Don't understand the subject line... 'Hurry Come up' ?
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Stanford the Hurry Come Up getting his Comeuppance
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Look like Stanford is in BIG trouble...
SEC charges Stanford with 'massive' fraud
WASHINGTON – Federal regulators are charging R. Allen Stanford and three of his companies with a "massive" fraud that centered around high-interest-rate CDs.
The Securities and Exchange Commission's complaint, filed in federal court in Dallas, alleges that Stanford International Bank sold about $8 billion of so-called certificates of deposit to investors by promising "improbable and unsubstantiated high interest rates."
The rates allegedly allowed the bank to achieve double-digit returns on its investments for the past 15 years. U.S. District Judge Reed O'Connor entered a temporary restraining order and froze Stanford's assets.
The SEC's outgoing enforcement chief Linda Chatman Thomsen says Stanford and his family and friends "perpetrated a massive fraud based on false promises and fabricated historical return data to prey on investors.""It is easier to build strong children than to repair broken men" - Frederick Douglass
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Is which part you did deh? Me done campaign against West Indies from long time pon dis Forum. It makes no sense to continue with this vestige of colonialism.
If the islands competed by themselves, the strength of each coungry would improve. And if it doesn't, too bad!
And as for those countries that say they are too small to compete, whose problem is that? They do it in football and other sports, so...
All now Exile and Gamma have mi up fi it!
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