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My Take on Why the SEC Did Not Pursue Allen Stanford

Posted by Larry Doyle on April 20th, 2010 4:19 PM |

Why did the SEC charge Goldman Sachs with fraud last Friday and not another day? Little doubt the SEC was trying to deflect attention from the scathing review of the SEC in its Investigation of Stanford Financial debacle. How bad is it? Well, let’s review a letter embedded in the SEC OIG’s review of the Stanford Alleged Ponzi Scheme,

Below please find a referral from NASD concerning Stanford Financial Group
Id. at 1. The letter stated: (more…)






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