Reply #3: Finally

[sattahipdeep]

As investigations into Stanford's businesses widened, evidence emerged that his Stanford Group Co had been disciplined by the Financial Industry Regulatory Authority (FINRA). the U.S. broker-dealer watchdog.


In November 2007, FINRA fined Stanford Group $10,000 for misleading sales literature that failed to prominently disclose risks, such as that the CDs were not issued by a U.S. bank and were not insured by the Federal Deposit Insurance Corp.

http://www.reuters.com/article/topNews/idUSTRE51H5IO20090219?pageNumber=2&virtualBrandChannel=0

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Stanford's personal fortune was estimated at $2.2 billion last year by Forbes Magazine.

http://www.reuters.com/article/topNews/idUSTRE51H5IO20090219?pageNumber=3&virtualBrandChannel=0

Schapiro's corrupt as Markopolos pointed out.

01:02:11 MARKOPOLOS

01:02:39 REP.SHERMAN

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01:05:01 REP.CASTLE

01:05:36 MARKOPOLOS

http://www.c-spanarchives.org/library/index.php?main_page=product_video_info&products_id=283836-1

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FBI Probes Stanford Ties to Mexico's Gulf Cartel

http://www.youtube.com/watch?v=z5uFXD2E0rc