Or a scam of any kind? Laura Pendergest-Holt’s totally at ease demeanor says no! Interrupting commentator Mike Darda to show us footage of the firm’s Chief Investment Officer arriving in a Houston courthouse to be arraigned on charges of one count of conspiracy and one count of obstruction, CNBC’s cameraman shows us a calm, cool and collected LPH. In fact, she looks like she’s having a downright great time! There she is with her water bottle, smiling away, laughing and chattin’ it up in the lobby, making plans with a couple of bros to meet up later. Of course, she should probably consider bringing on the waterworks, in the interest of sympathy and whatnot, but for now it’s nice to see this thing isn’t phasing her.
Update: Oh, perhaps it was nervous laughter. According to Scott Cohn, LPH had forgotten to bring ID with her this morning, which was why she was chilling/socializing in the lobby long enough for prying eyes to get the impression she’s not sweating this thing. This is why it’s always a good idea to pack your bag the night before showing up in court. You wait ’til that morning and you’re definitely going to leave the house without everything you need. Think, LPH, THINK!
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- Use the Bloomberg command
NH BLG_DEALBREAKER <GO>
to access Dealbreaker
It’ll all end in tears. always does.
Bess, it’s a ploy to get released for lack of identity. The ploy works quite often in Texas, according to CrimeTV.
These Texans are smart.
@2- “for a lack of identity”? what?
CHOMPERCLOPS!
“Is Stanford Financial A Ponzi Scheme?” “Or a scam of any kind?”
Why on earth would anyone think that? Allan and Laura said it isn’t, so that should be good enough.
The Guy from Delaware
Have they posted LPH’s odds for the Preakness yet?
“back your bag”?
she does have quite the poker face. smiling, nice white pants, long flowing locks (nary a split end to be found)…now I think we know why ol’ allen hired her.
The evidence will prove she is, in fact, the love child of one Mr. Walter Noel and Miss Sally Jenkins, the lead waitress at Benihana.
Up until I discovered sausage, I used to go for gals like this.
The Guy From Delaware
I would pound CHOMPERCLOPS in her ass for a dollar.
9,
If she can flip shrimp tails into her hat, that would definitely be a redeeming quality.
@8-
It was Jim Davis she was fucking, not Allen. If memory serves me right, Allen was banging Danny Bogar’s secretary at the time Laura was hired by Jim.
@6 10:1
Wonder if her poker face training came from the real pros, ya’ know, like Lady Ga Ga and such
@13 – thanks for the clarification, you are clearly closer to the situation than I am (sitting in a new york office building). so let me clarify: now we know why jim davis asked ol’ allen to hire her…carry on.
I don’t like the way “Sir Stanford” is looking at his girlfriend in the image part way down this page. He must have been thinking about getting Carlos from the Tijuana cartel to spend some “quality” time with her.
http://www.dailymail.co.uk/news/article-1151895/The-ice-maiden-bring-Stanford-helping-US-agents-hunt-missing-billions.html
– Snake Plissken
If she forgot her ID in the morning it’s likely because she slept out last night and forgot to bring everything with her because she was so anxious to get pounded.
someone fess up– who was it?
The city of Houston, TX was founded by the Allen Brothers who couldn’t get jobs writing ransom notes in New York so they went to Texas and promoted a real estate scam promoting “Allen’s Landing” (later Houston) as a bucolic place with hills, dales and temperate climate. The fuckers.
The first word transmitted by a human from the moon was “Houston”. And it wasn’t pronounced “Howston”.
~The Legal Spirit of Joe Jamail. Remember me, you White Plains rat bastards????? Heh heh heh.
Investorcluzo-
8 here. I live in Houston and used to work for Stanford. Enjoying watching all the show that is Stanford. They were a bunch of fuckers to work for and they deserve all the shit that is coming their way. Laura was one who didn’t know a fucking thing about finance but was getting paid $1mil/ year and was a cunt. Stupid people who didn’t know shit, wouldn’t listen to people who had experience in the industry and when the fuck-ups had to be dealt with, they all ran to Uncle Allen who just whipped out his checkbook.
It wasn’t a ponzi scheme. It just grew too fast and the idiots who were promising returns and created huge overhead couldn’t find enough investments to stay solvent. Allen, Jim, Laura, Danny Bogar, Jay Comeaux, Jason Green, Zack Parrish, Mark Stys, Bernie Young, Jason D’Amato, etc, etc, etc all were arrogant assholes that I believe deserve to be run out of the industry.
Didn’t Jim Davis draw the Garfield cartoons? What a wide range of talents he has..
@20: “….all were arrogant assholes that I believe deserve to be run out of the industry.”
If we ran all the people out of the industry who possessed those characteristics there would be no banking system, no natural gas basis traders or refiner oil buyers in this country.
And probably half the fuel buyers in St. Louis….can’t leave them out.
http://www.AnotherOneBitesTheDust.com
we will be featuring this and other nit wit, crash and burn, turn! turn! turn!
fiasco fire sale stories
look for us on twitter…. now
http://www.twitter.com/heybite
http://www.AnotherOneBitesTheDust.com
we will be featuring this and other nit wit, crash and burn, turn! turn! turn!
fiasco fire sale stories
look for us on twitter…. now
http://www.twitter.com/heybite
When you run an $8 billion investment portfolio, how do you pick as your Chief Investment Officer a 35 year old with no previous professional experience on their resume, never even took CFA I, didn’t have a Series 7 and didn’t understand how to use Excel?
@25
Because she’s hot to trot. It’s that simple.
@25….They allegedly used sort of the same hiring criteria at SemGroup’s crude oil option trading department. Paid them $1.5 million annually too according to a report by Louis Freeh.
@25 uh, because you made a fucking killing on her at Churchill Downs in the 7th and you feel like you owe her one.
LPH should show up to the SEC’s offices in DC and offer to turn herself in in response to their criminal complaint against her.
@28 drop the mike and go home. nailed it.
@20 – interesting. I know a guy that got a call from a headhunter looking for a banker to run M&T for this “up and coming” boutique i-bank. the firm was willing to pay 70% of any revenues brought in addition to paying top dollar in salary. this was back in november (when the market was still a clusterfk)…yep it was stanford. thankfully my friend didn’t take the interview. just goes to show, if it’s too good to be true, it usually is…uncle allen indeed.
@25 – that explains it, now we know why she looked so carefree walking into the courthouse. why would a woman with said non-qualifications be the CIO? it does not make sense! she couldn’t have known what was going on.
http://www.southparkstudios.com/clips/103454
@28: Well done. Props to you, sir/madame.
@28 ftw
just saw her on CNBC…
its good to see that she is in good spirits, what with this stanford mess — and of course the death of her brother Barbaro.
@28 walk away from the computer and never come back…it’s only downhill from here brother.
Remember when bringing women into the workplace/universities/military would be good for all as they would civilize men and make them better people? Yeah, me too.
Custer: Hey, they look like friendly Indians!
My boss at Stanford looked like Mrs. Doubtfire, no shit, she literally looked like Robin Williams in drag. I did a side by side comparison of their pictures, except for the phony saccharine smile my boss had, there was no difference. Horseface LPH was a goddess compared to the boss I had. To be fair though, most of the ladies within the Stanford organization were actually quite lovely women who would probably be repulsed by the very thought of doing either Sir RAS or JD. Obviously the cousins LPH and Heather, being related, both have their family’s lack of gag reflex and taste.
This is finally starting to make sense. Allen Stanford is listed as one of two owners of Elandia according to SEC filing. It appears that Allen Stanford has a merry band of thieves that operate in true “Stanford form”.
This story is getting better by the minute. I didn’t realize just how far back Stanford goes. The Elandia SEC filing shows him as major shareholder with Kelton.
According to a SEC filing, Allen Stanford forced Sydney Trip Camper to resign from Elandia a few years back when a money deal went bad.
Petty minions like Sydney Donald “Trip” Camper are part of this network of scammers. According to the SEC filing, Trip Camper was forced to resign from Elandia by Stanford himself a few years back because a deal went bad with a certain Mr. Ahkoy (see link below to see letter to board of directors). As any good con would do, Mr. Camper immediately moved on to another state, to his next victim – a privately owned “OTC” company.
According to a VERY reliable source: After a promise to take the company public, a free trip to London with his friends, a company Amex Credit Card, and thousands of dollars later, Mr. Camper managed to illegally get shares of the company stock signed over to himself and his partner in crime, Ed Berkhof. Eventually they performed a hostile takeover that was so illegal that only now do I understand the big picture and the history of their PONZI schemes – Sir Allen Stanford! Their pattern is to use other people’s money to attract more loans, etc. Because they’re actually using this loan money to pay themselves and their creditors, it caught up to them – finally!
Well Sir Allen Stanford is now in the hands of the FBI and I can’t wait to see the way this story ends. I’m sure there will be plenty of finger pointing so I think I’ll get some popcorn and watch the show.
Funny thing is Mr. Camper continues to boldly list The Stanford Group as a “reference” on his curriculum vitae! LOL
Mr. Camper also lists Danny Bogar, President of Stanford Group Holdings as a reference. NOTE: If anyone is looking to hire Mr. Camper, ummm, don’t bother calling Mr. Bogar because he’s on his way to the big house.
Bad boys bad boys, whatchu gonna do, whatchu gonna do when they come for you!!!!! Interesting links below.
http://www.secinfo.com/d14D5a.v6Q98.c.htm
http://www.secinfo.com/d14D5a.v5Fxp.c.htm
http://fsmprint.wordpress.com/2009/06/24/trip-camper-chairman-of-wealth-management-committee/
http://fsmprint.wordpress.com/2008/11/13/trip-camper/
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