Sunday, February 15, 2009
When we knew he was up to no good
The emerging addition to the global financial crisis this weekend is the apparent implosion of Allen Stanford's financial empire. Missing in the US coverage of him is any reference to to how many cricket fans will always remember him, as explained in this Sky News clip above.
UPDATE: The Securities and Exchange Commission shuts down Stanford, alleging an $8 billion fraud. Is sports sponsorshop the leading indicator of financial doom (even in Ireland)? Incidentally, it appears that Stanford had investments with Madoff!