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Saturday, February 4, 2012 - 11:23 AM
Stanford $7 Billion Ponzi Scheme: Former CFO Testimony
The former CFO for Stanford's companies testified that while the bank never reported an unprofitable year, to keep up the charade it reported 3Q2001 as an unprofitable quarter due to the 9/11 attacks.
Ex-Stanford exec tells jurors bank's profits faked - Yahoo! Finance
Ex-Stanford exec tells jurors bank's profits faked - Yahoo! Finance
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