New York Times: As Others Fled Venezuela, Stanford Saw a Chance

“They had this beautiful new building, and clients of mine would come in and tell us they were transferring their assets to Stanford because they were promised returns of 14 percent,” said Russell M. Dallen Jr., who ran Oppenheimer’s operations in Caracas before going to BBO, a Venezuelan investment bank, where he oversees capital markets activities.

http://www.nytimes.com/2009/02/19/business/worldbusiness/19invest.html

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