"Sir" Alan Stanford is sick, lonely and broke
his trial is getting ready to start on Monday:
http://news.yahoo.com/broke-sick-lonely-stanford-heads-court-122429573.html
He certainly had a good run for the money for many years - all at the expense of others. So many of his victims, although not wearing prison garb and eating peanut butter on stale bread (!) are likewise sick and broke but hopefully not as lonely as he.
A delightful article - thanks for posting it Beeski!
GOOD!
the "we did nothing wrong" defense
as the late, great Robert Palmer said
"she's so fine, there's no telling where the money went"
http://www.ft.com/cms/s/0/995b8b0e-46e3-11e1-85e2-00144feabdc0.html#axzz1kSwSEbtv
http://www.ft.com/cms/s/0/995b8b0e-46e3-11e1-85e2-00144feabdc0.html#axzz1kSwSEbtv
It appears your link is subscription only.
alas, it went to subscription land.
Let's try the Washington Post version:
http://www.washingtonpost.com/business/stanford-told-lie-after-lie-to-investors-us-prosecutor-says/2012/01/25/gIQAcA8FQQ_story.html
ahhhh....the good old days of multiple private jets on the Rohlsen tarmac.....my favorte paragraphs:
Stanford also “waved his magic wand” to increase the value of an unimproved island property from $63 million to $3 billion during the worst economic downturn since the Great Depression, according to the prosecutor.
The financier is accused of bribing his now-dead auditor and an Antiguan banking regulator who received cash, National Football League Super Bowl championship tickets and use of Stanford’s private jets.
With any luck, Sanford's illness will be long and painful, just like the fallout from his egregious misdeeds will be for his victims.
Alan Stanford's saga in pictures:
http://www.businessinsider.com/the-once-fabulous-life-and-saga-of-alleged-ponzi-schemer-allen-stanford-2012-1?op=1
They left out before and after pics of the Kaiser Estate on Recovery Hill.....4 beautiful homes, tennis courts, gardens....all gone...even the slabs.
"He had to change prisons in late 2009, after a jail fight left him severely injured."
Looks like they whooped him pretty good!
R. Allen Stanford lost the "Sir" in 2010.
KNIGHT NO MORE: Antigua revokes Stanford's honour http://www.cananews.net/news/131/ARTICLE/48038/2010-04-04.html
Jury convicts Stanford in $7 billion Ponzi scheme
Former financier faces up to 20 years in prison, but could serve much longer
http://www.msnbc.msn.com/id/46642425/ns/business-us_business/#.T1b-jXtKitI
110 years in the slammer for big Al
http://www.nytimes.com/2012/06/15/business/stanford-sentenced-to-110-years-in-jail-in-fraud-case.html
I like the no remorse part.
And in other news, Dawn Prosser is up for a retrial in that ongoing VI rape saga:
I wonder what happens to the Kaiser Property that he destroyed?
I wonder what happens to the Kaiser Property that he destroyed?
It will eventually be auctioned off as part of his personal bankruptcy asset sale.
Stanford Eagle business assets have already been auctioned off.
The tragedy of the destruction of the Kaiser Estates 3 beautiful houses, tennis courts, caretakers house, with even the slabs removed....what kind of a jackass would do such a thing?
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