"Mr." Allen Stanford

Mr. R. Alan Stanford will have to get used to the fact he is no longer "Sir Alan Stanford". The imprisoned
financier has lost his title after Governor General of Antigua and Barbuda, Dame Louise lake Tack signed the order revoking his knighthood this week.
Attorney General Justin Simon confirmed that notice of the revocation will be sent to Mr. Stanford as he is required to return the insignia.
Stanford was knighted in 2006 , having been nominated by the ALP, Antigua's opposition party, a move
deemed controversial with current Prime Minister Baldwin Spencer. The Prime Minister refused to congratulate Mr. Stanford at the ceremonies. Later that day he remarked that the move was "unfortunate"
Feelings on the island are mixed, some thinking the move is a bit premature since the ponzi-scheme accused has not even been to trial as yet. Others , like the Prime Minister, feel it never should have been awarded.
Undoubtedly, the fallout from the imprisoned Mr. Stanford's legal battles has had serious repercussions for the small twin-island state. A thousand jobs were lost and the economy took a massive hit from loss of tax revenue and irate Stanford investors are calling for Antigua and Barbuda to be blacklisted with a guilt-by-association charge. Mr. Stanford remains incarcerated in Texas while he awaits his trial date sometime in January 2010.