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Fate of financier R. Allen Stanford in jury's hands. updated Guilty!!

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02 Mar 2012 00:00 #77931 by chairman
ok lets agree to that but strong arm tactics from a multi billionaire? he coulda said here is 200$ and story done

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02 Mar 2012 00:02 #77932 by chairman
the man went with bullying tactics when just a token would have been enough to transer. it made no sense

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02 Mar 2012 00:04 #77933 by Ryan

maybe im jaded since the ruling. i deal with legalities and good faith/bad faith as part of my job.

from my new eyes, i see this as a case of bad faith attempt to capitalize on common law trademark.

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02 Mar 2012 00:09 #77934 by chairman
check out all the websites with celebrity names without the celebrity registering it.  Well how come a brilliant man like him wasnt brilliant enough to register?

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02 Mar 2012 00:11 #77935 by chairman

move away from bad faith as you see it for a second. did this man have to go that level. seems ridiculous to me.

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02 Mar 2012 00:20 #77936 by Ryan

arbitration is level 1 option for domain issues and the most amicable. it's actually a UN initiative.

if they emailed you and you asked for money, you would have been violating the Anticybersquatting Consumer Protection Act.

they could have easily sued for infringement, damages related to use of the name.

you are logical, you understand this. doesn't matter knowledge of law/precedents.

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05 Mar 2012 13:47 #78384 by chairman
HOUSTON -- A federal jury has resumed deliberations in the fraud trial of jailed Texas tycoon R. Allen Stanford on charges he bilked $7 billion from investors in a massive Ponzi scheme.
Jurors in Houston continued deciding Stanford’s fate on Monday.
The jury has been deliberating since Wednesday.
Defense attorneys told jurors that Stanford made money for investors who bought certificates of deposit from his Caribbean bank.
Prosecutors countered that Stanford took investors’ money and flushed it away on failed businesses and a lavish lifestyle.
If convicted, Stanford could be sentenced to more than 20 years in prison. His trial began Jan. 23.

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05 Mar 2012 16:38 #78405 by chairman
Darlene Teel, 46, Stanford’s half sister, said she is encouraged by the length of the jury’s deliberations, which are in their fourth day. “He’s innocent,” she said.

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06 Mar 2012 13:41 #78477 by chairman
HOUSTON — A federal jury on Tuesday convicted R. Allen Stanford , a Texas financier, on 13 out of 14 counts of fraud in connection with a worldwide fraud that lasted more than two decades and involved more than $7 billion in investments.                  The ruling came after jurors on Monday sent the judge a note, one of several since deliberations began Feb. 29, saying they were unable to reach a unanimous verdict on all 14 counts. The judge ordered them to continue deliberating.       

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