Stanford International financial statements are "fiction."

"Stanford International Bank's financial statements, including its investment income, are fictional," the SEC said.
http://online.wsj.com/article/SB123577641445497313.html#mod=testMod

And the "billionaire" Allen Stanford? His money, of course came from theft from investors, but he called it "loans."

$1.6 billion worth.

For starters.

Allen didn't learn the bankers way of spending money. If you are legitimate, you supposedly spend your money on concerts with Hollywood stars. Just ask Northern Trust.

Allen, spent it on women, that he wanted to make stars.

It's the Jeffrey Epstein defense!