Stanford - I left details to others

[malaise]

http://www.chron.com/disp/story.mpl/front/6382454.html
<snip>
R. Allen Stanford said Monday knowing the details of how his company handled billions of dollars in investors’ money wasn’t part of his job, but making injured clients and employees whole again following the government’s “disembowelment” of his businesses has become his top priority.

Stanford spoke to the Chronicle on Monday from the Houston offices of Dick DeGuerin, an attorney he hopes to officially hire if his frozen assets or insurance money are released.

“As God is my witness,” Stanford said, “there is no Ponzi scheme, there was no intentional fraud.”

He said he didn’t know a lot about the details of investments made with funds from certificates of deposit issued by the Antigua-based Stanford International Bank, but he said he trusted those who did.

“I can’t give you specifics because I didn’t get into specifics,” he said. Stanford noted several times that Chief Financial Officer James Davis oversaw the investment decisions for the largest chunk of the investors’ money that the government claims is at the heart of the Ponzi scheme claims.
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Come on Stanford you ran every damn thing - you even ran the damn cricket.

[hobbit709]

1. What a load of taurine metabolic byproducts.

You have to be one of the 24%ers to believe any of this excuse.