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Stanford Financial

Denied Bails

Posted 05.25.2011 | Business

NEW YORK: Allen Stanford, the financier accused of running a $7 billion Ponzi scheme, has been denied bail by a federal appeals court. Monday's...

Stanford Provost Discusses 3.5% Tuition Increase

The Stanford Daily | Posted 05.25.2011 | College

Stanford provost John Etchemendy last night defended the recently announced increase in undergraduate tuition and room and board in front of a joint s...

Allen Stanford's Daughter Fights To Keep $1.3 Million Condo

AP | By JEFF CARLTON | Posted 05.25.2011 | Business

DALLAS -- The daughter of jailed Texas businessman R. Allen Stanford must appear in federal court to show why she should not be held in contempt for f...

Former Stanford CFO: Firm Had Blood Oaths, Bribes, Fake Profits

AP | Juan A. Lozano | Posted 05.25.2011 | Business

HOUSTON (AP) -- The former finance chief for jailed Texas financier R. Allen Stanford said his boss created a business empire where blood oaths were t...

Watchdog: SEC Did Its Duty In Stanford Case

AP | MARCY GORDON | Posted 05.25.2011 | Business

WASHINGTON — The Securities and Exchange Commission had been actively investigating the banking business of billionaire R. Allen Stanford for mo...

Judge Says Stanford May Be Freed On Bond

AP | JUAN A. LOZANO | Posted 05.25.2011 | Business

HOUSTON — A federal magistrate judge set bond at $500,000 Thursday for Texas billionaire R. Allen Stanford but delayed her order until Friday to...

Allen Stanford Pleads Not Guilty To Fraud

Ap | Juan A. Lozano | Posted 05.25.2011 | Business

HOUSTON (AP) -- Texas billionaire R. Allen Stanford pleaded not guilty Thursday to charges he swindled investors out of $7 billion as part of a massiv...

Allen Stanford In Chains As He Arrives In Court (VIDEO)

Posted 05.25.2011 | Business

HOUSTON (AP) -- Billionaire R. Allen Stanford arrived at a federal courthouse Thursday wearing handcuffs and leg chains as he faces charges of fraud a...

Allen Stanford, Alledged Ponzi Shemer, To Appear In COurt

AP | DEVLIN BARRETT | Posted 05.25.2011 | Business

WASHINGTON - Texas billionaire R. Allen Stanford, whose sprawling banking empire collapsed this year, was indicted Friday for what prosecutors call a ...

Stanford Financial Auctions Some Assets

AP | TAMARA LUSH | Posted 05.25.2011 | Business

FORT LAUDERDALE, Fla. — Sal Lazzara needed some new office furniture. Thanks to a flamboyant financier's downfall, he found a matching set with ...

A Tax Lawyer Explains Tax Havens

Hale "Bonddad" Stewart | Posted 05.25.2011 | Business

The banking secrecy issue is incredibly important to the G-20 nations. What they need is a way to obtain compliance with their domestic anti-avoidance laws -- laws meant to prevent tax evasion.

James Davis, Stanford CFO, Cooperating With Investigators

AP | Posted 05.25.2011 | Business

DALLAS — The chief financial officer of the troubled companies owned by Texas billionaire R. Allen Stanford has promised full cooperation with f...

Antiguan On Life After Allen Stanford

Huffington Post | Carrie Crotty | Posted 05.25.2011 | Business

Yesterday, Antiguans voted in one of their most contentious elections in years. Allen Stanford, who allegedly ran an $8 billion ponzi scheme, was clos...

Jason Linkins

Uncovered: Houston Chronicle Ran Alarming Stanford Expose In 2000 | Jason Linkins | Posted 05.25.2011 | Media

Rolling up Stanford Financial would have been an excellent, and subtle way of noting that times have changed. As usual though, reality isn't that simple.

Stanford, Madoff Scandals Show Need for Campaign Finance Reform

Duncan Quirk | Posted 05.25.2011 | Politics
Duncan Quirk

Senators and Representatives are elected to represent their constituents, so why should Madoff and Stanford and others be allowed to donate to campaigns for which they are not constituents?

The Poor Victims of "Sir" Robert Allen Stanford—Really?

David Bourgeois | Posted 05.25.2011 | Business
David Bourgeois

The saps were lured into this Ponzi scheme with the elixir of unrealistic riches; their thirst for off-the-charts financial gains blinded them to the obvious scam going on right under their noses.

Allen Stanford's Yacht, Private Jet And Other Toys

Clusterstock | Jay Yarow | Posted 05.25.2011 | Business

The busted financier Sir Allen Stanford had a net worth over $2 billion according to a Florida paternity lawsuit and a Texas divorce lawsuit. How did...

Allen Stanford Found In Virginia

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

R. Allen Stanford, the Texas billionaire who has been on the lam since the SEC charged him for fraud on Tuesday, has been found in Virginia. MSNBC is...

Allen Stanford Victims Speak Out

Huffington Post | Julie Satow | Posted 05.25.2011 | Business

CBS' Harry Smith spoke with a Mark Tidwell, a former vice president at Stanford Financial, who is suing the company for wrongful termination. Tidwel...

Into the Economic Abyss

AP | RACHEL BECK and ERIN McCLAM | Posted 05.25.2011 | Business

NEW YORK — For months, Americans have been subjected to a sort of economic water torture _ a maddening drip of bad news about jobs, gas prices, ...

White House Works To Resurrect Economy

AP | TERENCE HUNT | Posted 05.25.2011 | Business

WASHINGTON — Jolted by global recession fears, the Federal Reserve slashed interest rates Tuesday, and President Bush and leaders of Congress jo...

US Moves to Avert Economic Meltdown

AP | TERENCE HUNT | Posted 05.25.2011 | Business

WASHINGTON — Jolted by global recession fears, the Federal Reserve slashed interest rates Tuesday, and President Bush and leaders of Congress jo...