Bernie Madoff has been joined by a new financial swindler, Robert Allen Stanford. Stanford is accused of selling uninsured certificates of deposit from an Antigua-based bank. Suddenly $8 bln has gone missing.
At least folks who invested with these crooks had their money disappear at at once. I get to sit here and watch mine shrink a few more percent day after day…I think the ricj guys who got swindled have it easier!