If you're interested in learning more about the "comfort deposits" issue and the opportunity to release huge amounts of trapped capital, here's my interview on the topic with Dave Morton, then-CFO of Seagate Technology.
Petitioners are nonresidents of Maryland who hold unpaid certificates of deposit issued by Old Court.
She said she asked if the money she had in certificates of deposit issued by Stanford International Bank was guaranteed.
Money market mutual funds that hold commercial paper and certificates of deposit issued by European banks also would be hurt.
He is accused of paying returns to investors from funds deposited by other buyers of high-interest certificates of deposit issued by his Stanford International Bank, in Antigua.
The S.E.C. charged that the fraud involved high-yield certificates of deposit issued by a Stanford affiliate, the Stanford International Bank in Antigua.
The suspected fraud involved billions of dollars of certificates of deposit issued by Stanford International Bank, located on the Caribbean island of Antigua.
Mr. Stanford, 61, is accused of leading a $7 billion international fraud scheme involving the sale of certificates of deposit issued by his bank, which was based in Antigua.
While he has repeatedly denied accusations that he ran a Ponzi scheme involving certificates of deposit issued by Stanford International Bank, he has also insisted that if anything illegal did happen, it must have been Mr. Davis's fault.
Mr. Stanford is in a Texas jail awaiting trial after the government charged him with 21 criminal counts related to what it calls a $7 billion Ponzi scheme involving certificates of deposit issued by the Stanford International Bank in Antigua.
BATON ROUGE, La .(Reuters) — Investors who lost their savings in certificates of deposit issued by the Antiguan bank of R. Allen Stanford told a Congressional panel on Monday that federal regulators had ignored warnings as early as 2003 that the bank's finances were questionable.
