It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
(visit the link for the full news article)
The Stanford scandal also raises questions as to whether the SEC, which had been investigating the firm for three years, should have acted sooner
By Matthew Goldstein
R. Allen Stanford can blame Bernard Madoff for bringing down his financial empire
Regulators had been looking at Stanford's firm and its suspiciously high-yielding certificates of deposit on and off for at least three years. But it wasn't until late December—the week after authorities learned about Madoff's alleged $50 billion.