Mississippi Business Journal » Stanford Financial http://msbusiness.com Mississippi Business Journal Wed, 22 May 2013 14:27:18 +0000 en-US hourly 1 http://wordpress.org/?v=3.5.1 Hosemann: Stanford Denial is weak http://msbusiness.com/blog/2009/10/12/hosemann-stanford-denial-is-weak/?utm_source=rss&utm_medium=rss&utm_campaign=hosemann-stanford-denial-is-weak http://msbusiness.com/blog/2009/10/12/hosemann-stanford-denial-is-weak/#comments Mon, 12 Oct 2009 17:31:49 +0000 Amy McCullough http://msbusiness.com/?p=13552 At last week’s hearing, both officials and victims who testified repeatedly implored the state to fight for Securities Investor Protection Corporation (SIPC) funds for victims in the worst circumstances. SIPC, created by Congress in 1970, guarantees up to $500,000 per investor in case of an SIPC member firm’s failure. Investors are angry that victims of [...]

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]]> http://msbusiness.com/blog/2009/10/12/hosemann-stanford-denial-is-weak/feed/ 0 ‘We got robbed the day we retired’: Victims talk about Stanford debacle http://msbusiness.com/blog/2009/10/06/we-was-robbed/?utm_source=rss&utm_medium=rss&utm_campaign=we-was-robbed http://msbusiness.com/blog/2009/10/06/we-was-robbed/#comments Tue, 06 Oct 2009 14:25:01 +0000 Amy McCullough http://msbusiness.com/2009/10/we-was-robbed/ Troy and Melanie Lillie of Maurice, La. lost their life’s savings in the Stanford Financial Group Ponzi scheme. “We got robbed the day we retired,” Melanie Lillie said in a post-hearing interview at the state Capitol Monday in Jackson. Her husband worked for Exxon Mobil in Baton Rouge for 29 years before retiring and instantly [...]

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