Rogue Financier Stanford Linked to Fund Run by Bidens

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Rustler

Golden Member
Jan 14, 2004
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"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."

http://www.foxnews.com/story/0,2933,499067,00.html


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I can not understand your commentary on the subject.

I also fail to see how the fund being run by people within the Biden family is corrupt.

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fskimospy

Elite Member
Mar 10, 2006
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So what corruption are you alleging? This is why you need to add your own commentary or have a thread locked.
 

alien42

Lifer
Nov 28, 2004
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corruption, what are you talking about? there is as much to this story as the fact that Vijay Singh signed an exclusive deal with Stanford last month. are you insinuating that Joe Biden was aware of Stanfords scam while no one else was?
 
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