Comments for Stanford victims tape their heartbreaking stories at http://www.theind.com , comment 1 to 12 out of 12 comments http://www.theind.com Wed, 22 May 2013 22:01:46 +0100 FeedCreator 1.7.3 http://www.theind.com/home/4509#comment-1311 written by Baton Rouge investor , June 09, 2009 "I have never been a "victim" in my life" You are lucky (up to this point at least). - Zip Your Pants Wed, 10 Jun 2009 09:41:24 +0100 http://www.theind.com/home/4509#comment-1301 I can assure you it does not make me feel better that you lost money. At least now I know that you do have an inside scope on what we are dealing with. I am very happy that you have recovered. You are correct in the assumption that we are learning a big lesson. But I ask you as an American Citizen, is this lesson necessary? I have learned that I cannot trust a government that sanctions, license and bonds a company and then does not police this entity. There is a distinct difference in a downward spiral of the economy and out and out grand theft. I will recover, make no doubt about that. I will do what is necessary to recover. I have never been a "victim" in my life and I refuse to adopt that mentality. Granted I felt that way for a while, but then I just got really angry. I am past the anger for the most part, now I am seeking justice. This I will have too, both criminally and civilly. I just hope that my country and state does not let me down on this also. Best of luck Zip. - Baton Rouge investor Tue, 09 Jun 2009 14:22:44 +0100 http://www.theind.com/home/4509#comment-1296 "So Zip, are you an investor? ...to hear from you". I do have investments but not at Stanford. Over the years, similar scams have come and gone, and I avoided them. One I remember was buying life insurance on people who had aids (I didn't have any, insurance or aids). To make you feel better, three times I lost money in public companies (they went under) but I have made money too. Since October 2008, I have been buying equities. At the time it went against emotion but it is starting to pay off. As to your broker (Stanford I presume), Stanford was not in the mainstream. As such, I was not surprised when the story broke. It took a few years but I learned the two most important things about investing; risk and probability. Stanford investors are now getting a big lesson on these two subjects. - Zip Your Pants Tue, 09 Jun 2009 12:56:56 +0100 http://www.theind.com/home/4509#comment-1294 Broad spectrum comments are absolutely unwarranted in this situation. Some of these investors, such as myself have been in this company for years. I was invested at 1.5% above the CD rate offered in my bank at the time of investment. Fact remains, I paid a broker to protect my interest and keep me informed as to the stability of the company(s) I had investments in. HE DID NOT. He did however spin a very compelling tale of stability, liquidity within the holding bank, and INSURANCE. So Zip, are you an investor? Can you speak with knowledge from within? I am anxious to hear from you. - Baton Rouge investor Tue, 09 Jun 2009 08:21:22 +0100 http://www.theind.com/home/4509#comment-1292 Sorry Zip, We did not invest today...... the rates given to us were nowhere near that. - Baton Rouge investor Tue, 09 Jun 2009 08:15:07 +0100 http://www.theind.com/home/4509#comment-1291 ââ?¬Å?The SEC said Stanford International Bank offered CDs paying anywhere from 7.45 percent to 10 percent annual interest rates, often more than double what rivals offered. The SEC said Stanford Group advisers, who were paid hefty commission fees, aggressively marketed these CDs to investors around the world.---- Washington Post Wednesday, February 18, 2009ââ?¬Â Using todayââ?¬â?¢s rates, it was 4 or 5 times. "I might suggest that you are possibly involved with, be or be kin to a broker." Sorry, no. - Zip Your Pants Mon, 08 Jun 2009 19:57:59 +0100 http://www.theind.com/home/4509#comment-1290 I will not comment on any legal action that I may or maynot be involved in at this time. That has absolutely no bearing on the facts of this case. As far as my broker is concerned, he can be assured I am playing the hand he has dealt me. - Baton Rouge investor Mon, 08 Jun 2009 19:32:33 +0100 http://www.theind.com/home/4509#comment-1288 Northsidian, Not commenting on personal actions or group actions I or anyone I associate with is involved in at this time. That has absolutely no bearing on the facts of this case. If I do or have chosen to take action against my former broker he can assume I simply played the hand he dealt me. - Baton Rouge investor Mon, 08 Jun 2009 18:40:34 +0100 http://www.theind.com/home/4509#comment-1287 Baton Rouge investor. Did you sue your advisor yet? And if not, why? - Northsidian Mon, 08 Jun 2009 17:06:58 +0100 http://www.theind.com/home/4509#comment-1284 I can assure the two previous posters that in our wildest dreams we were never offered CDs at 5 times the national rate? I would also suggest to the uneducated contributors you might try to EDUCATE yourself BEFORE making a total fool of yourself. I might suggest that you are possibly involved with, be or be kin to a broker. How else could you ever have such a slanted, ignorant view to the total devastation caused by these brokers and the the "powers that be" within the upper echelon of the Allen Stanford Companies, (over 200 companies to be exact.) I might also suggest to the simpletons who chose to comment on something so complicated to take at least, oh let's say, at least 4, that's FOUR months out of your life to dedicate to trying to recoup the money you worked 38 years to save, invest, and retire on. We did not seek to become rich from these investments, they were not presented to us a "Get rich quick" schemes, just safe steady investments. We were doing business with AMERICAN BROKERS, in AMERICAN CITIES, with an AMERICAN COMPANY, in the UNITED STATES OF AMERICA. We were ASSURED THEY WERE SAFE AND INSURED. My agent assured me three seperate times my funds were insured. We did our due dilligence in investigating Stanford Companies and our broker. Never were we informed that the company was being investigated as early as 1999. This information was nowhere to be found on a public forum that we had access to. So ZIP and WOODY, do YOUR homework. Quit taking the word of someone that has been or is currently involved in Stanford companies and become an educated contributor. Then and only then will you have anything that is worth the space you chose to waste on this site. - Baton Rouge investor Mon, 08 Jun 2009 15:03:22 +0100 http://www.theind.com/home/4509#comment-1283 Pigs get fat hogs get slaughtered. - Woody Mon, 08 Jun 2009 14:30:02 +0100 http://www.theind.com/home/4509#comment-1282 CDs paying 5 times the national rate? No one thought this odd? How does that go about a fool and his money? - Zip Your Pants Mon, 08 Jun 2009 13:27:17 +0100