Pulp International - Allen+Stanford

Feb 18 2009

Trust me, I'm a banker.

Yesterday in the U.S., the Securities and Exchange Commission accused investment banker and cricket mogul Allen Stanford of operating a multi-billion dollar banking swindle. Stanford is a native of Texas, but relocated years ago to the Caribbean, where he built a cricket empire on the island of Antigua that includes an international tournament and a cricket stadium. While the SEC was busy this morning officially filing charges in federal court, depositors made runs on Stanford-owned banks in Antigua, Panama and Venezuela. Also today, the Times UK reported that Stanford had lost money to swindler extraordinaire Bernie Madoff and lied to cover it up. The flamboyant Stanford, who last year was caught on television during a match pulling one cricket player’s wife into his lap and flirting with others, has not been seen in public.

Antigua Panama Venezuela Texas Securites and Exchange Commission Allen Stanford Bernie Madoff

The headlines that mattered yesteryear.

1945—Churchill Given the Sack

In spite of admiring Winston Churchill as a great wartime leader, Britons elect Clement Attlee the nation's new prime minister in a sweeping victory for the Labour Party over the Conservatives.

1952—Evita Peron Dies

Eva Duarte de Peron, aka Evita, wife of the president of the Argentine Republic, dies from cancer at age 33. Evita had brought the working classes into a position of political power never witnessed before, but was hated by the nation's powerful military class. She is lain to rest in Milan, Italy in a secret grave under a nun's name, but is eventually returned to Argentina for reburial beside her husband in 1974.

1943—Mussolini Calls It Quits

Italian dictator Benito Mussolini steps down as head of the armed forces and the government. It soon becomes clear that Il Duce did not relinquish power voluntarily, but was forced to resign after former Fascist colleagues turned against him. He is later installed by Germany as leader of the Italian Social Republic in the north of the country, but is killed by partisans in 1945.

1915—Ship Capsizes on Lake Michigan

During an outing arranged by Western Electric Co. for its employees and their families, the passenger ship Eastland capsizes in Lake Michigan due to unequal weight distribution. 844 people die, including all the members of 22 different families.

1980—Peter Sellers Dies

British movie star Peter Sellers, whose roles in Dr. Strangelove, Being There and the Pink Panther films established him as the greatest comedic actor of his generation, dies of a heart attack at age fifty-four.

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