Marc Rich

6 Stories

Clinton's 11th-Hour Pardon Dead at 78

Marc Rich, 'King of Commodities' trader, died in Switzerland

(Newser) - Marc Rich, the trader known as the "King of Commodities" whose controversial 2001 pardon by President Bill Clinton just hours before he left office unleashed a political firestorm of criticism in 2001, died today. He was 78. Rich died of a stroke in a hospital in Lucerne, Switzerland, near... More »

Real Reason for Rich Pardon: Israeli Pressure

It's a taboo topic in DC, as evidenced by Holder's hearing

(Newser) - For the sake of a quiet confirmation, attorney general nominee Eric Holder is letting us forget the real reason for Bill Clinton’s controversial Marc Rich pardon. Clinton didn’t let Rich off the hook because of his generous wife, writes Joe Conason in Salon. He did so because of... More »

Former Fugitive Marc Rich Lost With Madoff

Disgraced financier's latest victim is a disgraced financier

(Newser) - Many of Bernard Madoff’s former clients are seeking legal recourse to recover their money, but onetime fugitive Marc Rich likely won’t be among them, Andrew Ross Sorkin writes in the New York Times. Rich, who lost $10 million to $15 million through a third party who invested with... More »

Holder's Nom Raises Ghost of Rich Pardon

AG pick played key—if inadvertent—role in clearing fugitive

(Newser) - Eric Holder has earned a lot of praise in his career, but there’s one glaring blemish on his resume: the pardon of Marc Rich. Critics say Barack Obama’s attorney general pick was the driving force behind the fugitive’s backdoor pardon, while supporters say he’s an innocent... More »

Holder Is 'Sept. 10' Pick for AG

Conservative mag urges GOP to vote against Obama's Justice nominee

(Newser) - Eric Holder is “a conventional, check-the-boxes creature of the Left,” the editors of the National Review write of Barack Obama’s reported choice for Attorney General, and his selection reveals a “September 10 mentality” and a “lack of seriousness about the terrorist threat.” They add,... More »

Obama Taps Holder for AG

DC lawyer, who has accepted post, oversaw VP selection; confirmation looks likely

(Newser) - Eric Holder, a former US Attorney, judge, and deputy attorney general under Bill Clinton, will be Barack Obama’s nominee to head the Justice Department, Newsweek reports. Sources say Holder has been considered for the post from the beginning, and he ran the Democrat’s vice-presidential search along with Caroline... More »

6 Stories