X-Nico

unusual facts about Marc Rich


International Emergency Economic Powers Act

In 1983, financier Marc Rich was accused of violating the act by trading in Iranian oil during the Iran hostage crisis.


Ivan Glasenberg

In 2005, BusinessWeek referred to Glasenberg as a key figure in the secretive oil-trading inner circle of Marc Rich, a billionaire commodities trader charged with tax evasion and illegal deals with Iran and later pardoned by US President, Bill Clinton.


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