Stanford Claims Memory Loss as Fraud Trial Begins

Jan. 23, 2012 - Jan. 23 (Bloomberg) -- The R. Allen Stanford who arrived at the Houston federal courthouse in shackles today to start his $7 billion investment fraud trial is far different from the Texas billionaire prosecutors indicted 2 1/2 years ago. After enduring a string of setbacks since he was jailed, Stanford now claims he can't remember much of his life or details of his once far-flung business empire, according to his lawyers. Gigi Stone reports on Bloomberg Television's "Money Moves." (Source: Bloomberg) (/Bloomberg) Correction: Clarification:

Seattle police: Manhunt on for cafe gunman 1:05
Doc Watson dead at 89 0:47
AP Top Stories 1:02
Robin Thicke on ABC's 'Duets' and Beyonce Duet 1:57
Raw Video: 747 Clips Regional Jet at O'Hare 0:21

Ouzo under pressure in Greek economic crisis 1:35
AP Top Stories 1:05
Showbiz Minute: X-Factor, Glamour, Dylan 1:02
Pattinson Has a 'bizarre Experience' in a Limo 2:06
Hurricane Andrew remembered 20 years later 2:56

Discussion Policy | FAQ | About Discussions

Comments

Add your comment

The Washington Post commenting system will be disabled for several hours while system upgrades are made. User will be unable to leave comments during this time.

If you have any problems accessing Washington Post content during this time, please email our Interactivity department at comments@washpost.com.

Read what others are saying About Badges

SuperFan Badge

SuperFan badge holders consistently post smart, timely comments about Washington area sports and teams.

More about badges | Request a badge

Culture Connoisseur Badge

Culture Connoisseurs consistently offer thought-provoking, timely comments on the arts, lifestyle and entertainment.

More about badges | Request a badge

Fact Checker Badge

Fact Checkers contribute questions, information and facts to The Fact Checker.

More about badges | Request a badge

Washingtologist Badge

Washingtologists consistently post thought-provoking, timely comments on events, communities, and trends in the Washington area.

More about badges | Request a badge

Post Writer Badge

This commenter is a Washington Post editor, reporter or producer.

Post Forum Badge

Post Forum members consistently offer thought-provoking, timely comments on politics, national and international affairs.

More about badges | Request a badge

Weather Watcher Badge

Weather Watchers consistently offer thought-provoking, timely comments on climates and forecasts.

More about badges | Request a badge

World Watcher Badge

World Watchers consistently offer thought-provoking, timely comments on international affairs.

More about badges | Request a badge

Post Contributor Badge

This commenter is a Washington Post contributor. Post contributors aren’t staff, but may write articles or columns. In some cases, contributors are sources or experts quoted in a story.

More about badges | Request a badge

Post Recommended

Washington Post reporters or editors recommend this comment or reader post.

You must be logged in to report a comment.

Comments our editors find particularly useful or relevant are displayed in Top Comments, as are comments by users with these badges: . Replies to those posts appear here, as well as posts by staff writers.

All comments are posted in the All Comments tab.

More about badges

Get a badge

To pause and restart automatic updates, click "Live" or "Paused". If paused, you'll be notified of the number of additional comments that have come in.