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Showing posts with label houston. Show all posts
Showing posts with label houston. Show all posts

Tuesday, February 17, 2009

Sir Allan Stanford paid for a Sen Cornyn junket

to Antigua. He also donated significant money to Cornyn's campaign. Will Cornyn be the next casualty of Financial Stanford collapse?

Sir Allen Stanford "It's fun being a Billionaire!"

interview with Sir Allan Stanford last year on CNBC. "1st quarter of 2009 will be a rough time!" perhaps he knew something no one else knew?

Another ponzi scheme takes people by surprise

http://www.chron.com/disp/story.mpl/front/6266846.html

Will people ever learn that if it is too good to be true, that it probably is? Stanford Financial now seized by federal marshals. Unfortunate for the employees, because with frozen assets, how will they make payroll?

Thursday, February 12, 2009

Houston's own Stanford Financial Group Enron 2?

seems like 15% returns on CDs seems a bit high! Didn't Bernie Madoff promise 13% returns? Seems like another collapse in the making. I feel sorry for all the Stanford employees in the Houston,Texas Galleria office.