Monthly Archives: June 2010

Allen Stanford’s Girlfriend Stoelker Sued by Receiver for Wages, Payments

By Laurel Brubaker Calkins Stanford’s girlfriend, Andrea M. Stoelker, was sued by the indicted financier’s court- appointed receiver for $560,000 that she received in wages and other payments from the Stanford Financial Group of companies. Stoelker’s services, including her work on Stanford’s Caribbean cricket subsidiary, were of no value to creditors, said Kevin Sadler, lead […]

The US government can be sued on account of the fantastic negligence of the SEC

Information, as expected, has been coming out, even if slowly. Inparticular, excellent sources of information and ideas seem to include the SEC Inspector General’s two Reports on the Madoff case; the IG’s two reports on the all too analogous Stanford scam; and complaints, among others, filed against J.P. Morgan Chase, against a money manager, now […]