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Magazine Cover Of The Year

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by Felix Salmon
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Feb 13 2009 6:47pm EDT

Magazine Cover of the Year

There really can't be any doubt about this one: World Finance splashes Sir Allen Stanford all over the cover of its Jan/Feb 2009 issue. And the prose couldn't be any more glowing, or more ironic:

World Finance's 2008 Man of the Year award was bestowed upon Sir Allen Stanford as he clearly stood out when, two years ago, he began cautioning those in the financial services industry that an impending global economic storm was brewing. His ability to lead the Stanford Financial organisation through this current turbulent environment unscathed and his commitment to philanthropic causes in the cities around the world where Stanford conducts business were the deciding factors in selecting him as this year's award recipient.

The interview is well worth reading, especially the bits where Stanford congratulates himself on his investment philosophy. I have a feeling that the SEC might be asking him similar questions, but will want rather more concrete answers.

(HT: Otto)

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