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the next madoff


dmarc117
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The federal investigation, however, did not stop Stanford from using corporate money to become a big man at last year's Democratic convention in Denver.

 

A video posted on the firm's web-site shows Stanford, now sought by U.S. Marshals, being hugged by Speaker of the House Nancy Pelosi and praised by former President Bill Clinton for helping to finance a convention-related forum and party put on by the National Democratic Institute.

 

"I would like to thank the Stanford Financial Group for helping to underwrite this," Clinton said to the crowd at the event.

 

Stanford Financial was listed as the "lead benefactor" for the gathering, and Stanford was permitted to address the audience of several hundred.

 

Stanford contributed $150,000 to underwrite the event, said NDI president Kenneth Wollack. More recently, Stanford gave $5,000 to help pay for a luncheon hosted by the group. At the time NDI had no idea of Stanford's trouble, and it is has not had any contact with him since the December event, said Wollack.

 

:wacko:

 

figures

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