Just Like Madoff — Again

As we found in the case of Ponzi schemer Bernie Madoff, we’re now discovering that numerous government agencies had heads-ups or even started investigations (that were later shut down) into Sir Allen Stanford’s Antigua-based banking empire. Of particular interest is an investigation the SEC began back in 2006, only to be asked by another unnamed government agency to “stand down”. Zack Roth reviews the timeline and key events.