Saturday, March 21, 2009

Starting Blog - No More Stanford

This is my new blog.

The Stanford Blog entries have been moved to HERE

Este es el nuevo blog.

Los post sobre Stanford se han mudado a AQUI


  1. It makes me sick just to read this. I am one of Westgate Capital's victims. James Nicholson (a supposed close friend) stole my family's life savings. We sit here feeling powerless as the Securities and Exchange Commision investigates. Why didn't the SEC act when they were informed of this fraud last March by the UK? What other recourse is there but to sit and wait for the SEC to disgorge what's left and distribute it to victims? Any advice is appreciated.

  2. Misery loves company, I guess. From what I've seen in other cases, particularly the Stanford case, is that people are looking for avenues other than just waiting to get some crumbs back from their cookie.
    I must say, however, that nothing I've seen so far looks terribly promising (IMO). Intermediaries are usual targets as are regulators. But you'd have to find an angle with some chance of success...and a lawyer (an honest hard is that?) to pursue it.
    I don't know. At least try to stay on top of what the SEC is doing, so you don't get screwed over twice.

    The defunct WaMU is suing the FDIC never know.

  3. Thanks for your reply. We're considering a RICO case, at the advice of a lawyer. The SEC and Dept. of Justice advises against private suits as their case trumps all others. It's hard to know who to believe.