Feb 18 2009
Investment Manager Stanford Was Big-Time Campaign Contributor
Money manager Robert Allen Stanford now has two things in common with embattled investment manager Bernard Madoff: both have come under scrutiny for allegedly defrauding their investors, and both have given significant funds to politicians. The Securities and Exchange Commission today accused Stanford, chief of Stanford Financial Group, of “fraud in the sale of about [...]
Feb 5 2009
SEC officials squirming before Congress claim Executive Privelage
By: George @ 11:17 AM - EST
Linda Thomsen Director of Enforcement for the U.S. Securities and Exchange Commission and Andy Vollmer the SEC’s Acting General Counsel are grilled by Rep. Gary Ackerman (D-NY).
Both Thomsen and Vollmer refusing to directly answer any of the questions posed by the American peoples representative. Mr. Vollmer rambles continuously about [...]