Wednesday, February 18, 2009

Uh-oh. Stanford Group and LSU/Ole Miss ties

Think the Stanford Group was just affecting some poor ole rich folk? Guess again. Standord had ties to several college football programs close to home.

Stanford sponsored the LSU cheerleaders as well as the squad at Ole Miss:
"10/03/2007 by www.LSUsports.net
BATON ROUGE -- Stanford Group Company has announced that it will become the Official Sponsor of the LSU cheerleading team.
This is only the second sponsorship of its kind granted by an institution, the first being Stanford’s sponsorship of the University of Mississippi cheerleading team last year which the company is continuing this season. This unique sponsorship provides scholarship funding for the LSU cheerleading program, as well as an internship program for qualified members of the squad to work at the company’s Baton Rouge office. Stanford Group Company is a member of the Stanford Financial Group, a global network of financial services companies."
http://www.lsusports.net/ViewArticle.dbml?SPSID=31765&SPID=2544&DB_OEM_ID=5200&ATCLID=1255897

However, the ties to LSU didn't just stop at sponsoring cheerleaders as two executives of Stanford sat on the Professional Advisory Council of the LSU Foundation. LSU Foundation website:
Mr. Jason Green
President, Private Client Services
The Stanford Group Company
445 North Blvd., 8th FloorBaton Rouge, LA 70802
W: (225) 381-0505
Fax: (225) 381-0650
1-800-982-0009
jgreen@stanfordeagle.comhttp://www.stanfordgroup.com/

Mr. Grady J. Layfield, CPA
Managing Director, Private Client Services
The Stanford Group Company
P.O. Box 3558Baton Rouge, LA 70821-3558
W: (225) 381-0600
glayfield@stanfordeagle.comhttp://www.stanfordgroup.com/

Stanford also sponsored numerous events at LSU and had additional ties to Ole Miss as well (One of its members sat on the Business School's Banking & Financial Advisory Board). Regardless of what the investigation finds, it is clear both LSU and Ole Miss will suffer from their association with Stanford.

Posted by Kingfish at 4:04 PM

4 comments:

Anonymous said...

Those two aren't listed as Board members.

Also, the guys are in the Baton Rouge office. Stanford is their broker-dealer, but they operate mostly independently in regards to investment advice and what to recommend. The home office is where the fraud and deceit is.

These guys probably had no idea this was going on.

February 18, 2009 at 5:36 PM
Kingfish said...

Correction made. My apologies.

They were telling people in BR they could get 8.25% cds's and they were in Antigua. I'm willing to bet when it all comes out they were doing some hustling as well or at least two of them were.

February 18, 2009 at 6:08 PM
Anonymous said...

Think again Anonymous -

Jason Green is the National Director of Advisers. According to the SEC, Holt and other top executives were responsible for training brokers in how to "mis-represent" the returns on investment.

I have been in the investment business for 20 years and it does not take a rocket scientist to know something is funny when "your" CD is paying twice the National average.

The planners should loose their license and the executives should go to jail. IF someone steals 20 dollars from 7/11, they go to jail.

February 18, 2009 at 6:11 PM
Anonymous said...

Think again Anonymous -

Jason Green is the National Director of Advisers. According to the SEC, Holt and other top executives were responsible for training brokers in how to "mis-represent" the returns on investment.

I have been in the investment business for 20 years and it does not take a rocket scientist to know something is funny when "your" CD is paying twice the National average.

The planners should loose their license and the executives should go to jail. IF someone steals 20 dollars from 7/11, they go to jail.

February 18, 2009 at 6:12 PM

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Trollfest '07 was such a success that Jackson Jambalaya will once again host Trollfest '09. Catch this great event which will leave NE Jackson & Fondren in flames. Othor Cain and his band, The Black Power Structure headline the night while Sonjay Poontang returns for an encore performance. Former Frank Melton bodyguard Marcus Wright makes his premier appearance at Trollfest singing "I'm a Sweet Transvestite" from "The Rocky Horror Picture Show." Kamikaze will sing his new hit, “How I sold out to da Man.” Robbie Bell again performs: “Mamas, don't let your babies grow up to be Bells” and “Any friend of Ed Peters is a friend of mine”. After the show, Ms. Bell will autograph copies of her mug shot photos. In a salute to “Dancing with the Stars”, Ms. Bell and Hinds County District Attorney Robert Smith will dance the Wango Tango.

Wrestling returns, except this time it will be a Battle Royal with Othor Cain, Ben Allen, Kim Wade, Haley Fisackerly, Alan Lange, and “Big Cat” Donna Ladd all in the ring at the same time. The Battle Royal will be in a steel cage, no time limit, no referee, and the losers must leave town. Marshand Crisler will be the honorary referee (as it gives him a title without actually having to do anything).

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In the spirit of helping those who are less fortunate, Trollfest '09 adopts a cause for which a portion of the proceeds and donations will be donated: Keeping Frank Melton in his home. The “Keep Frank Melton From Being Homeless” booth will sell chances for five dollars to pin the tail on the jackass. John Reeves has graciously volunteered to be the jackass for this honorable excursion into saving Frank's ass. What's an ass between two friends after all? If Mr. Reeves is unable to um, perform, Speaker Billy McCoy has also volunteered as when the word “jackass” was mentioned he immediately ran as fast as he could to sign up.

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Trollfest '09 is a pet-friendly event as well. Feel free to bring your dog with you and do not worry if your pet gets hungry, as employees of the Jackson Zoo will be on hand to provide some of their animals as food when it gets to be feeding time for your little loved one.

Relax at the Fox News Tent. Since there are only three blonde reporters in Jackson (being blonde is a requirement for working at Fox News), Megan and Kathryn from WAPT and Wendy from WLBT will be on loan to Fox. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both and a torn-up Obama yard sign will entitle you to free drinks served by Megan, Wendy, and Kathryn. Get your tickets now. Since this is an event for trolls, no ID is required. Just bring the hate. Bring the family, Trollfest '09 is for EVERYONE!!!

This is definitely a Beaver production.

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Jackson Jambalaya is the home of Trollfest '07. Catch this great event which promises to leave NE Jackson & Fondren in flames. Sonjay Poontang and his band headline the night with a special steel cage, no time limit "loser must leave town" bout between Alan Lange and "Big Cat"Donna Ladd following afterwards. Kamikaze will perform his new song F*** Bush, he's still a _____. Did I mention there was no referee? Dr. Heddy Matthias and Lori Gregory will face off in the undercard dueling with dangling participles and other um, devices. Robbie Bell will perform Her two latest songs: My Best Friends are in the Media and Mama's, Don't Let Your Babies Grow up to be George Bell. Sid Salter of The Clarion-Ledger will host "Pin the Tail on the Trial Lawyer", sponsored by State Farm.

There will be a hugging booth where in exchange for your young son, Frank Melton will give you a loooong hug. Trollfest will have a dunking booth where Muhammed the terrorist will curse you to Allah as you try to hit a target that will drop him into a vat of pig grease. However, in the true spirit of Separate But Equal, Don Imus and someone from NE Jackson will also sit in the dunking booth for an equal amount of time. Tom Head will give a reading for two hours on why he can't figure out who the hell he is. Cliff Cargill will give lessons with his .80 caliber desert eagle, using Frank Melton photos as targets. Tackleberry will be on hand for an autograph session. KIM Waaaaaade will be passing out free titles and deeds to crackhouses formerly owned by The Wood Street Players.

If you get tired come relax at the Fox News Tent. To gain admittance to the VIP section, bring either your Republican Party ID card or a Rebel Flag. Bringing both will entitle you to free drinks.Get your tickets now. Since this is an event for trolls, no ID is required, just bring the hate. Bring the family, Trollfest '07 is for EVERYONE!!!

This is definitely a Beaver production.

Note: Security provided by INS.