Were was anyone, asking anything, over the last 15 years? Wow. I am blown away by the shit people pulled and got away with. This guy is toast, but like Madoff, look at all the people he took down with him, all while he built his client base and personal billions playing golf with presidents and the heads of the SEC and G_d know's whoever else in government.
Again, I am not surprised by any of this. There will be more of these Madoff's that turn up eventually. Surprised that there aren't more like this outside of America. I would be worried about the Euro block. They seem to be very slow reacting to this global recessio.
As an ignorant liberal you obviously expect the government to take care of everything and catch every criminal among the 305,000,000 people living in the U.S. What a shock, a liberal looking to the government for help. Pathetic. A more educated and thinking individual would conclude that "common sense" would put 99% of would be scammers, ponzi schemers, and charlatans out of business leaving the government to take care of more important matters (like paying your section 8 housing and food stamps, moron).
http://money.cnn.com/2009/02/19/news/newsmakers/stanford/index.htm?postversion=2009021920 They found Stanford in Virginia. My question is why wouldn't they arrest him? The guy "allegedly" stole billions and all they do is "serve him papers"?
Check this out! It would be super funny, if it weren't quite so sad... 'World Finance' named Allen Stanford 'Man of the Year' in December. http://www.worldfinance.com/news/home/magazinearticles/article488.html
In this "show me the money" world, do you think the young people will decide it's better to strive to become a Bernie Madoff rather than 'Lil Wayne?
this is just going to add fuel to the fire in the let wallstreet pay for this bill that wants to tax each transaction