Posts Tagged ‘R. Allen Stanford’

The Carnival of Latin America and the Caribbean

Monday, March 25th, 2013

Stanford Victims Will Benefit From $300M Settlement

Imprisoned priest Francisco Jalics breaks silence over Pope Francis, clearing him for involvement in ‘Dirty War’
Jalics had been silent for years in a German monastery. He once thought then-Cardinal Bergoglio played a role in his arrest

Social Justice And Pope Francis: Choosing Freedom Over Serfdom

After Frosty Past, Pope Meets Argentine Leader

Making nice? Argentina’s Kirchner and Pope Francis meet in Rome (+video)
Beneath the cordial meeting today between new Pope Francis and President Kirchner lies a rocky and strained relationship that stretches back to 2004.

[Additional video below the fold]

Indians, police clash at Rio complex near Maracana to be razed for 2014 World Cup

Brazil’s opposition
The Minas medicine
Aécio Neves ran his state well. But he may struggle to convince voters that his formula is right for the presidency

Wave of prawn deaths baffles Chile city of Coronel
Thousands of dead prawns have washed up on a beach in Chile, sparking an investigation.
Hundreds of dead crabs were also washed ashore in Coronel city, about 530km (330 miles) from the capital, Santiago.

Ten years later, Colombia nabs rebel linked to Uribe inauguration attack. What’s with the “rebel” thing? The guy’s a terrorist.

Starbucks buys coffee farm in Costa Rica (h/t DP)

African Politicians Laundering Money Through Cuba

Daughter of Oswaldo Paya demands international inquiry into his death

Dominican Republic detains 35 soldiers and police, 4 French citizens in drug investigation

République dominicaine : démantèlement d’un réseau de trafic de drogue vers la France

Ecuadorian diplomacy fails in his attempt to change the IACHR reforms

Guatemala ex-ruler Rios Montt on trial for genocide
The trial of the former military ruler of Guatemala, Efrain Rios Montt, for genocide and crimes against humanity has begun in Guatemala City.

Seldom Tried Honduran Dishes Made from Unusual Root Crops (h/t DP)

Heads of state at the Papal inauguration, Bayly style (in Spanish),

Mexico’s attorney general says no motive yet in US car shooting that wounded 2 CIA agents

Panama Canal Minister: Deepen Port of Savannah

Petroperú to Take Over Former Talisman Concession in Peru
Petróleos del Perú SA plans to take over operations at Block 64 in northern Peru, an important step for the state-owned oil company to return to upstream operations.

Puerto Rico: US army drills ‘did not cause illnesses’

Venezuela Acts to Ease Dollar Shortage

Chavez trek

The week’s posts:
Pope Francis not dancing to Cristina’s tune

Yoani Sanchez meets Marco Rubio

Latino demographics: Integration is the key factor

Mexico: Will PEMEX reforms come to pass?

Correcting my error on my article on Pope Francis



The Carnival of Latin America and the Caribbean

Monday, June 18th, 2012

Stanford Sentenced to 110 Years in Prison for Ponzi Scheme

Peso Blues

Talk Radio Gives Voice to Falklands Veterans
Thirty Years After U.K. Victory, Argentines Work Through Their Trauma on the Air; ‘Like a Psychiatrist’s Couch’

The shows highlight Argentine veterans’ difficult postwar adjustment process. A repressive military government mobilized the veterans, often conscripts from working-class backgrounds, for Argentina’s 1982 invasion of the islands in a last-ditch bid to rally popular support. Argentina’s leadership hadn’t expected the British to dispatch its own invasion force to retake the islands. Argentine troops were left underequipped and with only an improvised plan to confront the professional U.K. army.

Britain warns Argentina over Falklands “aggression”

UK must ‘negotiate’ over Falklands sovereignty Argentina President Cristina Kirchner tells UN
Argentina’s President Cristina Kirchner tells the UN that negotiations between the UK and Argentina would benefit ‘all countries around the world’.

Princeton U goes on the road: Lacrosse Team from American Ivy League School Visits Costa Rica

Sen. Bob Menendez regarding the arrest of Cuban pro-democracy leader

The gringo was Russian, The Fish That Ate the Whale:
The Life and Times of America’s Banana King
, via American Digest.

ALBA attacks justice, human rights

Falkland Islands to hold referendum on sovereignty
The Falkland Islands will hold a referendum on its “political status” in a bid to end the dispute with Argentina over the archipelago’s sovereignty.

The referendum will be organised by the Falkland Islands government and will take place in the first half of next year.

NBC Breaks Two Year Embargo on Fast & Furious; Offers Viewers a Detailed Account of Lethal Covert Operation That No One Authorized

The NYTimes magazine has a must-read report, Cocaine Incorporated (h/t AD), with a yowza,

In 2007, Mexican authorities raided the home of Zhenli Ye Gon, a Chinese-Mexican businessman who is believed to have supplied meth-precursor chemicals to the cartel, and discovered $206 million, the largest cash seizure in history. And that was the money Zhenli held onto — he was an inveterate gambler, who once blew so much cash in Las Vegas that one of the casinos presented him, in consolation, with a Rolls-Royce. “How much money do you have to lose in the casino for them to give you a Rolls-Royce?” Tony Placido, the D.E.A. intelligence official, asked. (The astonishing answer, in Zhenli’s case, is $72 million at a single casino in a single year.)

Go read every word.

Venezuela buys 12.56% of Nicaragua exports
Nicaragua’s global exports have increased by 11% in 2012

Venezuela court decisions shake up 2 small parties

The TEA Party and the GOP can learn a thing or two from Venezuela.

Venezuelans consider the unthinkable: a government without Chavez

“A sunny place for shady people”, Sideways.

The week’s posts:
Chavez’s Iranian drones

Low expectations for the G20

The racing Zetas


The Carnival of Latin America and the Caribbean

Monday, January 31st, 2011

LatinAmerIn today’s news, the US Embassy in Caracas is closed due to threats, according to El Universa (h/t Vlad). The nature of the threats was not specified.

While the world’s attention is focused on the Middle East, here are several of the news stories in our hemisphere this week,


Central America, crime, and what the Americas are doing about it

Argentine Wheat Exports May Fall to Lowest in Almost 30 Years

Following up on a story from a few years ago, Stanford Judged Incompetent to Stand Trial

Business in Brazil
Top whack
Big country, big pay cheques

Brazil’s Canny Asia Game
Former Brazilian President Lula da Silva oversaw a period of growing influence in the Asia-Pacific. Will his successor follow suit?

Copper Law

Colombia economy: Post-flood emergency mode

Italian Parliament commits to the freedom of Cuba’s political prisoners

On those New OFAC regulations on Cuba travel released

The interesting thing here is that when originally reported it appeared that remitters would not be able to send more than $500 to Cuba per quarter. It now seems, however, that U.S. citizens can send $2,000 a year to as many qualified Cubans as they like. I’m not a lawyer and I received this information too late to call OFAC, so I can’t say for certain.

Cuba political prisoner Guido Sigler responds with defiance to Castro’s blackmail

Obama’s heading to El Salvador in March. Obama and El Salvador

If there is one thing all media outlets can agree on, it is that they have no idea why President Obama is going to El Salvador.

Salvadoreños al tanto de la visita de Obama antes de su discurso

Update on Liz

Saddling up for the trail to Los Pinos
Can anyone stop Enrique Peña Nieto restoring the PRI to power next year?

What is economic freedom?

S. Korea to get FTA but not Panama

State Department says relations with Peru “never been this strong”

Back when I was a student at the University of Puerto Rico, the students were protesting. No change on that front,


After the Flood in Venezuela
Housing the estimated 130,000 homeless people is drastically more difficult thanks to Hugo Chávez’s nationalizations and regulations in the construction industry.

How a bully Dictator like Hugo Chavez runs Venezuela

How people in Taiwan see Hugo,

Venezuela tells foreign oil firms to keep output at 3.1 mn bpd

Hugo Chávez’s Venezuela
Charting a course to irrelevance
The Inter-American Democratic Charter is proven toothless

Investing in Venezuela’s Future

English language chavismo in the web on the decline

The week’s posts,
Chavez says Egpyt embassy briefly taken over by protestors
Muslim cleric catapults to fame by crossing the border
Catapult over the border!
Tanks for Hugo, bankrupt states, the Supremes, and the roundup


The Olympic Rio Carnival of Latin America and the Caribbean

Monday, October 5th, 2009

Welcome to the Carnival of Latin America and the Caribbean. The week’s big story: Rio de Janeiro gets the 2016 Olympics.

In Honduras, a US Senate delegation and a House delegation have visited the country since Friday. The New Republic’s James Kirchick writes on Ousting Zelaya
Is Obama on the wrong side of the Honduran constitutional crisis?

The events of the past several months reveal a lack of consistency in Obama’s approach to various foreign conflicts. How does this administration justify its recognition of results of elections in Pakistan, Iraq, and other countries mired in constitutional disputes, but now refuse to recognize an election in Honduras, even if it is conducted in a free and fair manner? And why give greater diplomatic dignity to the representatives of Iran–who have no legitimacy whatsoever–and not those of democratic Honduras? Even after blatantly stealing the presidential election, the White House referred to Ahmadinejad as the “the elected leader” of Iran (which White House spokesman Robert Gibbs later had to retract).

In the immediate wake of Honduras’s constitutional crisis, it was understandable that the administration, caught by surprise, might jump the gun in its denunciation of the military action as a “coup.” Now, three months later and with legal repudiation from within its own government, U.S. policy has become a mistake in search of a rationale.

ED-AK275_amcol0_D_20091004111149LATIN AMERICA:
Don’t miss Mary O’Grady’s excellent article in today’s WSJ: Revolutionary Anti-Semitism
Chávez imports Ahmadinejad’s ideology to Latin America.

The Honduras debate is not really about Honduras. It is about whether it is possible to stop the spread of chavismo and all it implies, including nuclear proliferation and terrorism in Latin America. Most troubling is the unflinching support for Mr. Zelaya from President Barack Obama and Democratic Sen. John Kerry—despite the Law Library of Congress review that shows that Mr. Zelaya’s removal from office was legal, and the clear evidence that he is Mr. Chávez’s man in Tegucigalpa. On Thursday, Mr. Kerry took the unprecedented step of trying to block a fact-finding mission to Honduras by Republican Sen. Jim DeMint, who is resisting Mr. Obama’s efforts to restore Mr. Zelaya to power.

Otto Reich talking about Honduras, Venezuela and Obama:

Did lawyers’ legal advice aid Allen Stanford’s banking empire?

Elecciones para consolidar el autoritarismo

BRICs Insist on Greater Voice at IMF, Brazil’s Mantega Says

Reclaiming History

Agustin Cervantes, Cuban Political Prisoner of the Week, 10/4/09

Some details emerge of 2 foiled concerts

Ecuador’s president: Correa and the golden ponchos
A popular leader faces mounting opposition on both left and right

Funding Evil

Guatemala: A Source of Weapons for Mexican Criminals

For the latest updates with in-country blogging, check out La Gringa. Her latest today: Sorry no refund policy for Zelaya

Kerry’s Banana Politics
Congress: Banana republic politics aren’t just confined to Honduras these days. On Thursday, Sen. John Kerry tried to halt Sen. Jim DeMint’s trip there in a tit-for-tat slap. And he thinks it’s Hondurans who need dialogue?

Zelaya’s Chief Propagandist Endorses Hitler and the Holocaust

Honduras’s power struggle: Cracks within and without
Micheletti overplays his hand

Jim DeMint Criticized for Fact Finding Mission to Honduras by History Revisionist

Is Obama’s Handling of Honduras a View of Our Future?

Eye-Rubbing Hypocrisy of Delahunt & Co.

Democrats and Honduras

Jewish Leaders Outraged Over Obama’s Pal Zelaya’s Anti-Semitic Remarks

Mexico’s troubled oil industry: How many Mexicans does it take to drill an oil well?
More than 140,000, and even then they’re not very good at it. For this, now acute, problem, blame the politicians

Mosto Bistro Again

Education in Uruguay: Laptops for all
A pioneering project’s chequered start

Politics and Prison in Venezuela
Student Protester’s Saga Shines New Light on Chávez’s Approach to Dissent

Only in Venezuela, part 58,271,943

Eva Golinger: US Will Attack Venezuela

VenEconomy: Victory for the Leader…

A surreal holiday

XXIst Century Socialism Union Leaders, race horses included

You can play a great game and still not win,”

Sharp rise in Chinese arrests at U.S. border
At least 261 have been arrested this year trying to cross near Tucson. Illegal Chinese immigrants can be big money for smugglers.

Sophisticated Asian mafias organize intricate journeys to the U.S. A typical route leads from Beijing to Rome to Caracas, Venezuela, to Mexico City to the border, according to Matthew Allen, chief agent of the Phoenix office of Immigration and Customs Enforcement.

Special thanks to the Baron, Dick, El Marco, Eneas, Larwyn, Maggie and Maria.

This week’s posts and podcasts
Rio and the crime problem
DeMint’s trip to Honduras is on; UPDATE: photo from the visit
Kerry’s political blackmail
Lula, Arias, Honduras, and the US: 15 Minutes on Latin America
Newt on Honduras
Is it time to confront Hugo Chavez? 15 Minutes on Latin America
Honduras suspends civil liberties: 15 Minutes on Latin America UPDATE: Micheletti will restore civil liberties
U.S. blasts Zelaya for “foolish” return

Welcome, Dodgeblogium readers. Please visit often!

Allen Stanford and US lawmakers

Tuesday, February 24th, 2009

In today’s podcast at 11AM Eastern, Stanford and Firm Spent $7.2 Million on Lawmakers. How the resident of St. Croix and holder of dual US-Antigua citizenships Texan billionaire supported American politicians.

Related links:
Moe Lane: Charlie Rangel (D, NY-15) to donate part of Stanford money, and the difference was a $25 grand check to the Rangel for Victory Fund Campaign Money figures.
Newsday: Janison: Campaigns shedding donors in financial scandal
WSJ: Texas Businessman Sought Influence in Corridors of Capitol
Via Babalu, Rogue Financier Stanford Linked to Fund Run by Bidens, Stanford Had Links to a Fund Run by Bidens
Hunter Biden: Stanford associate.

Chat’s open at 10:45AM, and if you can’t listen to the live podcast, it’s archived for your convenience.

Stanford found: 15 Minutes on Latin America

Friday, February 20th, 2009

In today’s podcast: The FBI finds Allen Stanford in Virginia, and how he burned investors in six countries.

Chat’s open by 10:45AM and the call in number is 646 652-2639. The podcasts are archived for your listening convenience. Don’t miss it!


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The Stanford Bank scam & the missing crook, Part 2

Thursday, February 19th, 2009

7PM Eastern: CNBC reports that Allen Stanford has been found in Virginia by FBI agents

My news roundup article, Missing Stanford and His Destructive Path is up at Real Clear World Blog. Please read it and leave a comment.

Still on the Stanford subject,

A comparison between Stanford and Madoff at the WSJ:


And a note on the bloggers’ influence in the investigation, from The Economist,

The SEC stepped up its probe after its Madoff mis-steps. But a bigger impetus may have been a deeply sceptical report on Stanford’s investment returns, published in January by Alex Dalmady, an independent analyst. The blogosphere picked this up, and within days it was making headlines worldwide. This offers hope for those who despair of the SEC’s bungling, suggesting that in the internet age forensic vigilantes and devil-may-care bloggers can, to some extent, fill the gap left by dilatory regulators and libel-constrained mainstream media.


R. Allen Stanford and his employees contributed $31,750 to Barack Obama’s presidential run, making the new president the third-largest recipient of Stanford campaign cash, according to the Center for Responsive Politics.

An Obama aide, speaking on condition of anonymity, said the money was donated yesterday to charity.

Ain’t that the truth

This new scandal, coupled with Bernard Madoff’s pyramid, plus the Colombian pyramids scheme, plus the Brazilian and Mexican derivatives scandals that triggered a tumble in stocks, is helping erode the confidence in financial markets built up for years, and giving another excuse to populist presidents and politicians (most them opportunistic idiots) for launching attacks on banks and free markets and corporate independence.

Check out also The Devil’s Excrement‘s posts on Stanford, which Kate recommends in the comments.

Earlier today: Part 1 & Podcast.


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The Stanford Bank scam & the missing crook

Thursday, February 19th, 2009


Accused Financier Under Federal Drug Investigation

Authorities tell ABC News that as part of the investigation, which has been ongoing since last year, Mexican authorities detained one of Stanford’s private planes. According to officials, checks found inside the plane were believed to be connected to the Gulf cartel, reputed to be Mexico’s most violent gang. Authorities say Stanford could potentially face criminal charges of money laundering and bribery of foreign officials.

Authorities say the SEC action against Stanford Tuesday may have complicated the federal drug investigation.

The federal investigation, however, did not stop Stanford from using corporate money to become a big man at last year’s Democratic convention in Denver.

A video posted on the firm’s web-site shows Stanford, now sought by U.S. Marshals, being hugged by Speaker of the House Nancy Pelosi and praised by former President Bill Clinton for helping to finance a convention-related forum and party put on by the National Democratic Institute.

Moe Lane asks, Did Mexican drug money help subsidize the Democratic Convention?

Over in Venezuela, Venezuela ‘takes over local Stanford bank’

I’ll be talking about this in today’s podcast at 11AM Eastern.

I’m also working on a post and roundup for Real Clear World. Will link to it here, of course.


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