There is hope yet: 230-year sentence sought for Ponzi schemer

Alan Stanford had a nice little scam going not so different from the bankster scam currently  destroying our economies. His was a mere 7 billion. US prosecutors urged a judge on Wednesday to send convicted financier Allen Stanford to prison for 230 years, calling him a “ruthless predator” whose US$7 billion (NZ$9.08b) Ponzi scheme was […]

Wall Street’s Fall Guy: “Fast Track Justice” for Bernie Madoff

Let me ask you this: If you were a judge in the Madoff case and Mr. Madoff, suspected of a US $50 billion  Ponzi scheme asks to be released into house arrest with access to his computer, bank accounts and with a wife who has been his accountant for the better part of his fraudulent […]