Reuters: [Wealthy] Venezuelans, with billions at Stanford, want money

[jordi_fanclub]

Source: Reuters

CARACAS (Reuters) - Venezuelans have about $2.5 billion invested in Stanford International Bank, an official said on Wednesday, as hundreds of investors besieged its local offices after U.S. authorities charged the company with fraud.

An estimated one-third of the money invested in Stanford International Bank is Venezuelan, the national banking regulator said. Worried clients packed into the bank's offices in Caracas, trying fruitlessly to withdraw investments.
...
Despite the scale of the Venezuelan investments the fallout on the wider economy is expected to be minimal because the money was held offshore.

Wealthy Venezuelans often keep their money overseas for fear of political instability under socialist President Hugo Chavez.

Read more: http://uk.reuters.com/article/burningIssues/idUKTRE51H5JZ20090218

---

Even agnostic sometimes I really believe that God must have a big sense of humour... :)