Stanford Indicted for Alleged Ponzi Scheme

Texas billionaire R. Allen Stanford, whose sprawling banking empire collapsed this year, has been indicted for what prosecutors say is a $7 billion scheme to defraud investors. (June 19)

Category:

News & Politics

Tags:

• stanford
• surrenders
• indicted
• alleged
• ponzi
• scheme

[externalpower]

hes not the only texas billionaire that should do time.

[intolerantape]

OK, now how bout the Federal Reserve?

[chipsandcookies]

And they wonder why the economy is so fucked. The mistake of allowing outsiders to manage our assets is something that we have no control over. Who knows how much money the Rotchilds have siphoned out of this country. At some point we may be forced to overthrow our government and put people in power who will not accept buyouts and such.

[michaelwright999]

Ehh you mean ?

[Squirelbutt]

Nope.. Stealing it back then hangin them is.. :D

[Paolo7219]

Is Sean Hannity, R Alan Stanford's close personal friend, ALSO indicted? Too bad Stanford got indicted in Texas, The Enron State. I was hoping for a fair and honest trial. Stanford will probably get convicted, then serve 6 months in some country club-style "prison". And Stanford will only serve THAT sentence so a prosecutor in a more reputable state (49 others to choose from) can't prosecute Stanford--double jeopardy concept and all.

[njattack]

Each to own goody two-shoes.

[xxxFaustusxxx]

"(of which I am one of them)"

I see. You must be the big Kahuna who dictates what is justice and what is not justice. Amen.

This isn't the middle ages - the U.S isn't going to hang people for stealing money. Only an immoral human being would advocate such a thing

[njattack]

I see. You must be the big Kahuna who dictates what is justice and what is not justice. Amen.

Anyway, I'll let democracy run it's course. If the majority of American people want the money stealing racketeers hanged (of which I am one of them) then these felonous money stealing racketeers will be hanged.

Democracy, the rule of law in the U.S.

[xxxFaustusxxx]

Hanging someone for stealing money is not justice.

[njattack]

You do the crime you do the time. Unfortunately, prison time does not work. There must be punishment that works, that prevents this stealing. Execution is one such punishment.

Your point can be argued. He took hundreds of thousands of lives by stealing their money not to say that maybe some committed suicide.

One doesn't have to murder to be executed. Spies are executed & they don't murder. Remember atomic Jewish spiesm the Rosenbergs? How about running from battle? Or being a traitor?