Reuters Leaves Out That Accused Swindler Was Big Democrat Fundraiser, Lobbyist

Posted on September 29, 2009

Reuters newswire service recently published a story reporting that accused swindler Allen Stanford has been moved to a federal lockup facility in downtown Houston in order “to be closer to his attorneys.” In fact in a fairly long story as wire copy goes, Reuters reports all sorts of details of Stanford’s alleged financial crimes and current status. There is only one little detail that Reuters seems to have forgotten to report. Allen Stanford was a major fundraiser and lobbyists for some of the biggest Democrats in the country.

There isn’t a single mention, for instance, that Stanford lobbied Congress for expanded tax rules spending over $5 million in lobbying fees. There was also no mention that he donated $28,300 to Charlie Rangel’s campaign (D, NY), that he donated heavily to Democratic New York Representative Gregory Meeks, and that he sponsored multiple trips to the Caribbean for Democrat members of Congress. (Details can be found at the Wall Street Journal)

The Antigua Sun newspaper even published a 2008 photo of a beaming Barack Obama standing next to Mr. Stanford.

One has to wonder if this accused swindler had long-standing ties to Republicans if Reuters would have so easily forgotten to mention the cozy relationship to GOP officials in a story on the fellow?

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