnews.com ^ | February 23, 2009 | The Wall Street Journal

[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.

[Oberon]

Oh, holy smokes... this administration is in it up to their pencil-thin mustaches!

[TheWasteLand]

Veeerrry interesting.

[shoutingandpointing]

I am lost here. I mean, this is problem how? (/SARC!)

[Steely Tom]

Nothing will come of this.

[mort56]

Nothing will come of this.

You are perhaps correct, but it will add to the veneer of sleaze that appears to be enveloping this administration.

[EBH]

OK. It is time, way past time, to start muckraking this whole “new” administration.

From tax cheats to this stuff...

Bail-outs my sorry *ss. These people are just trying to protect their own fortunes at the Peoples expense.

Now follow the rest of the story:
http://www.foxnews.com/story/0,2933,496285,00.html

[padre35]

I’m shocked..../s

The Biden’s lawyer’s statement was funny, “no contact between...full stop..” and the lawyer would know this how?

[scooby321]

I thought the Biden’s were just Government servants?

[Dixie Yooper]

This Stanford guy will have to be swept under the carpet before Obama’s bus runs him over... “There nothing to see here, move along”

[browniexyz]

I finally understand why Obama picked Biden—and it isn’t because Biden’s son is the prosecutor who has Larry Sinclair in jail, is it?

[bestintxas]

Alway, always, always follow the money........

[tiredoflaundry]

Haliburton...

[tiredoflaundry]

whoa !

[Rippin]

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

---

That’s a pretty stong link isn’t it?

[cookcounty]

And the "press" flat-out refused to to explore the Biden family's intense lobbying interests despite Obama's frequent anti-lobbyist rhetoric.

What cheap whores.

[cookcounty]

Maybe Joe Biden didn’t want to contribute more than $370 a year to charity because he felt guilty about contributing dirty money?

[RushIsMyTeddyBear]

Say it ain’t so, Joe! LMAO!

[Unicorn]

BTTT Big time.

[Boiling Pots]

It’s only a problem if they’re related to a GOP politician.