Brodner’s Cartoon du Jour: Crisis Club: Robert “Ponzi” Stanford

For indispensable reporting on the coronavirus crisis, the election, and more, subscribe to the Mother Jones Daily newsletter.


The owner of Antigua and the Stanford International Bank, pig heaven for offshore deposits from clients seeking a safe tax haven (seen here with his cricket team). The government of Antigua was more than happy to have this rich Texan move in and take over their failing bank. Now he’s the lord of St. John’s with zero accountability. He hasn’t been charged yet but the SEC can’t find the $8 billion in assets he says he has. When the US government started pushing legislation for accountability in offshore banks Stanford hired a lobbying firm in DC and began donating hundreds of thousands to Democrats and Republicans. For some strange reason investigations by the SEC have been stalled over the years! He’s given more than $2.4 million to federal candidates since 2000. These include Sen. Bill Nelson (D-Fla.), $45,900 and Rep. Pete Sessions (R-Texas), $41,375 (plus $10,000 in expenses). Now Antigua is falling on hard times and the spotlight is falling at last on Bobby. Smile. From photo by Jewel Samad/Agence France-Presse.

Dear Reader,

This feels like the most important fundraising drive since I've been CEO of Mother Jones, with staggeringly high stakes and so much uncertainty. In "News Is Just Like Waste Management," I try to unpack the reality we all face and how we can rise to the challenge. If you're able to, this is a critical moment to support Mother Jones’ nonprofit journalism: We need to raise $400,000 to help cover the vital reporting projects we have planned, and right now is no time to pull back.

Monika Bauerlein, CEO, Mother Jones

Dear Reader,

This feels like the most important fundraising drive since I've been CEO of Mother Jones, with staggeringly high stakes and so much uncertainty. In "News Is Just Like Waste Management," I try to unpack the reality we all face and how we can rise to the challenge. If you're able to, this is a critical moment to support Mother Jones’ nonprofit journalism: We need to raise $400,000 to help cover the vital reporting projects we have planned, and right now is no time to pull back.

Monika Bauerlein, CEO, Mother Jones

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate