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re: Victims of Allen Stanford may get some money back

Posted on 12/28/20 at 3:35 pm to
Posted by Cash
Vail
Member since Feb 2005
37249 posts
Posted on 12/28/20 at 3:35 pm to
quote:

You're not going to get a 25% return on your investment with zero risk


I'm no expert, but I thought the returns Stanford's bank were offering on CD's were slightly better than average but not extravagant. I was under the impression he kept it reasonable to stay under the radar.

Again, I could be wrong.
Posted by SEClint
New Orleans, LA/Portland, OR
Member since Nov 2006
48769 posts
Posted on 12/28/20 at 3:37 pm to
quote:

Again, I could be wrong.
I find your lack of faith disturbing.
Posted by Janky
Team Primo
Member since Jun 2011
35957 posts
Posted on 12/28/20 at 3:40 pm to
I don't remember the exact numbers, but they were paying considerably more than the market through a bank in Antigua.
Posted by Jim Rockford
Member since May 2011
98343 posts
Posted on 12/28/20 at 3:41 pm to
You could be right. I was speaking generally.
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