Apparently, Sir Allen was working on a "private island" development for all his favorite victims pals. Thirty estates, exclusivity, undisclosed location. All we need now is to blow up Tim Geithner's seaplane with a solar powered laser and for Nick Nack to show up and start tempting regulators into a funhouse gun battle on the Man With The Golden Gun's private island. (Of course, that island was near Thailand, not the Caribbean, but still- you get the point).
Scheduled to open in 2011, it would have featured the largest private aviation complex in the world, Forbes said, with enough room to park 100 private jets as well as a jumbo marina with enough dock space for 30 massive yachts. The super-exclusive resort would require members to shell out a $50 million deposit, which would be refunded if they left the development. That was on top of the $15 million annual membership fee.
No word on the actual presence of a solar powered laser on the island, but we wouldn't be the least bit surprised. Stanford was nothing if not environmentally conscious.
Allen Stanford's Mystery Island [Dealbook]