Swindles & Scams Feb 18 2009
STICKY WICKET
Trust me, I'm a banker.

Yesterday in the U.S., the Securities and Exchange Commission accused investment banker and cricket mogul Allen Stanford of operating a multi-billion dollar banking swindle. Stanford is a native of Texas, but relocated years ago to the Caribbean, where he built a cricket empire on the island of Antigua that includes an international tournament and a cricket stadium. While the SEC was busy this morning officially filing charges in federal court, depositors made runs on Stanford-owned banks in Antigua, Panama and Venezuela. Also today, the Times UK reported that Stanford had lost money to swindler extraordinaire Bernie Madoff and lied to cover it up. The flamboyant Stanford, who last year was caught on television during a match pulling one cricket player’s wife into his lap and flirting with others, has not been seen in public.

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History Rewind
The headlines that mattered yesteryear.
February 07
1985—Matt Munro Dies
English singer Matt Munro, who was one of the most popular entertainers on the international music scene during the 1960s and sang numerous hits, including the James Bond theme "From Russia with Love," dies from liver cancer at Cromwell Hospital, Kensington, London.
February 06
1958—Plane Crash Kills 8 Man U Players
British European Airways Flight 609 crashes attempting to take off from a slush-covered runway at Munich-Riem Airport in Munich, West Germany. On board the plane is the Manchester United football team, along with a number of supporters and journalists. 20 of the 44 people on board die in the crash.
February 05
1919—United Artists Is Launched
Actors Charlie Chaplin, Mary Pickford, Douglas Fairbanks, along with director D.W. Griffith, launch United Artists. Each holds a twenty percent stake, with the remaining percentage held by lawyer William Gibbs McAdoo. The company struggles for years, with Griffith soon dropping out, but eventually more partners are brought in and UA becomes a Hollywood powerhouse.
1958—U.S. Loses H-Bomb
A 7,600 pound nuclear weapon that comes to be known as the Tybee Bomb is lost by the U.S. Air Force off the coast of Savannah, Georgia, near Tybee Island. The bomb was jettisoned to save the aircrew during a practice exercise after the B-47 bomber carrying it collided in midair with an F-86 fighter plane. Following several unsuccessful searches, the bomb was presumed lost, and remains so today.
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