James Forsyth James Forsyth

A shock to Stanford’s system

Allen Stanford, the Texan millionaire who English cricket leapt into bed with but is now expected to be indicted, has given a quite remarkable interview to ABC News. In it, he emotionally denies that he was running a ponzi scheme or laundering money for drug cartels. But it is this comment that caught my eye:  

‘He was forced to fly on a commercial plane for the first time in almost two decades after the government seized his fleet of six private jets.

“They make you take your shoes off and everything, it’s terrible,” he complained about the airport security that apparently came as a surprise to him.’ One really does wonder how out of touch you have to be to not have heard that airport security got tightened up after 9/11. The more you hear about Stanford, the more foolish the ECB’s rush to partner with him seems.

Hat Tip: New York Magazine

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