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.

We welcome your help to improve our coverage of this issue. Any examples or experiences to relate? Any links to other news, data or research to shed more light on this? Any insight or views on what might happen next or what should happen next? Any errors to correct?

We welcome your comments below. If you are not already registered, please register to comment.

Remember we welcome robust, respectful and insightful debate. We don't welcome abusive or defamatory comments and will de-register those repeatedly making such comments. Our current comment policy is here.