Guest MonkeySee Posted February 20, 2009 Posted February 20, 2009 The FBI was able to track down Texas financier R. Allen Stanford in Virginia, and the guy is not under arrest or custody. Stanford committed a $8 billion fraud but is not in jail. What in the world is law enforcement doing? Quote
Guest lvdkeyes Posted February 20, 2009 Posted February 20, 2009 I think it's just a matter of time before he is behind bars or confined to a luxury condo like Madoff. Quote
Guest MonkeySee Posted February 21, 2009 Posted February 21, 2009 The law enforcement people sure seem to treat the rich differently. Or am I missing something? Quote
Guest lvdkeyes Posted February 21, 2009 Posted February 21, 2009 The law enforcement people sure seem to treat the rich differently. Or am I missing something? You haven't missed a thing; you hit the nail square on the head, sadly. Quote
Guest shebavon Posted February 21, 2009 Posted February 21, 2009 Lack of oversight by the Feds (SEC in particular) aided and abbetted these sorts of fraud and abuse. With all the unregulated hedge funds operating with no oversight, managing Trillions of dollars, I fear that there are many more Madoff and Sanford types out there. Quote
