Credit Crunch – villain number 2: Allen Stanford
alcatraz by vgm838 on flickr
The financial crisis has now claimed what is currently believed to be its second most important villain to date (after Bernie Madoff) – Allen Stanford. I can’t comment on his guilt but he sure appears to have a colourful and dodgy background. He faces up to 250 years in the slammer.
The word villain appears to be distinctly valid in this case:
rascal, rapscallion, rogue, scamp, scoundrel
I doubt he’s in Alcatraz, but it’s taken a long time to get him inside. There is good coverage around, especially in Pirate of the Caribbean, a Vanity Fair article. Here’s some of the rest:
• The Guardian: US prosecutors charge Allen Stanford with turning bank into $7bn pyramid scheme, Allen Stanford: countdown to court, Key players in the Allen Stanford affair
