BizJournals Portfolio
Home >   Business Views, Opinions and Blogs >   Business Blogs >   Market Movers >  

Stanfords Last Days Of Freedom

Market Movers

by Megan Barnett
Main
Which is Worse: The Pyramid Scheme or the PR Firm?   Another Reason Why Inflation is a Good Idea

Recent Blog Posts

Links

Apr 06 2009 11:34pm EDT

Stanford's Last Days of Freedom

Allen Stanford has given an interview to ABC news, and it makes for compelling viewing. He’s tearful, he’s aggressive, he’s delusional, he’s hilarious: he seems entirely convinced that he wasn’t running a Ponzi scheme, even as he complains about being “forced to fly on a commercial plane for the first time in almost two decades”. My favorite bit:

“I always lived very frugally. I flew around in a private jet, I had a boat, but I always lived very frugally.”

Stanford says he expects to be indicted in two weeks. If you listen carefully during the interview you can hear a cover of Cole Porter’s Night and Day playing in the background. I wonder if Stanford, struggling to retain his dignity, knows the lyrics, or has wondered if they apply to his remaining days as a free man:

Like the tick tick tock of the stately clock
As it stands against the wall

Reprinted from Reuters

Comments

If you are commenting using a Facebook account, your profile information may be displayed with your comment depending on your privacy settings. By leaving the 'Post to Facebook' box selected, your comment will be published to your Facebook profile in addition to the space below.


Connect With Portfolio.com
Like Portfolio on Facebook

Come on, like us—you know you want to.

Follow Portfolio on Twitter

Follow us and if you're an innovative entrepreneur, we'll return the favor.

The Mix

Today's top stories, conversation starters, and the back nine business bites.

spotlight on

People & Ideas

Whisky To-Go-Go

Now there's a company that let's you taste your knowledge of fine blended Scotches by mixing a whisky of your own. Read More