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Saturday, December 1, 2012

Susan Rice’s Enrichment Program, Cont. | Washington Free Beacon

Susan Rice’s Enrichment Program, Cont. | Washington Free Beacon: "Among the foreign entities in which Rice holds assets is Banco Santander. Santander and its investors lost more than $3.2 billion as a result of Bernie Madoff’s fraudulent Ponzi scheme. It is believed that Santander was aware of the fraudulent nature of Madoff’s scheme and continued to increase its investments anyway. A federal judge ruled that Santander could not be sued under U.S. securities law because, while the suit was filed in the U.S., the fraudulent acts were more readily apparent in Europe."

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