Reuters: World News: Marc Rich, 'King of Oil' pardoned by Clinton, dies at 78

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Marc Rich, 'King of Oil' pardoned by Clinton, dies at 78 Jun 27th 2013, 00:17 LUCERNE, Switzerland (Reuters) - Billionaire Marc Rich, who invented modern oil trading and was pardoned by President Bill Clinton over tax evasion, racketeering and busting sanctions with Iran, died on Wednesday in Switzerland aged 78.

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