Episode 73 • • 39:01 - 41:23
73: Save or Create
Allen Stanford, SEC Investigation, Drug Cartel Money Laundering
The fraud investigation into Allen Stanford is compared to the Bernard Madoff case. Allegations surface that the FBI was investigating Stanford for laundering money for Mexican drug cartels, leading to friction with the SEC. The timing of the news break is questioned, suggesting it may be a distraction from other financial news.