http://money.cnn.com/2012/03/06/news/co ... ?hpt=hp_t3" onclick="window.open(this.href);return false;
federal court jury in Houston found former financier R. Allen Stanford guilty Tuesday on 13 of 14 counts of running a Ponzi scheme.
Stanford, who was first charged with the fraud by the Securities and Exchange Commission and federal prosecutors in 2009, was found guilty on 13 of 14 counts at the conclusion of a five-week trial.
Meanwhile, he's just another dirty, evil, elitist prick
President Barack Obama and other politicians and campaign committees have yet to return donations from Houston financier R. Allen Stanford, who is currently on trial for allegedly running a $7 billion Ponzi scheme, Reuters reported on Monday.
The donations total $1.8 million, and were given out to some of Washington's most prominent committees and political figures by Stanford, his fellow executives at Stanford Financial, and from a PAC associated with the company, Slate reported.
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The Democratic Senatorial Campaign Committee received $950,500; the National Republican Congressional Committee, $238,500; the Democratic Congressional Campaign Committee, $200,000; the Republican National Committee $128,500, and the National Republican Senatorial Committee $83,345. The money came from Stanford himself, a political action committee with which he was associated and from Stanford executives. Money has been returned by House Speaker John Boehner, R-Ohio, Senate Majority Leader Harry Reid, D-Nev., and Sen. John McCain, R-Ariz., among others.
http://www.investmentnews.com/article/2 ... /120219956" onclick="window.open(this.href);return false;
