Groups Sued Over Funds From Stanford
According to The Wall Street Journal, the receiver for R. Allen Stanford’s Ponzi scheme is suing Democratic and Republican political groups for return of funds. The proverbial clawbacks:
A spokesman for the Democratic Senatorial Campaign Committee, which the suit claims received $950,500, declined to comment.
A spokeswoman for the National Republican Congressional Committee, which allegedly received $238,500, declined to comment.
Here’s what I don’t get. Why is it necessary to sue these groups? Stanford’s name is toxic. I would think Democrats and Republicans alike would run from any association with him and return funds—quietly, under the radar, without spending taxpayer money through back-and-forth lawsuits.
The New York Times describes my novels as “money porn,” “a red-hot franchise,” and “glittery thrillers about fiscal malfeasance.” Through fiction I explore the dark side of money and the motivations of those who have it, want more, and will steamroll anybody who gets in their way.