February 14, 2009

Bernie Cornfeld

If I could just make a small suggestion to those who are not au fait (as I am) with the history of financial scams and frauds?

You might want to read up on Bernie Cornfeld and Investors Overseas Services. Add that to what we all have been told ad nauseam about Bernie Madoff and it’ll make this story a great deal more understandable.

Whether the story is actually true or not we’ll find out over the next few days but either way I think we’re going to hear a great deal more about Sir Allen Stanford.

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