Saturday, September 19, 2009

Sir Allen: Proof that what goes up must come down!

Here are a few quotes from a recent NY Times article reporting the woes of Sir Allen:
(T)he Texas financier accused of a $7 billion fraud, has no money to pay a lawyer so a federal judge on Tuesday ordered a public defender to take over his defense.


Mr. Stanford, who once traveled by private jet and owned yachts and luxury homes in Texas, the Caribbean and Florida, has been in jail since June, when criminal charges were filed.
For some reason I don't feel too sorry for him...However, I do have compassion on the people who thought they had $7 billion in legitimate certificates of deposit and found out they had nothing but a share of a Ponzi scheme...

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