Friday, June 19, 2009

The Chagrin of a Fallen Billionaire


The Feds caught billionaire fraudster Allen Stanford in VA Thursday night. His wealth is reported to be the creation of an international Ponzi scheme, taking new investors money to pay the profits of existing clients. CNN has the story here.

The poor sap complained a couple a months ago that he had to fly commercial airlines after the federal government confiscated his six private jets.

"They make you take your shoes off and everything," he said. "It's terrible."

Wow what a poor soul. Having to take your shoes off at security. That's definitely the worse part of being poor.

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