Since the SEC called Ponzi scheme on Allen Stanford’s ass, things have no been going so well for the Houston-based “billionaire.” He was “deprived” of being listed as the 405th wealthiest person in the world by Forbes, which caused many tearful nights. He was forced to fly commercial for the first time, in almost two decades, which was harrowing. He got the shit kicked out of him in a prisonyard brawl, which was humiliating. And he coughed up blood in the middle of a courtroom, in a failed attempt to get an upgrade in his accomodations behind bars. Through it all though, there was one thing he could cling to, one thing that kept him warm at night. One thing that staved off the demons. And that was the knowledge that despite being an accused criminal who wasn’t recognized by Forbes for his (likely) illegal-obtained riches, he was in good company with guys like Elton John. Now, he doesn’t even have that.
It’s no longer “Sir” Allen Stanford. The panel that approves candidates for knighthood in the Caribbean nation of Antigua and Barbuda has voted to rescind the honor granted to Texas financier R. Allen Stanford in 2006.
The chairwoman of the National Honors Committee says the panel voted unanimously to revoke Stanford’s title. Jacqui Quinn-Leandro said today the panel took the action because of the embarrassment Stanford caused the country with the alleged Ponzi scheme he ran from his Antigua-based offshore bank.
Posted by guest , Nov 02, 2009 1:59PM
I feel for the guy. what a shame.
- Walter Noel
Mare Farm, CT
Posted by guest , Nov 02, 2009 2:05PM
Bess, I think the Billionaire should be in air-quotes i.e.
Texas " Billionaire " Allen Stanford, pictured above, in the orange jump suit ... blah, blah
While I'm at it: I'm pretty sure that all the members of the " Honors Committee " are white. This is the Caribbean after all. Just Sayin'
Posted by guest , Nov 02, 2009 2:05PM
I'll always be here for you, Tiny Dancer.
-EJ
Posted by guest , Nov 02, 2009 2:08PM
Bess, you make me hornier than Allen Stamford at a cricket match.
Porter Staindberry
Posted by guest , Nov 02, 2009 2:12PM
is he going to cry about it? again?
Posted by guest , Nov 02, 2009 2:17PM
someone's going to get punch in the mouth for this.
Posted by guest , Nov 02, 2009 2:19PM
You see, Stanford was a simple country boy. You might say a cockeyed optimist,
who got himself mixed up in the high stakes game of world diplomacy and international intrigue.
Posted by wcburrs87 , Nov 02, 2009 2:22PM
@2 - wrong on both accounts.
Posted by guest , Nov 02, 2009 2:27PM
@8 YOU LIE!!!
Posted by guest , Nov 02, 2009 2:43PM
And that butthead cheated on his wife with an Argentinian gal while hiking the Appaloosa Trail, too!
~Karl Lugummer
Lt., Idaho Minute Guys
On top of My Suburban Looking for Mexicans
Jock Itch, TX
Posted by guest , Nov 02, 2009 2:43PM
Allen Stanford is a shitheel.
Posted by guest , Nov 02, 2009 2:50PM
*Sniff* He'll always be a "Sir" in my book.
Shareef Musqara
Antigua Russian Bath
Towel Administrator
Posted by guest , Nov 02, 2009 2:51PM
Please settle an argument for us. If BP are writing "shitheel" in a report on US domestic oil trading controversies, should a reader pronounce "shitheel" as "shi-THEEL" or "shit-heel"?
~UK Stylebook Editor
Posted by guest , Nov 02, 2009 2:54PM
R. Allen looks like he is wearing a Tennessee Vol tuxedo.
Posted by pfluger , Nov 02, 2009 2:54PM
Why hasn't anyone said that he looks so regal in that picture?
Posted by guest , Nov 02, 2009 2:55PM
he looks so constipated in that picture.
Posted by guest , Nov 02, 2009 2:57PM
Bess,
Can I crash on your couch tonight? My mom kicked me out of the house.
Greg
Posted by Investorcluzo , Nov 02, 2009 2:57PM
whoa, you mean he wasn't knighted by the "real" brits? just the fake ones down in barbuda? this guy is a fake! someone call the queen.
bessy - I believe the term is "alleged" not "likely"...
Posted by Walm , Nov 03, 2009 4:35AM
He was never up there with Sir Elton. There is a big difference between The Queen knighting you and some banana republic/tax shelter/ponzi haven dishing out the honours.
Plus, his singing is rubbish.
Posted by jakedog , Nov 03, 2009 8:55AM
After hearing that Stanford's cellmate was 6' 11" and weighed 385 pounds, the panel changed Sir Allen's status to Princess or Little Queenie.