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	<title>Comments on: Florida banking agency helped Stanford set up unregulated office to sell his phony CDs</title>
	<atom:link href="http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/</link>
	<description>Macro Perspective on the Capital Markets, Economy, Geopolitics, Technology, and Digital Media</description>
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		<title>By: FrancoisT</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190459</link>
		<dc:creator>FrancoisT</dc:creator>
		<pubDate>Tue, 07 Jul 2009 02:03:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190459</guid>
		<description>Chris Whalen,

I enjoy your analyses and commentaries on the banking system and the economy.
However, your comments on politics reeks of profound naivete and a complete lack of historical knowledge.

&quot; Obama talking to Chavez is an outrage&quot; Are you kidding me? Are you telling us that a trial lawyer that defend a suspected serial child rapist is showing outrageous behavior? no..he is doing his JOB. Whether we like it or not is an entirely different matter.

WTF do you think politics is all about? Choosing only the ones we LOVE? This ain&#039;t dating Sir!! 

Do stick to your field of expertise and everything shall be fine.</description>
		<content:encoded><![CDATA[<p>Chris Whalen,</p>
<p>I enjoy your analyses and commentaries on the banking system and the economy.<br />
However, your comments on politics reeks of profound naivete and a complete lack of historical knowledge.</p>
<p>&#8221; Obama talking to Chavez is an outrage&#8221; Are you kidding me? Are you telling us that a trial lawyer that defend a suspected serial child rapist is showing outrageous behavior? no..he is doing his JOB. Whether we like it or not is an entirely different matter.</p>
<p>WTF do you think politics is all about? Choosing only the ones we LOVE? This ain&#8217;t dating Sir!! </p>
<p>Do stick to your field of expertise and everything shall be fine.</p>
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		<title>By: FrancoisT</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190457</link>
		<dc:creator>FrancoisT</dc:creator>
		<pubDate>Tue, 07 Jul 2009 01:56:35 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190457</guid>
		<description>&quot;In the past, the US government would not even speak to Chavez or his lackeys in other Latin nations.&quot;

You mean the last 8 years? That is how you define &quot;in the past&quot;?

Wow! How&#039;s that for historical comparison? At least, we now know where you stand politically.</description>
		<content:encoded><![CDATA[<p>&#8220;In the past, the US government would not even speak to Chavez or his lackeys in other Latin nations.&#8221;</p>
<p>You mean the last 8 years? That is how you define &#8220;in the past&#8221;?</p>
<p>Wow! How&#8217;s that for historical comparison? At least, we now know where you stand politically.</p>
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		<title>By: FrancoisT</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190454</link>
		<dc:creator>FrancoisT</dc:creator>
		<pubDate>Tue, 07 Jul 2009 01:53:44 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190454</guid>
		<description>&quot;btw, Moss, speaking of Facts, do you have any to refute Whalen’s opinion?&quot;

How about you Hoffer? Do you have any facts that support Whalen&#039;s assertions?</description>
		<content:encoded><![CDATA[<p>&#8220;btw, Moss, speaking of Facts, do you have any to refute Whalen’s opinion?&#8221;</p>
<p>How about you Hoffer? Do you have any facts that support Whalen&#8217;s assertions?</p>
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		<title>By: rtol</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190444</link>
		<dc:creator>rtol</dc:creator>
		<pubDate>Tue, 07 Jul 2009 01:23:42 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190444</guid>
		<description>How odd that even though this all happened when George Bush was President and Jeb Bush was governor of Florida, it&#039;s all Obama&#039;s fault. 

Infantile.</description>
		<content:encoded><![CDATA[<p>How odd that even though this all happened when George Bush was President and Jeb Bush was governor of Florida, it&#8217;s all Obama&#8217;s fault. </p>
<p>Infantile.</p>
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		<title>By: a guy called john</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190355</link>
		<dc:creator>a guy called john</dc:creator>
		<pubDate>Mon, 06 Jul 2009 20:31:20 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190355</guid>
		<description>By the way, if you take out the third paragraph of your post, it&#039;s quite interesting.   Your friend does good work.</description>
		<content:encoded><![CDATA[<p>By the way, if you take out the third paragraph of your post, it&#8217;s quite interesting.   Your friend does good work.</p>
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		<title>By: a guy called john</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190353</link>
		<dc:creator>a guy called john</dc:creator>
		<pubDate>Mon, 06 Jul 2009 20:29:39 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190353</guid>
		<description>&gt; as a stringer for the Washington Times

Pffaaawwww....wah?!?  The Washington Times?!?  Lord aw&#039;mighty.

Excuse me, I need to clean the coffee off my desk.</description>
		<content:encoded><![CDATA[<p>&gt; as a stringer for the Washington Times</p>
<p>Pffaaawwww&#8230;.wah?!?  The Washington Times?!?  Lord aw&#8217;mighty.</p>
<p>Excuse me, I need to clean the coffee off my desk.</p>
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		<title>By: Chris Whalen</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190346</link>
		<dc:creator>Chris Whalen</dc:creator>
		<pubDate>Mon, 06 Jul 2009 20:03:21 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190346</guid>
		<description>Theora:

Hugo Chavez is the enemy of all people who respect human rights and the rule of law.  The fact that Barack Obama would even speak to this man is an outrage.  He would put a bullet in your head as soon as shake your hand.  I worked in VE and Mexico for over a decade and have many friends in the country.  Last time I was there as a stringer for the Washington Times, was almost arrested at the airport.   Chavez is the latest in a long line of failed dictators in VE.  He will be replaced by another junior grade army colonel eventually. 

http://findarticles.com/p/articles/mi_m1571/is_2003_Nov_24/ai_110364125/

Best,

Chris</description>
		<content:encoded><![CDATA[<p>Theora:</p>
<p>Hugo Chavez is the enemy of all people who respect human rights and the rule of law.  The fact that Barack Obama would even speak to this man is an outrage.  He would put a bullet in your head as soon as shake your hand.  I worked in VE and Mexico for over a decade and have many friends in the country.  Last time I was there as a stringer for the Washington Times, was almost arrested at the airport.   Chavez is the latest in a long line of failed dictators in VE.  He will be replaced by another junior grade army colonel eventually. </p>
<p><a href="http://findarticles.com/p/articles/mi_m1571/is_2003_Nov_24/ai_110364125/" rel="nofollow">http://findarticles.com/p/articles/mi_m1571/is_2003_Nov_24/ai_110364125/</a></p>
<p>Best,</p>
<p>Chris</p>
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		<title>By: theorajones</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190318</link>
		<dc:creator>theorajones</dc:creator>
		<pubDate>Mon, 06 Jul 2009 19:19:02 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190318</guid>
		<description>This is a fascinating story and I&#039;m glad you brought it to our attention.

It is unfortunately undermined by the weird Obama-is-a-communist-narcotrafficker-enabler editorial.  

It&#039;s strange to flag a story about state corruption in FL and then blame the President who was not in office when Sanford was in business.  It&#039;s especially weird to do that before first looking at the Florida governor (whose Administration presumably appointed/oversaw the people who approved this deal) or the state legislature (who presumably had oversight/confirmation powers here).  

Also, it&#039;s a joke to suggest condemning the Honduran coup makes one a &quot;chavista.&quot;  Everyone and his brother has condemned the coup (http://en.wikipedia.org/wiki/International_reaction_to_the_2009_Honduran_coup_d&#039;état)--certainly not out of love for the President there, but because they know that military coups in that part of the world have caused untold human suffering.   

And yes, maybe in the past the US would have supported such a coup.  In spite of what the experience of disappeared husbands, stolen children, murdered nuns, and the grinding poverty that results from political instability should have taught us about supporting coups.  Personally, I&#039;m glad we&#039;re staying out of this, and I&#039;m even gladder that we&#039;re joining everyone else in condemning it.  Coups are bad news.</description>
		<content:encoded><![CDATA[<p>This is a fascinating story and I&#8217;m glad you brought it to our attention.</p>
<p>It is unfortunately undermined by the weird Obama-is-a-communist-narcotrafficker-enabler editorial.  </p>
<p>It&#8217;s strange to flag a story about state corruption in FL and then blame the President who was not in office when Sanford was in business.  It&#8217;s especially weird to do that before first looking at the Florida governor (whose Administration presumably appointed/oversaw the people who approved this deal) or the state legislature (who presumably had oversight/confirmation powers here).  </p>
<p>Also, it&#8217;s a joke to suggest condemning the Honduran coup makes one a &#8220;chavista.&#8221;  Everyone and his brother has condemned the coup (<a href="http://en.wikipedia.org/wiki/International_reaction_to_the_2009_Honduran_coup_d" rel="nofollow">http://en.wikipedia.org/wiki/International_reaction_to_the_2009_Honduran_coup_d</a>&#8216;état)&#8211;certainly not out of love for the President there, but because they know that military coups in that part of the world have caused untold human suffering.   </p>
<p>And yes, maybe in the past the US would have supported such a coup.  In spite of what the experience of disappeared husbands, stolen children, murdered nuns, and the grinding poverty that results from political instability should have taught us about supporting coups.  Personally, I&#8217;m glad we&#8217;re staying out of this, and I&#8217;m even gladder that we&#8217;re joining everyone else in condemning it.  Coups are bad news.</p>
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		<title>By: alfred e</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190308</link>
		<dc:creator>alfred e</dc:creator>
		<pubDate>Mon, 06 Jul 2009 18:52:18 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190308</guid>
		<description>@Chris:  The intrigue continues to grow.  Pretty much right out of some kind of  &quot;off the wall gumshoe novel that couldn&#039;t possibly mirror reality - pure exaggeration&quot;.  The only thing missing is how entangled certain agencies and people are in the drug trade.  I have no doubt it will re-emerge.  

Is there any govt official  that is not complicit to one degree or another?  And how totally morally blinded do we have to be to brush this off as a dime novel fiction.  

Oh, I know.  We have enough problems right here on main street as it is.  Lets leave Latin America to the banditos.  Not our problem unless they start crossing the border to shoot people.  

Thanks for the expose Chris.  I buy it.</description>
		<content:encoded><![CDATA[<p>@Chris:  The intrigue continues to grow.  Pretty much right out of some kind of  &#8220;off the wall gumshoe novel that couldn&#8217;t possibly mirror reality &#8211; pure exaggeration&#8221;.  The only thing missing is how entangled certain agencies and people are in the drug trade.  I have no doubt it will re-emerge.  </p>
<p>Is there any govt official  that is not complicit to one degree or another?  And how totally morally blinded do we have to be to brush this off as a dime novel fiction.  </p>
<p>Oh, I know.  We have enough problems right here on main street as it is.  Lets leave Latin America to the banditos.  Not our problem unless they start crossing the border to shoot people.  </p>
<p>Thanks for the expose Chris.  I buy it.</p>
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		<title>By: Chris Whalen</title>
		<link>http://www.ritholtz.com/blog/2009/07/la-narco-sistema-florida-banking-agency-helped-stanford-set-up-unregulated-office-to-sell-his-phony-cds/comment-page-1/#comment-190296</link>
		<dc:creator>Chris Whalen</dc:creator>
		<pubDate>Mon, 06 Jul 2009 18:11:19 +0000</pubDate>
		<guid isPermaLink="false">http://www.ritholtz.com/blog/?p=31158#comment-190296</guid>
		<description>Good comment Brad.  Got any details on the Jeb/Stanford connection?  

Re: garbage, you might first consider that the Venezuela operations of Stanford reportedly were more significant than those in the US.  You might also ponder the parallels of the facilitator role played by Jeb Bush in FL and Chavez in Venezuela vis-a-vis Stanford.  Indeed, if your colorful accusations against Governor Jeb Bush are correct, both Chavez and Bush were clients of Stanford -- in a political sense.  Best,  Chris</description>
		<content:encoded><![CDATA[<p>Good comment Brad.  Got any details on the Jeb/Stanford connection?  </p>
<p>Re: garbage, you might first consider that the Venezuela operations of Stanford reportedly were more significant than those in the US.  You might also ponder the parallels of the facilitator role played by Jeb Bush in FL and Chavez in Venezuela vis-a-vis Stanford.  Indeed, if your colorful accusations against Governor Jeb Bush are correct, both Chavez and Bush were clients of Stanford &#8212; in a political sense.  Best,  Chris</p>
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