Monday, June 22, 2009

A new Week, and Walking On

Dealbreaker as prolific as ever provides this story as an update for Sir Allen Stanford. What a frickin' joke!

Allen Stanford's Lawyers Think Throwing Client In Jail Would Be A Totally Excessive And Unwarranted Move

Re: jail or bail for Allen Stanford, the accused Ponzier's lawyers argue that detention would be "a punitive measure" and that the government is grandstanding, which, considering the source, is rich and awesome. Prosecutors are pegging the ultimate sentence at 375 years.

U.S. Says Bonds Seized in Italy Are 'Clearly Fakes'

“They’re clearly fakes,” Stephen Meyerhardt, a spokesman for the U.S. Bureau of the Public Debt in Washington, said yesterday. “That’s beyond the fact that the face value is far beyond what’s out there.”

Meyerhardt said Treasury records show an estimated $105.4 million in bearer bonds have yet to be surrendered. Most matured more than five years ago, he said. The Treasury stopped issuing bearer bonds in 1982, Meyerhardt said.



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