February 25, 2009
Freedom Watch, the public interest group that investigates and prosecutes government corruption, to promote and protect freedom announced today that it has filed a FOIA request with the SEC regarding the business ties between disgraced CEO Allen Stanford’s firm Stanford Financial Group, and Paradigm Global Advisors, a hedge fund management firm run by Joe Biden’s brother and son. It was recently announced that the two firms co-managed a fund of approximately $50 million dollars, known as the Paradigm Stanford Capital Management Core Alternative Fund. See www.freedomwatchusa.org for FOIA request.