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Started By
Message
re: Stanford Financial Houston office's raided
Posted on 2/18/09 at 1:00 pm to Tiger JJ
Posted on 2/18/09 at 1:00 pm to Tiger JJ
I am holding my breath and hoping that TAF or other BR/LSU related organizations don't have a big investment in these things.
It creeps me out to see that these douchebags sponsored LSU athletics.
It creeps me out to see that these douchebags sponsored LSU athletics.
2
Posted on 2/18/09 at 1:03 pm to Camp Randall
It's shocking to me that more people didn't see problems with this years ago. 8.25% returns on CD's from a bank in Antigua?
Posted on 2/18/09 at 1:08 pm to Camp Randall
quote:
I am holding my breath and hoping that TAF or other BR/LSU related organizations don't have a big investment in these things.
[link=( https://lsu.giftlegacy.com/plgive_bio.jsp?WebID=GL2007-1107)]LINK[/link]
Two Stanford employees are on the Advisory Board of the LSU Foundation. I hope this turns out well.
This post was edited on 2/18/09 at 1:09 pm
Posted on 2/18/09 at 1:46 pm to Venicetiger
Lsugolf - post your email and I will get in touch with you. I am with a large law firm here in baton rouge and have a few suggestions for you.
Posted on 2/18/09 at 1:54 pm to Ex-Popcorn
quote:
Hundreds of people lined up to withdraw money from banks in Antigua and Caracas affiliated with Texas billionaire Allen Stanford, a day after the tycoon was charged with an $8 billion fraud.
The whereabouts of the brash, 58-year-old financier were unknown. CNBC television said he tried to hire a private jet to fly from Houston, the site of his U.S. headquarters, to Antigua, but the jet lessor refused to accept his credit card.
Run on the bank
Posted on 2/18/09 at 2:02 pm to Ex-Popcorn
quote:
Lsugolf - post your email
chipleechi@gmail.com
thanks.
Posted on 2/18/09 at 2:16 pm to Ex-Popcorn
quote:
--------------------------------------------------------------------------------
Lsugolf - post your email
--------------------------------------------------------------------------------
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Lsugolf - post your email
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This post was edited on 2/18/09 at 3:15 pm
Posted on 2/18/09 at 2:56 pm to lsugolf1105
quote:
What should one do now if he / she had millions with Stanford? Contact attorney? If so, any recommendations? Thanks
quote:
lsugolf
Are you David Toms? You are sponsored by Stanford aren't you!
Posted on 2/18/09 at 3:54 pm to Tiger Ryno
about TAF, would that info be available in their financials?
Posted on 2/18/09 at 3:55 pm to amsterdam
quote:
there were a lot of mom and pop accounts there as well. People who wanted to be safe and invested in a "cd".
Anyone thinking a CD paying 8-9% in an island bank is safe.
Posted on 2/18/09 at 4:03 pm to Cash
Posted on 2/18/09 at 4:14 pm to prplhze2000
BR resident and former Stanford employee, Michael Patton, wrote a column for Forbes.
LINK
quote:
People are blaming the big wigs on Wall Street, but unquestioning financial advisers share the blame, as do investors who fail to perform basic due diligence when investments sound too good to be true
LINK
Posted on 2/18/09 at 4:25 pm to Cash
quote:
According to SEC filings, Stanford Group Co., the investment advisory company affiliated with Stanford International, would get 3% commission on the aggregate sales of CDs by its advisers while the financial advisers would earn 1% up front and a potential trailing commission of another 1%. No wonder 50,000 customers purchased these CDs! According to a former NASD attorney I spoke with this morning, if the feds choose to pursue the advisers who sold the CDs to their clients, the advisers could be stripped of their securities licenses and banned from the industry.
Nice
Posted on 2/18/09 at 4:27 pm to Cash
Posted on 2/18/09 at 4:32 pm to prplhze2000
My favorite part, personally:
quote:
SIB's investment committee, responsible for the management of the bank's multibillion-dollar portfolio of assets, is made up of Stanford himself; Stanford's father, who resides in Mexia, Texas; another Mexia resident with business experience in cattle ranching and car sales; Pendergest-Holt, who prior to joining SFG had no financial services or securities industry experience; and Davis, who was Stanford's college roommate, the SEC said.
Posted on 2/18/09 at 4:37 pm to kfizzle85
This the the other "famous" resident of Mexia, Texas:
Posted on 2/18/09 at 7:22 pm to Venicetiger
Here's a video of the accusers. LINK
Posted on 2/18/09 at 8:05 pm to Cash
dad had a friend try and reel him into this. Guaranteed an 11% return....as long as you leave your money in. stayed the frick away from that
stayed the frick away from thatPosted on 2/18/09 at 8:40 pm to BilJ
quote:
BilJ
quote:
dad
I figured Poppa H would turn up in a thread about big money BR people
Posted on 2/18/09 at 9:38 pm to BilJ
There's money in that powder.
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