Yes...I said it...jerk...If you watched the news lately, then you have heard of Robert Allen Stanford. Here's a small portion of an article from the Fox News website...
"The Securities and Exchange Commission today charged Robert Allen Stanford and three of his companies for orchestrating a fraudulent, multibillion-dollar investment scheme centering on an $8 billion CD program.
Stanford's headquarters, located in Houston's Galleria shopping and office district west of the city's downtown, were raided by law enforcement officials today. Law enforcement officials are probing the company’s stated CD returns, in which the company offered rates between 10.3% and 15.1% every year from 1995 through last year -- five or six times what banks in the U.S. offer."
The article can be read in its entirety here, but be prepared to feel disgusted after finishing. Mr. Stanford stole money from hardworking people...money earned honestly and with dedication. His "people" heavily persuaded highly qualified financial investment firms to encourage their clients to purchase CDs from his institution with a promise of a high return while he lived lavishly off the interest. None of the money was EVER invested. How does this happen? I will never understand people who are willing to go after whatever they want no matter how much it will hurt those around them. Selfish jerk...
Showing posts with label News. Show all posts
Showing posts with label News. Show all posts
Monday, March 2, 2009
Thursday, January 15, 2009
Monday, January 12, 2009
President Bush
With the inauguration of President-Elect, Barack Obama, coming up on January 20th, we cannot help but look back at the legacy President Bush will be leaving behind. After reading this article on Time.com, I felt despondent and discontented with the response a vast majority of our country is promoting regarding his presidency. Instead of looking at the positive, even President Bush himself is being forced to focus on the negative. I made a mental list of every major event which occurred during his 2 terms in office, and I would love to know exactly what all of the people bashing him would have done differently...and I would like to see if the drastically different outcomes they proclaim, would really materialize. I am a Republican, I voted for Bush, and even though I may not agree with every decision he made, at least he respected his wife enough to keep his pants on while in office...
Excerpt from the article:
"In the current Administration's waning days, Americans have struggled to find a single word that would encapsulate history's judgment on the two-term presidency of George W. Bush. The left has offered disastrous, citing the damage they see inflicted on the country by Bush's foreign policy and economic stewardship. The right has countered with secure, arguing that another 9/11 was prevented by Bush's taking the fight to terrorists at home and abroad. But in what the White House says will be his final press conference on Monday, President Bush himself provided the word everyone has been looking for: disappointment."
Excerpt from the article:
"In the current Administration's waning days, Americans have struggled to find a single word that would encapsulate history's judgment on the two-term presidency of George W. Bush. The left has offered disastrous, citing the damage they see inflicted on the country by Bush's foreign policy and economic stewardship. The right has countered with secure, arguing that another 9/11 was prevented by Bush's taking the fight to terrorists at home and abroad. But in what the White House says will be his final press conference on Monday, President Bush himself provided the word everyone has been looking for: disappointment."
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Showing posts with label News. Show all posts
Showing posts with label News. Show all posts
Monday, March 2, 2009
What a Jerk...
Yes...I said it...jerk...If you watched the news lately, then you have heard of Robert Allen Stanford. Here's a small portion of an article from the Fox News website...
"The Securities and Exchange Commission today charged Robert Allen Stanford and three of his companies for orchestrating a fraudulent, multibillion-dollar investment scheme centering on an $8 billion CD program.
Stanford's headquarters, located in Houston's Galleria shopping and office district west of the city's downtown, were raided by law enforcement officials today. Law enforcement officials are probing the company’s stated CD returns, in which the company offered rates between 10.3% and 15.1% every year from 1995 through last year -- five or six times what banks in the U.S. offer."
The article can be read in its entirety here, but be prepared to feel disgusted after finishing. Mr. Stanford stole money from hardworking people...money earned honestly and with dedication. His "people" heavily persuaded highly qualified financial investment firms to encourage their clients to purchase CDs from his institution with a promise of a high return while he lived lavishly off the interest. None of the money was EVER invested. How does this happen? I will never understand people who are willing to go after whatever they want no matter how much it will hurt those around them. Selfish jerk...
"The Securities and Exchange Commission today charged Robert Allen Stanford and three of his companies for orchestrating a fraudulent, multibillion-dollar investment scheme centering on an $8 billion CD program.
Stanford's headquarters, located in Houston's Galleria shopping and office district west of the city's downtown, were raided by law enforcement officials today. Law enforcement officials are probing the company’s stated CD returns, in which the company offered rates between 10.3% and 15.1% every year from 1995 through last year -- five or six times what banks in the U.S. offer."
The article can be read in its entirety here, but be prepared to feel disgusted after finishing. Mr. Stanford stole money from hardworking people...money earned honestly and with dedication. His "people" heavily persuaded highly qualified financial investment firms to encourage their clients to purchase CDs from his institution with a promise of a high return while he lived lavishly off the interest. None of the money was EVER invested. How does this happen? I will never understand people who are willing to go after whatever they want no matter how much it will hurt those around them. Selfish jerk...
Thursday, January 15, 2009
Monday, January 12, 2009
President Bush
With the inauguration of President-Elect, Barack Obama, coming up on January 20th, we cannot help but look back at the legacy President Bush will be leaving behind. After reading this article on Time.com, I felt despondent and discontented with the response a vast majority of our country is promoting regarding his presidency. Instead of looking at the positive, even President Bush himself is being forced to focus on the negative. I made a mental list of every major event which occurred during his 2 terms in office, and I would love to know exactly what all of the people bashing him would have done differently...and I would like to see if the drastically different outcomes they proclaim, would really materialize. I am a Republican, I voted for Bush, and even though I may not agree with every decision he made, at least he respected his wife enough to keep his pants on while in office...
Excerpt from the article:
"In the current Administration's waning days, Americans have struggled to find a single word that would encapsulate history's judgment on the two-term presidency of George W. Bush. The left has offered disastrous, citing the damage they see inflicted on the country by Bush's foreign policy and economic stewardship. The right has countered with secure, arguing that another 9/11 was prevented by Bush's taking the fight to terrorists at home and abroad. But in what the White House says will be his final press conference on Monday, President Bush himself provided the word everyone has been looking for: disappointment."
Excerpt from the article:
"In the current Administration's waning days, Americans have struggled to find a single word that would encapsulate history's judgment on the two-term presidency of George W. Bush. The left has offered disastrous, citing the damage they see inflicted on the country by Bush's foreign policy and economic stewardship. The right has countered with secure, arguing that another 9/11 was prevented by Bush's taking the fight to terrorists at home and abroad. But in what the White House says will be his final press conference on Monday, President Bush himself provided the word everyone has been looking for: disappointment."
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