Monthly Archives: August 2010

Undisclosed Stanford Loans Prove Fraud, Examiner Says

By Laurel Brubaker Calkins and Andrew M. Harris Stanford International Bank Ltd.’s $1.7 billion in undisclosed loans to indicted financier R. Allen Stanford are proof the bank was involved in fraud, a examiner testified in a U.S. court trial in Houston. “There’s a complete disconnect between what the bank is saying, that it has fully […]

The CIA, Banking Scams, and R. Allen Stanford

By Tom Burghardt In a scandal-plagued era such as ours, scarred by murderous wars, occupations and corruption that would make a Roman emperor blush, accused crooks have names; even juiced ones like R. Allen Stanford. Last year, when a federal court in Texas handed down indictments charging Stanford International Bank (SIB) and its officers with […]