The Feed

Gaddafi Too Smart to Invest with Madoff

As hundreds of leaked U.S. diplomatic cables have shown, Libya’s Gadhafi regime is linked in curious ways to some surprising figures — from A-list American celebrities to shady former-Soviet arms manufacturers — but there is one association Gadhafi is likely happy he never made: investment partners with convicted con man Bernie Madoff and alleged fellow Ponzi schemer Allen Stanford.

The head of Libya’s Investment Authority, Mohamed Layas, told U.S. officials in a meeting in January 2010 that the LIA had been approached separately by both Madoff and Stanford about potential investments in the past, but had declined both men, according to a document posted on the website Wikileaks.

Most Popular

National Security & Defense

In Defense of the Iraq War

Today is the 16th anniversary of the invasion of Iraq, and Twitter is alive with condemnations of the conflict -- countered by precious few defenses. Yet I believed the Iraq War was just and proper in 2003, and I still believe that today. When Donald Trump condemned the war during the 2015 primary campaign and ... Read More

The Real Reasons American Evangelicals Support Israel

It never fails. Whenever a Republican president makes a controversial or contentious move to support Israel -- such as moving the American embassy to Jerusalem, or yesterday’s decision to recognize Israeli sovereignty over the Golan Heights -- you’ll see various “explainers” and other stories that purport ... Read More