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Business
April 20, 2009
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The Texas billionaire charged in an $8 billion ponzi scheme claims he's innocent.  R. Allen Stanford tells CNBC TV he has "never done anything to swindle or defraud anyone."  Stanford Financial was based in Memphis, and owned 80% of ForeFront Holdings in Brentwood.  The Securities and Exchange commission claims Stanford Financial was lying to investors and selling high yield Certificates of Deposit based in Atigua that were too good to be true.  Stanford is asking a federal judge to lift the freeze on his assets, so he can pay $10 million for his legal defense.

 
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Today is Monday, Aug. 15, the 227th day of 2011. There are 138 days left in the year.

8 August: Nixon Resigns; Agnew Won't Resign (then he does); Great Train Robbery; Israel & Jordan Open First Road...

15 July: Welcome Back, Georgia; Viewers Startled - Nixon To Visit China; Happy Birthday msnbc; BP FINALLY Caps Gulf Well...

 
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