Archive | February, 2009

SEC vs. Stanford: same return for two years – a red flag?

On February 17th, 2009 the SEC charged Stanford International Bank (SIB), R. Allen Stanford, et al with “a massive ongoing fraud.” Below are comments regarding potential challenges to SEC’s rationale and approach in supporting their case presented in the complaint on SEC website. As shown in the excerpt below, the SEC points to SIB’s absolute […]

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