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re: How will BR/LSU/TAF handle the Stanford crisis?

Posted on 2/19/09 at 8:06 pm to
Posted by LSUWEST
Egypt
Member since Aug 2006
803 posts
Posted on 2/19/09 at 8:06 pm to
the $ was in alleged CDs ( ) but was actually invested in Real estate which is how he was getting such grand returns for a while then it turned BAD it was not a CD as in FDIC which leads to the misled and the SEC. The funds are not there and people will be lucky to get 25% back.
Posted by Tigrus Maximus
Baton Rouge
Member since Jul 2007
623 posts
Posted on 2/19/09 at 8:18 pm to
Thanks lsuwest and kimjong, I get it now. Sucks hard.
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