On the recordMarch 17, 2010
The SEC's Fort Worth office was aware since 1997 that Robert Allen Stanford was likely operating a Ponzi scheme.
Source
congress.govThe SEC's Fort Worth office was aware since 1997 that Robert Allen Stanford was likely operating a Ponzi scheme.
Durbin highlights SEC's long awareness of Stanford's fraudulent activities.
Share
More from Dick Durbin
To leave here without this being a law finalized to protect these young people … is painful, really painful. I don’t want them to feel like I’m abandoning them.
Changes of this magnitude with no discernible justification must be scrutinized.
You can’t survive in politics unless you’re optimistic. You’ve got to believe that even though you face a setback or you don’t have all the laws you need, that tomorrow will be better.
The lowering of the FBI's hiring standards "threaten[s] to undermine the work of the FBI and pose a grave risk to the Bureau's integrity.