Tuesday, December 14, 2010

Allen Stanford: The Other Ponzi Schemer


Yes, the other Ponzi scammer, Allen Stanford (see: The $8-billion Caribbean confidence game of Allen Stanford), is back in the news because now the authorities are going after others associated with the former Texas billionaire and former sponsor of the PGA Tour.


We here at Think Billion$ smell the irony of Allen "Stanford" in a different direction.


Here we have scammer Allen Stanford, who claims lineage to the Stanford family of Stanford University; who was a former sponsor of the PGA Tour which produced former billionaire Tiger Woods, a former Stanford golfer (but, not a graduate of Stanford University); who scammed Elin Nordegren who now has a new boyfriend.


This makes us think back to some of the lessons from The Lion King (1994):
Zazu: What's going on?
Mufasa: A pouncing lesson.
Zazu: Oh, very good. Pouncing. *Pouncing*? Oh, no, Sire, you can't be serious...
[Mufasa signs for "turn around"]
Zazu: This is so humiliating.




Article: Stanford Probe Widens