Cornyn Took Caribbean Junket On Banker Allen "$8 bil fraud of shocking magnitude" Stanford's Dime

[Amerigo Vespucci]

Cornyn Took Caribbean Junket On Stanford's Dime
By Zachary Roth - February 17, 2009, 2:20PM



So we already knew that Allen Stanford -- the Texas banker charged by the SEC today with running an $8 billion "fraud of shocking magnitude" -- had some pretty impressive political contacts with both parties.

But it looks like his relationship with one of his home-state senators, Republican John Cornyn, may have been especially cozy.

According to Cornyn's Senate disclosure reports -- posted on the site Legistorm.com, which tracks privately financed trips by members of Congress -- the Stanford Financial Group paid for the Texas senator and an unnamed companion to take a November 2004 trip down to Antigua and Barbuda, the tiny Carribean nation where the company has its headquarters.

The three day trip is described by Legistorm as a "financial services industry fact-finding mission hosted by constituent company with substantial operations on site."

http://tpmmuckraker.talkingpointsmemo.com/2009/02/cornyn_took_caribbean_junket_on_stanfords_dime.php

[grytpype]

1. Another Republican goes down the tubes

Republican scandals usually involve bathroom sex and diapers, but it looks like this one's financial.

[DCKit]

2. But who was Cornyn's companion on that trip?

Enquiring minds demand to know.

[Quantess]

3. Interesting...