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Breaking: Vice President Biden potentially involved in massive Ponzi scheme
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Thursday, April 30, 2009
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From Zero Hedge:

Zero Hedge is always happy to discover something rotten in the state of capital markets. We are even happier when others dig independently and come up with their own startling conclusions. Tonight - we are very happy.

John Hempton, who writes the insightful blog Bronte Capital, has done some amazing dot connecting in what, if true, and not swept promptly under the carpet by the powers that be, could expose a hedge fund scandal that could rival the Madoff fiasco, for the simple reason that it implicates none other than Barak Obama's right hand man: Joe Biden.

The fund in question is Paradigm Capital, a fund of funds, that is controlled by Hunter and James Biden, the VP's son and brother, respectively.

Read full article...

More Ponzi posts:

Madoff got on "hands and knees", dropped his pants while at work

Donald Trump brags about being too smart to fall for Madoff scheme

The latest Madoff: A $1.8 billion hedge fund fraud

Topics: Fraud | Government Stupidity | Boondoggle
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