Showing posts with label stanford financial group. Show all posts
Showing posts with label stanford financial group. Show all posts

Friday, May 27, 2011

Stanford and BDO Ponzi Scheme #CDS #collapse #global #economy #IMF contributes #transition #peakoil

Its happening. The fallout of the financial crisis of 2008 is finally unfolding around the world. Expect to see 3-10 EU nations default by December 2011

Clipped from www.bloomberg.com

“BDO’s cozy relationship with the Stanford Financial Group
was steeped in conflicts of interest and required ongoing
deception and duplicitous manipulation of the facts to enable
the Ponzi scheme to grow exponentially for over a decade,”
investors said in the complaint. “The result is the loss of
thousands of investors’ life savings.”

Stanford Investors Sue Former Auditor BDO US for $10.7 Billion Over Fraud

Read more at www.bloomberg.com