{"id":9893,"date":"2009-02-17T00:00:00","date_gmt":"2009-02-17T00:00:00","guid":{"rendered":""},"modified":"-0001-11-30T00:00:00","modified_gmt":"-0001-11-30T04:00:00","slug":"stanford-investigation-sparks-fears-in-antigua","status":"publish","type":"post","link":"https:\/\/hedgeco.net\/news\/02\/2009\/stanford-investigation-sparks-fears-in-antigua.html","title":{"rendered":"Stanford investigation sparks fears in Antigua"},"content":{"rendered":"<p>MSNBC &#8211; On the streets of Antigua, Texas billionaire Allen Stanford is a controversial figure. Some embrace him while others deride him as a modern-day colonialist.<\/p>\n<p class=\"textBodyBlack\">But nearly all say they fear a U.S. investigation into the tycoon&#8217;s financial empire and Antigua-based offshore bank could damage the Caribbean island where Stanford is a household name, its biggest private employer and powerful business force.<\/p>\n<p class=\"textBodyBlack\">&quot;He&#8217;s providing jobs. He&#8217;s good for the economy. If he&#8217;s in trouble, that&#8217;s bad for us all,&quot; said George Green, manager of Cool Down Cafe, a hole-in-the-wall restaurant on a narrow street in St. John, the island&#8217;s capital.<\/p>\n<p class=\"textBodyBlack\">Green&#8217;s comment was echoed across the twin-island nation of Antigua and Barbuda on Monday as news spread of a deepening probe into Stanford&#8217;s $50 billion Houston-based investment operation, Stanford Group Co, and its Antigua-based affiliate, Stanford International Bank.<\/p>\n<p class=\"textBodyBlack\"><strong><a target=\"_blank\" href=\"http:\/\/www.hedgeco.net\/news\/news_land.php?i=http:\/\/www.msnbc.msn.com\/id\/29226468\/\">Read Complete Article<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>MSNBC &#8211; On the streets of Antigua, Texas billionaire Allen Stanford is a controversial figure. Some embrace him while others deride him as a modern-day colonialist. But nearly all say they fear a U.S. investigation into the tycoon&#8217;s financial empire [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[7617,7608,7613,7614,4602,7607,7611,7610,7612,7609,7310,5992,5287,7616,7615,7618,7606,7605,6287],"class_list":["post-9893","post","type-post","status-publish","format-standard","hentry","category-syndicated","tag-antigua-and-barbuda","tag-business-force","tag-caribbean-island","tag-controversial-figure","tag-economy","tag-financial-empire","tag-hole-in-the-wall","tag-hole-in-the-wall-restaurant","tag-household-name","tag-investment-operation","tag-island-nation","tag-jobs","tag-msnbc","tag-offshore-bank","tag-private-employer","tag-st-john","tag-stanford-group","tag-texas-billionaire","tag-tycoon"],"_links":{"self":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9893","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=9893"}],"version-history":[{"count":0,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/9893\/revisions"}],"wp:attachment":[{"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=9893"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=9893"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=9893"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}