Ponzi Knight gets 110 years for doing what so many others do without penalty.
One thing you can say about Allen Stanford: He spread his stolen billions around. Stanford favoured no single political party or politician, according to the US Embassy in Bridgetown. According to our sources he made political donations to both the Barbados Democratic Labour Party (DLP) and the Barbados Labour Party (BLP).
The BLP and the DLP kept Stanford’s money even after it was revealed that it was stolen from victims of his Ponzi schemes. There’s lots of precedent for that… after all, the DLP kept the campaign donations of Leroy Parris and friends even after it was revealed that the money came from victims of the CLICO and CL Financial frauds.
We call upon both the DLP and the BLP to declare how much money they and their politicians received from Stanford and to return the money immediately so that it can benefit the victims.
Over to you Freundel $tuart and Owen $ Arthur…
Barbados Free Press 
Please change your headline. He was stripped of that title. No reason for the needless adoration.
Hi No Sir,
Sure we know he’s not a “Sir” any longer but we rather enjoy pointing out how freely those titles are handed out – even purchased.
So we’ll leave it for now. Our readers are intelligent enough to get the point – or so we think! 🙂
Don’t give the money “back.” What’s Stanford going to do with it? Have a commissary account of $2 million to pay his butt boy while he’s in the slammer? And come to think about it, why should he have credits to pay-off Willie and Rib Bone when they have their “manly needs” and a little bit of new white meat looks tasty….
Now if the $$$ doesn’t get tied up in the courts [and don’t think it won’t-because this IS BIM]–it should go to them’s what got flim -flammed.
To be fair Stafford should not have been given 110 years; that time should have been equally divided among his cronies. As it stands he is paying for all. Taking the rap by his lonesome.
The money Stanford gave out to DLP, BLP and to all and sundry identified should be returned (which we know it has already been spent) and someone appointed to see that it goes to legal, reputable, charitable organizations.
Stafford got caught but there are many more just like him who has not be exposed, as yet.
The more critical issue, surely, is the need for legislation to require political parties to identify the source of their funding
Looks like it wasn’t just Caribbean politicians who benefited from Allen “Sleazeball” Stanford’s generous nature when it came to offering handouts of other peoples’ money to politicians.
A Full-Service Bank: R. Allen Stanford and the CIA
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 “orchestrating a fraudulent, multibillion dollar investment scheme,” I wondered: was there more to the story?
Indeed there was.
Once described by fawning media as a “flamboyant Texan” and “philanthropist,” Stanford was founder and sole shareholder of a global banking empire once conservatively valued at $50 billion.
According to the federal indictment, “Sir Allen,” as he was dubbed by a corrupt former minister of Antigua, ran a massive Ponzi scheme camouflaged as a bank that sold some $7 billion in self-styled “certificates of deposit” and $1.2 billion in mutual funds.
Operated from behind a façade of well-appointed offices and with a jet-set lifestyle to match, the Stanford grift may have been impressive but it was a scam from the get-go. Lured by “high rates that exceed those available through true certificates of deposits offered by traditional banks,” thousands lost their shirts.
Those high rates were a lie and the bank’s “unique investment strategy” about as legitimate as a penny-stock fraud or advance fee scam on the internet. Of the $8 billion hoovered up by the banker and his cronies, only about $500 million have been recovered.
Facing the prospect of years in prison, The Miami Herald reported that SIB’s chief financial officer James Davis, once Stanford’s college roommate and originally charged in the indictment, copped a plea to save his own neck.
Davis told the Justice Department that “his boss had been stealing from investors for decades while paying bribes to regulators and even performing blood oaths never to reveal his secrets.”
Talk about a wise guy!
And with connections and generous pay-outs to U.S. politicians going back more than a decade, 65% of which went to Democrats including our “change” president, Allen Stanford was plugged-in.
Evidence also suggests he may have gotten an assist covering his tracks from regulators and U.S. secret state agencies, including the CIA.
Continued at:
http://antifascist-calling.blogspot.com/2010/08/full-service-bank-r-allen-stanford-and.html
Dah money done spend, twice over already
and Barbados broke.
Can’t even pay-off de man for the bldg. at Warrens
and wunnuh talkin bout pay back money dat done spen’?
lol i think when Stanford was good all of u all was with him u all are TRAITORS cause it happens DAILY but those are Ur HEROES, stupid nation.98 percent
literate..
the political parties should be held Responsible also why lol
give back the money its stolen goods but THIEF from THIEF make good laugh
MR Stanford they deserve it they are greedy people.
Bad timeing SIR
Good lawyers and the backing of the SEC lets see you give back $$$$