Wall Street Manna

An irreverent look at Wall Street

Sunday, February 22, 2009

Why is Stanford money going to charities?

All the political hacks that received money from Stanford are now donating the money to charity. It's not their money!

It's investors money, and this money should go to the trustee of the Stanford Receivership.
http://stanfordfinancialreceivership.com/

It doesn't go from a politicians pocket to a charity, but the money needs to be clawed back from these politicians and given back to those who invested with Stanford.

At least, then the money is going into the hands of the rightful owners.

Instead the politicians wash their hands by giving investors money to charity!

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