Allen Stanford

Allen Stanford was born in Mexia, Texas in 1950. He always had an eye for an opportunity. When he was 13, he made himself $400 by offering to clear a piece of land for a real estate developer on the condition that he could keep the felled trees to sell as firewood. He enrolled at Baylor University, the oldest college in Texas, in 1970. He studied finance, and according to James Davis, one of his classmates during college, while the rest of them were beating their brains out, Stanford was busy teaching scuba diving in order to make a lot of money for himself. When he graduated, he joined his family business as an entry-level salesman and bookkeeper. The Stanford Financial was founded by Lodis Stanford, his grandfather, in 1932. Lodis was once a barber but he stippled a chance in the insurance industry during the Great Depression and swapped trades. His son, Allen’s father, took over the firm when the time came.…

and their trust. Allen Stanford comes in at second place for America’s largest Ponzi scheme ever and he was able to do the same with the Stanford International Bank. Allen Stanford may not have stolen as much money as Madoff, but the eccentric man was still able to steal billions.…

U.S. authorities had been closely looking into Stanford Financial Group and investigating the certificates of deposit because of the returns that they were providing to their investors. In addition, the fact that the company’s assets showed an increase of 7 billion in a time span of only seven years (2001-2008) also seemed sketchy. As Stanford’s criminal case states “The indictment alleges that, in fact, approx. $5 billion of SIBL’s reported assets consisted of notes on loans to Stanford and…

There are some things that people need to be able to thrive in the cruel world we live in today. Will Allen wrote the book, The Good Food Revolution: Growing Healthy Food, and Communities, and in this book he made some interesting analogies that interesting enough, alluded to these. Will Allen is a former pro basketball player, now he spends his time and money trying to make a difference in his town by trying to urbanize farming in a economically friendly manner. Allen talks a lot about food…

Louis Allen is from Bedfordshire, England and is also autistic but discovered his talent after suffering from a back injury. When Frank Louis Allen draws, he plays music or the television to distract his brain enough to let his subconscious do the work, therefore giving his hands the freedom to flow with all of the ideas that are in his head. Allen used marker in his Live I and Live II drawings, located in the basement of the Academic Center, but mainly used black throughout both drawings. Live…

1. How did SIB’s status as an “offshore bank” facilitate Stanford’s alleged fraud? One reason is that the SIB’s status as an “offshore bank”, is that the bank did not have to follow any of the U.S. laws or regulations. Also the fact that it only had a portion of the assets of a multi bullion dollar company helped. 2. Why would investors be willing to sacrifice immediate access to the funds they deposited with SIB? It is because they wanted more return for their money. Since they expected above…

I have had the privilege to interview Mrs. Davida Gee- Allen for this assignment. Mrs. Allen is a graduate from Mississippi Valley State, where she received her master’s in the field of Social Work. She is currently a supervisor at the department of human serves in the Mississippi delta. She emphasizes the fact that she love what she do, no matter the cost. She entered this field to help people with everyday crisis and most of all defenseless children. Her future plan is to become an…

On Feb. 29, a 61-year-old man was arrested for allegedly embezzling over $100,000 from a California company. The incident took place in Lake County. According to media accounts, the defendant was working as a bookkeeper for a local couple, and an investigation by the Lake County Sheriff's Department determined that he stole $103,000 from their business and personal bank accounts. The evidence was sent to the Lake County District Attorney's Office in September, and a criminal case was opened on…

Weapons are influence unconsciously almost every one falls victim to them. So you might think to your self how can I possibly defend my self form people using the “weapon of influence” on me. When we talking about the weapon Commitment/consistency to me this weapon is the central motivator for a human behavior. I like to believe that it lies deep within us and is very powerful, it is nearly an obsessive desire to be consistent with what we have already done. The way this weapon of…

An analysis of Merwin’s tone in his literary works compared to Whitman’s tone in his works was brought forth by L. Edwin Folsom, a professor of english at the University of Rochester, Massachusetts with a Ph.D in the subject. He specializes on the literary works of Walt Whitman and analyzes the different tones, but same purpose found in the literature of Merwin and Walt Whitman. Folsom begins with a quote from Merwin saying that he identifies himself as being an American poet, but not in any way…