jeff1000man

Sounds like a really great place. I love change.

tomtbone1993

After reading another fine article from the Conroe Courier, I am now dumber......

jeff1000man

Federal marshalls just seized the offices of Stanford financial in the galleria under allegations of fraud.

That one will be another OOPS.

tomtbone1993

SEC Charges Stanford With 'Massive' Fraud

POSTED: Tuesday, February 17, 2009

WASHINGTON -- Federal regulators are charging R. Allen Stanford and three of his companies with a "massive" fraud that centered around high-interest-rate CDs.

The Securities and Exchange Commission's complaint, filed in federal court in Dallas, alleges that Stanford International Bank sold about $8 billion of so-called certificates of deposit to investors by promising "improbable and unsubstantiated high interest rates."

The rates allegedly allowed the bank to achieve double-digit returns on its investments for the past 15 years. U.S. District Judge Reed O'Connor entered a temporary restraining order and froze Stanford's assets.

The SEC's outgoing enforcement chief Linda Chatman Thomsen says Stanford and his family and friends "perpetrated a massive fraud based on false promises and fabricated historical return data to prey on investors."

He is one of our clients....or maybe I should say was....

jeff1000man

gasoline closed at 1.10 today and oil at 34.90 and declining. At least it will be cheap this summer.

Rcolter

Yeah real cheap all of us will be unemployed living somewhere cheap. No rent = more party money

wstultz

We could all live in a van down by the river.

tomtbone1993

did you learn that from Squatter?

jeff1000man

Holy chit. Economy is not hurting Livorsi. $800.00 for new set of sticks. WTF?

jeff1000man

Anybody heard from Boat***** lately. I am about ready to start doing some wiring.