Judge Allen Stanford’s Sentence Using the Madoff and Stewart Standards
Using the same standard and methodology, Stanford should have been sentenced to 57,189.5425 years, about 1/3 of a calubtun (0.3620). Continue Reading →
Tag Archives: Madoff
Facebook IPO Redux: Henry Blodget Would Like a Word
Gee, I wonder why all those sophisticated investors suddenly decided they didn’t want a piece of Facebook after all? Oh, wait, I’ve got a pretty good idea. ($1 to Marty Feldman, go watch Young Frankenstein, you can’t possibly see it too many times.) Continue Reading →
What was the SEC doing while Madoff, Stanford, et. al. were defrauding the public?
“WASHINGTON — Senior staffers at the Securities and Exchange Commission spent hours surfing pornographic websites on government-issued computers while they were being paid to police the financial system, an agency watchdog says.” Continue Reading →