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Reason
Reason
Matt Welch

The Most Corrupt Presidency in American History, by the Numbers

Ask historians or laymen to name the most blatantly corrupt pardon over the first 230 years or so of American presidenting, and most will likely arrive at the same answer: Marc Rich.

Rich, a multiple-passport-holding, proudly amoral oil trader who specialized in sanctions-circumventing commerce with the likes of Nicolae Ceaușescu and Ayatollah Ruhollah Khomeini, fled to Switzerland in 1983 rather than face a potential life sentence and $1.6 million in fines on 65 counts of wire fraud, trading with the enemy, and tax evasion. (It was the biggest tax evasion case to date in U.S. history, at $48 million—around $150 million today.) Yet Bill Clinton, in the final minutes of his presidency, gifted Rich a midnight pardon.

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