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ABC and CBS followed the imploding finances of Sir Allen Stanford. "Nervous depositors swarmed Stanford-related banks in Venezuela and Antigua," CBS' Bob Orr observed, while the billionaire's whereabouts are unknown. "With no arrest warrant pending he is not technically a fugitive," Orr conceded, "but with a sprawling financial empire that includes six airplanes, offices around the world, and homes in Antigua and the Virgin Islands, officials are worried Stanford may try to hide." ABC's Brian Ross noted sardonically that "until recently he was hardly camera shy," showing us a Stanford photo-op with Speaker Nancy Pelosi and an exchange on CNBC: "Is it fun being a billionaire?" "Well--yes, yes, yes!" Ross' unidentified sources among "federal authorities" told him that it is not only the Securities & Exchange Commission that is after Stanford but the Federal Bureau of Investigation too. His bank may have laundered money for Mexican narcotraffickers.
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