Stanford: Failed drug figher, too?

Some weeks ago, cricketwithballs insinuated that Allen Stanford may, in fact, be a CIA undercover operative. As it turns out, this may not be far from the truth.

Since his empire of meaningless paper came to a crashing demise in, only three, including Laura Pendergest-Holt, chief investment officer of Stanford Financial Group, have indicted.

This is a bit odd.

Stranger have happened, of course. For instance, Paul Collingwood’s continued inclusion into the England team can be attributed to his ownership of a laminator, which he lends to backroom staff for their “Please leave the toilets as you would expect to find them” posters, pinned up in away grounds loos.

Indeed, strange things do happen. John Sweeny, of the BBC’s investigative flagship programme Panorama has accused Twatford of being in the pocket of the US Drug Enforcement Administration as a registered informant from 1990. (You can watch the entire report here.)

He's currently under the protection of the American legal authorities, who were presumably happy for him to steal $8 billion of other people's money in return with the valuable information that brought about the complete cessation all trade in drugs.

This seems a little tenuous to me, and very little evidence supports this claim.

Most interesting is the ECB’s continued claims that it conducted adequate due diligence. Although, it states that all is fine because:

“ECB is not a financial regulatory body. No regulatory body expressed any concerns about Stanford when we announced the contract in June 2008.”

Bless. Horrid money confuses them.

But there is another admission:

“ECB conducted due diligence on the original deal.”

Notice “the deal” and not the man. Hitherto, the ECB has laughable claimed that it had been professional and thorough in its background checks. But now says that it only looked into the project, not the man. (See full statement here.)

The man who was bankrupt; lost his banking licence in Montserrat; was wanted by the Floridian authorities for multi-million dollar tax non-payment; and openly on the SEC “He’s a bit dodgy” list.

For some reason, the Australians, Indians, South Africans and the money fetishist ICC didn’t want anything to do with this snake-oiled cheat. And yet the ECB has been untouched by their involvement with the Black Hole of Antigua.

They haven’t even had the foresight to make the illegal immigrant cleaner into a scapegoat. Everything about this shocks me.

Anyway, John Sweeny: kudos.

Alan Stanford: International Super Villain

Obviously, everyone knew this already. Just look at the teeth.

And his attempt to destroy cricket didn’t win too many fans amongst the cricketing fraternity. Although, it improved his standing in BCCI Towers.

Alan Stanford has been accused on non-transparent practices in dealing with clients' investments. They they thought their investments were being held in liquid assets, but, in fact, they were ploughed into property. Outside the world of finance this is called “lying”. The chief investment officer instructed staff to not inform investors about Stanford’s investment practices, as it “wouldn’t leave an investor with a lot of confidence”.

The classic signs of financial fraud were apparent for all to see: “off-shore financing” is another way of saying “I’m stealing your money”; Stanford has had his banking licence in Montserrat revoked for dubious dealings; smooth year-on-year returns; and law enforcement investigations since the early nineties. Even before the SEC accused him of an $8 billion “massive ongoing fraud” the US tax authorities were trying to recover $104,236,285.85 federal tax lien.

Now there is possible exposure to the Bernard Madoff Ponzi scheme, alleged connections to gulf gangsters and 30,000 investors have unsuccessfully sought to get their money back. Hilariously, he went on the run, and was eventually tracked down to (one of) his girlfriend’s house in Virginia. Which was also the area that Robert E. Lee conducted his last desperate rear-guard action before surrendering to the inevitable encircling of reality.

Stanford’s dad has come out to say that he thinks he’s a good guy, so I suppose that makes it ok.

Of course, it would be a bit smug of me to say that I work for an organisation that constantly vets all those that it works for, and that a simple investigation on well-known internet search programmes are a start in the process of due diligence, which, in itself, is a lengthy, but simple procedure. I won’t say any of these things, though, because, rather like Giles Clarke, I am above the fray. I don’t want the legacy of this post to be about a lying Texan.

The question is: Has the ECB moved on from the 19th century? Well, it still has the shameless appetite for foreign treasure. It still holds archaic bureaucratic practices that strangle the game. But, most pressingly, it is still run by Old Boys.

The problem with Old Boys is that when they look on another male, about a similar age, and with heaps of cash, they welcome the decent old chap into their open bosom.

“Come on in, old bean, put your feet up, relax, lighten the load and leave your cash by the door as you come in, my dear thing.”

Thoughts like “I wonder where that money comes from” would never enter an Old Boy’s cheery, port-soaked brain. Money, of course, is vulgar; necessary but vulgar. That a professional businessman like Clarke didn’t even consider the reputational risk of Stanford is remarkable, but, really, the information is there for all to see.

I’ve been having a little root around Stanford’s site. The news section has not been updated since the 3rd February. Presumably, the Communications team are hiding in their girlfriends' house. Apparently, not only does Sir Poverty inflict his smile upon his staff, but also some “flair”:

“To distinguish the men and women of the Stanford Financial Group of companies, every employee wears an eagle shield representing financial strength, integrity and commitment to our clients.”

This man is to be avoided.

The “eagle shield” is a crappy, tacky, nasty little badge-thing that distinguishes between employees that work for a ghastly boss, and employees that work for a ghastly boss with a horrendous perma-tan. In any case, it’s a shame that the Group’s commitment to its clients extends to giving their money back.

England beaten by huge margin at the hands of stars

According to AYALAC’s refined methodology of re-weighting a team’s score by using irrelevant criteria, England lost to the star-peppered Trinidad and Tobago yesterday.

And by buggery did they lose big.

D. Charlton asked a cutting question recently (it was, I admit, hard to find sense in a fog of misguided comments). He asked:

“How many runs to England need to score to beat T&T tonight - before a ball is bowled?”

Well, let’s see. T&T’s land area is 1,980 square miles, and, as we saw yesterday, England is 50,351 square miles.

So, by my reckoning, the first ball of the match needed to be a no-ball, from which, England would proceed to run a relative modest 3,335 over-throws.

After achieving this, only then could England consider winning.

But, once again, our boys in whatever colour it is their advertisers have chosen for them these days, have failed us. And failed us bad.

By my recalibrated understanding of “the rules” England lost by 3,499 runs. Once again, not only did the opposition manage to chase down England’s total of 141 after just two balls, but they proceeded to put on a sensational show of hitting just to entertain the crowd and certain deluded parts of my mind.

What a victory by the young men from two islands whose names both begin with the letter “T” – what are the chances of that! After such a strurpling win under their belts, success, wealth and many, many women will surely come their way.

For England (and a small, rubbishy part of South Africa) this day will live in infamy. INFAMY.

Bit of England beaten by the rest of England

The Allen Twatford league has started recently.

The “All-stars” (containing, by my count, exactly two stars) beat Trinidad and Tobago (who have three stars).

Middlesex, spurred on by its greatest member, Twickenham, only just lost to the bullying efforts of all the rest of England combined. You might say that it was unfair. So, being the failed statistician that I am, I would like to correct the imbalance using mathematics.

Middlesex is 282 square miles and its population totals 1,576,636, of whom 738,904 are males.

England, on the other hand, is 50,351 square miles, with a population of 49,138,831 (let’s say 49% of them are male: 24,078,027).

England is 179 times bigger than Middlesex, and 32 times more populace (in terms of males).

So, using high level statistical theory that none of you would understand, we can adjust for this difference, to reveal the actual result:

England (122) lost to Middlesex (19,511) by 19,389 runs.

Not only did the London side surpass the England score with ease, but that added nearly twenty thousand more runs just for good measure.

This, I think we’ll all agree, is a much more accurate way of measuring the relative disparities in sides, and should be rolled out to all real statisticians forthwith.

Finally, people have come to their senses

At last, someone is placing personal interests over collective benefit. Some dodgy company I’ve never heard of, has threatened to bring down the entire Stanford circus, unless it gets its way.

Brilliant.

This company, Dulux, or something, came out of nowhere and insisted that it should receive all the proceeds to the up-and-coming Caribbean shambles. Apparently, they're the official paint of the West Indies team, and got the House of Lords to agree to their insane demands.

Lord Denning, in his judgment, stated,

“There shall be no whitewash in the cricket.”

Previously, Allen Wankford had argued that the Windies’ sponsors were nothing more than weenies. When the Dulux Dog (team mascot and number three) heard this, he was said to be livid.

“I’m livid, me.”

But now things have resolved themselves with the natural ease of most problems in a free market economy. Bastardford held a jubilant press conference after the compromise was hammered out:

“I have wired a huge amount of money to the Dulux Dog. He has accepted this gesture with the kindness with which it was given, and now we will proceed to walk over all those who stand before us.”

Giles Clarke backs AYALAC all the way

It has been ages since I put “AYALAC” in a headline and filled an article by talking about myself, so let’s correct that wrong.

Giles Clarke, King of English Cricket, read my recent angry and sweary rant against the possibility of an English Premier League, Allen Stanford and everything that that bloody Texan stood for.

Giles consider my weighty words and realised the inevitable logic of my constructive criticism. Agreeing with my assessment that he was a “money gabbing traitor” and was a “total bastard”, he called a halt to all this twenty20 franchise business.

In an interview with Boris Johnson, he stated:

“AYALAC is right. Franchise sport has simply never worked in the UK,"

He went on to add,

“I still may be somewhat of a bastard, however.”

He qualified this last remark by alluding to the continuing negotiations with Sir Allen,

“I hope to give more details in the days and weeks ahead but I can guarantee that everyone in the game - from playground to Test arena - will benefit from this deal."

I really don’t like the sound of that. Ominous, isn’t it? So, we can assume that this “deal” rules out franchises, but not the selling off of English cricket and facilities to some yank.

Watch this space to see if Clarke’s innate bastardliness dissipates further.

What can’t Stanford bugger off and save snooker or something?

Snooker is similar to cricket. It is considered, by those outside the game, a boring and pointless activity. To this sentiment, I generally concur.

Clearly, snooker needs a helping hand.

That is why the new Tell All Texans To Bugger Off And Start Messing About With Snooker starts here.

There’s an obsequious turd of a piece by Simon Wilde in today’s Sunday Times heralding Allen “Sir” Stanford's immanent messianic saving of English cricket.

In the words of a fine and ineffective ex-Prime Minister: “crisis, what crisis?” Forgive me if I’m fucking stupid in the brain, but hasn’t cricket been ticking over quite nicely without the interference of a moneyed yank who finds test cricket “boring”?

Oh wait. I idealistically forgot about cash. That’s the most important thing in cricket, right? I mean, that’s what it’s all about: making some former investment banker who used to keep wicket for Harrow Second XI as a light distraction from his bullying by the older boys and sexual harassment by the teachers, who now fancies a spot of cricket administration when he isn’t crunching on our hard-earned credit like a hungry, hungry hippo through adventerous German tourists.

But, the bankers say, if we set up a super-rich twenty20 competition, then Kevin Pietersen won’t leave us. And if he leaves us, we won’t have that stylised tart poncing about over the celebrity magazines, too concerned with highlighting and brain pedicures to mess about with getting runs for England. Heaven forefend the possibility of allowing in an English player who actually wants to play and try hard for his country.

I MEAN HEAVEN FOREFEND!

The future of the English Premier League is still under debate. We don’t know whether we’re going to get a two division system, or some artificial “regional” structure. Frankly, I don’t care. These discussions are rather like mulling over the fate of the battle’s survivors: should we bayonet them or squish them in a juice press?

Bastards. The lot of them. Why does cricket have to endure this whilst snooker is unmolested? What did we do to deserve this? Is it because we don’t wear snazzy waistcoats?

English cricket for sale

My new best friend, Giles Clarke, is considering selling off English cricket to some bloke, for a lot of money.

I previously thought that the tender only covered a single, one-off match. That alone made me annoyed. Not as irritated as I was this morning, whilst trying to negotiate the exit of Fenchurch Street Station whilst fending off the jingoistic advancements of some freebie newspaper distributors encouraging me to honour St. George’s Day.

“No,” I thought. “Go away.”

Needless to say, they didn’t. St George’s day? What on Earth will they think of next? Let’s All Beat Up The French Day?

Anyway, this state or anger was topped today when I discovered that Allen “Call Me Sir” Stanford is planning to bank-roll an expanded English twenty20 competition to rival the IPL. Why we would want to do such a thing is unclear, but Stanford is only prepared to organise such a useless tournament if he receives assurances from the ECB that they’ll guarantee his investment plus returns.

Cheeky bastard.

This produces is a whole new layer of fury. This makes me angrier than that woman who clips her nails on the train. And I want to kill her. I want to kill her with a cheap rubber spatula such is my accrued wrath.

In a vague, feeble justification, Stanford says that England need to be at the heart of any future evolution of cricket. And hilariously adds,

“The organisation here is better, the management is better, the structure is better.”

Clearly, the Texan billionaire didn’t attempt to catch a Northbound Circle line from Tower Hill this morning, and then worked out, without any official communication, that the Circle Line was delayed, requiring him to walk to Aldgate Station to wait a further twenty minutes during the rush hour for an over-crowded train on another buggered line, resulting him in being late for work. Again. Thoughts of managerial efficiency do not spring to one’s mind in such circumstances.

In any case, the whole thing is shocking and awful and terrible and a betrayal. These people need to be sent to the same place as nail-clipper girl.