Stanford Financial CIO To Be Indicted On Additional Charges

It has been a while since the general public, in its ecstatic following of every S&P uptick, was reminded about the dirty side of capitalism. Fox Business Network reports that Laura Pendergest-Holt, chief investment officer of the Stanford Financial Group, will be indicted Tuesday on additional charges besides existing counts of obstruction of justice.

It will be curious to see if the regulators pursue the perpetrators of the much broader ponzi which we are all witnessing every day on main stream media and cable channels, with the same zeal and fervor, once this particular scheme pops as well.

Stay tuned.