Tag Allen Stanford

Stanford CIO arrested

WSJ home page headline (no link yet) Stanford chief investment officer Laura Pendergest-Holt has been arrested and charged with obstruction in SEC investigation. She’s been thought to be the one most likely to sing. This might well be meant to…

Stanford, Madoff, the SEC

Doug Henwood Apparently the SEC has known that something was fishy with Stanford for years. The same with Madoff before him. Yet they did nothing. Was this corruption? Bribery? Self-censorship? Complacency? Probably all of them. But this is a society…

Stanford’s newspaper in Antigua

Newspaper veteran HG Helps tells of his days working for Stanford’s newspaper in Antigua. First off, no one in Antigua liked Stanford, something Helps originally thought odd. “Stanford go on like a he own Antigua. He want everything and the…

It’s beginning to sound a lot like Madoff

As the investigators dug deeper into Stanford’s operations, they faced roadblocks. They were told by bank employees that they didn’t have jurisdiction to access records of the bank and couldn’t see relevant documents, according to court records. Madoff also refused…