¤ Antigua Acquires an Upscale Profile A growing number of Europeans are scouting real estate on the Caribbean island of Antigua, lured in part by new luxury properties and renovations.
¤ 2 Regulators List Lapses on Madoff and Stanford The S.E.C. inspector general and the Financial Industry Regulatory Authority overlooked red flags, they say, that could have averted losses for investors.
¤ Stanford Points Fingers in Fraud Case R. Allen Stanford says that regulators are lying when they say he defrauded tens of thousands of investors. He blames the S.E.C. and his chief financial officer.
¤ String of Problems And S.E.C. Fines Did Not Head Off Huge Fraud Case Securities and Exchange Commission says Stanford Group might have engaged in $8 billion fraud involving high-yielding certificates of deposit held by company's bank in Antigua; it was run by Robert Allen Stanford, businessman who enjoyed political connections in Antigua and in Washington, where his company lobbied extensively; American financial regulators found significant securities violations at company years ago that some experts were telltale signs of deeper problems; each time regulators ...
