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Video: Massive fraud by Texan billionaire Allen Stanford

Video: Massive fraud by Texan billionaire Allen Stanford

Bernard Hickey details the key news overnight, including the Dow's sharp fall on bank nationalization fears and the SEC's allegation of "massive fraud" by Texan billionaire "Sir" Allen Stanford. He has a bank in Antigua and was the guy behind the crazy US$20 million 20-20 cricket match between England and the West Indies.

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