Stanford gets 110 years for role in $7B swindle Allen Stanford has been sentenced to 110 years in prison for orchestrating one of the largest Ponzi schemes in U.S. history. The sentence was handed down Thursday by U.S. District Judge David Hittner in Houston. The financier learned his fate during a ... 06/28/2012 - 7:16 am | View Link
Texas tycoon gets 110 years for role in $7B swindle Allen Stanford had plenty of things to say Thursday before a federal judge sentenced him to 110 years in prison for bilking investors ... said Stanford’s statement to the court shows the financier cares only about himself and will never admit any wrongdoing. 06/15/2012 - 12:40 am | View Link
Texas Tycoon Gets 110 Years For Role in $7B Swindle Allen Stanford had plenty of things ... in stolen investor funds sitting in the financier's frozen foreign bank accounts in Canada, England and Switzerland. But due to legal wrangling, it could be years before the more than 21,000 investors ... 06/14/2012 - 6:51 pm | View Link
Texas Tycoon Gets 110 Years For Role In $7B Swindle Allen ... Stanford also cleared the way for U.S. authorities to go after about $330 million in stolen investor funds sitting in the financier's frozen foreign bank accounts in Canada, England and Switzerland. But due to legal wrangling, it could be years ... 06/13/2012 - 1:00 pm | View Link
A clothing company is recalling 756 girls jackets sold at Burlington Coat Factory stores in the U. S., saying drawstrings on the jackets pose a risk of strangulation.
The U. S. Consumer Product Safety Commission said Wednesday that Ram's Imports Inc.
Congress' budget office estimates that the just-announced budget deal would increase the deficit over the next two years by $41.4 billion.
The analysis also says the deal would save taxpayers $23 billion, when calculated over the coming decade.
But there's a cost when it comes to deficits.
The budget office says the bipartisan agreement would increase the deficit by $23.2 billion in 2014 and by $18.2 billion the year after that.
The deal permits $63 billion in relief from automatic spending cuts over the coming two years and substitutes $85 billion in longer-term savings and fee proposals over the coming decade.
That framework has drawn the ire of some conservatives.
The National Security Agency is secretly piggybacking on the tools that enable Internet advertisers to track consumers, using 'cookies' and location data to pinpoint targets for government hacking and to bolster surveillance.