Friday, November 30, 2012

Susan Rice Invests In Companies Doing Business In Iran

Yesterday, The Washington Post reports that Susan Rice has investments with companies that do business in Iran, raising questions among both Republicans and Democrats. According to her 2011 Public Financial Disclosure Report, Susan Rice and her husband have investments in multiple companies which conducted business in Iran. Even Democrats acknowledge her investments would be an issue should she be nominated for Secretary of State.
Rice Holds Between $50,000 And $100,000 Of Stock In The International Oil Giant Royal Dutch Shell Which “Owes Iran About $1 Billion.“One of the biggest of the holdings, between $50,000 and $100,000, according to Rice’s disclosure statement for 2011, is Royal Dutch Shell. The international oil giant stopped buying crude oil from Iran early this year as sanctions were tightened to block oil exports by Iran and to stop financial transactions with its central bank. A company spokesman said officials dealing with Iran could not be reached, but a person familiar with the company, speaking on the condition of anonymity because of a lack of authorization to discuss the topic, said Royal Dutch Shell owes Iran about $1 billion.  
Even Democrats Question Rice’s Investments
Thursday, Republicans on Capitol Hill began circulating information about Rice’s investments connected to Iran. Asked about the disclosure revelations, one senior GOP official, speaking on the condition of anonymity because he wasn’t authorized to discuss the topic, said, ‘This news adds to the list of questions about Susan Rice - not only her public statements, but now there are broader concerns about her past record.’ Democratic staffers also said on condition of anonymity for the same reason that the investments would prompt questions of her if she is nominated.” 
h/t Talk Straight

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