With courts unwilling to interpret the law as affording some defense for charities, there have been efforts to persuade legislators to amend existing laws to provide such a defense. But little has come of these efforts.
An Antiguan American lawyer has given me documents that laid out allegations to the Justice Department five years ago that Stanford was corrupting Antigua officials, and potentially violating the Foreign Corrupt Practices Act.
Reagan is often looked upon as the Republicans' FDR. But Reagan sold the nation a bag of goods. We can finally see clearly the failed results of this three-decade experiment in laissez-faire capitalism.