Financial Transparency Coalition

Miami Herald - The state's role in the operation of accused swindler Allen Stanford stinks. As reported in a detailed story in this newspaper on Sunday, Florida regulators allowed Mr. Stanford to set up a dubious, one-of-a-kind office to handle vast investments, but never bothered to find out what he was doing with the money or whether he was playing by the rules.

Stanford Financial Group Executives and Former Chairman of Antiguan Bank Regulator Indicted for Fraud and Obstruction: Charges Related to $7 Billion Dollar Scheme to Defraud Investors.