http://tinyurl.com/cfdgpb

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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.
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Another case of the foxes guarding the hen house. 

- Bob


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