Bank of Antigua

Stanford Financial Group Corporate Scandal Authors: Brian Bailey, Gina Hallman, Matthew Kazor, ShaVonne Robinson, Daryl Wertz, and Devin Williams Date: Week 5 Tuesday 22nd January 2013 1-2. In February of 2009, the Antigua/Texas based global financial group (made up several subsidiaries owned by the same owner) owned by R. Allen Stanford was charged with scamming their customers by the Securities and Exchange Commission. Stanford Financial Group was charged with fraud when deceptively

keyword is ‘was.’ As CEO of Stanford Financial Group, Stanford essentially ran a massive Ponzi scheme; he issued certificates of deposit at an offshore bank that he controlled and illegally used the investors’ funds. These CD’s were appealing to investors due to their high returns of nearly twice the average rate of return of investments in U.S. banks. Investors were led to believe that these CD’s had such high returns because they were being invested in corporate stocks, real estate, hedge funds, and

A banking fraud is the use of illegal means to gain money, assets from depositors or clients fraudulently while posing as a bank, agent or any other financial institution. In many countries and especially the United States, bank fraud is a criminal offense even though experts refer to it as a white collar crime due to the manner in which it is carried out. The paper below will look at the vulnerabilities that face the banking industry while using the example of Stanford Financial Group Company to

stunted the growth of her country, towards the white people that took Antigua in their hands and molded it into something embryonic. The dictionary defines third world as “the underdeveloped nations of the world, especially those with widespread poverty,” with this description, Antigua will be classified as a third world country after achieving their independence from the British. A Small Place reveals that post-colonial Antigua is still pinned by a form of slavery through the nation's poor economy

supposed to be a positive thing, expanding the territory’s resources such as medicine, and education. Jamaica Kincaid, however, plead the opposite. In her book, A Small Place, she expounded on the after effects of colonialism on her small island, Antigua. The Island, discovered by Christopher Columbus, is only nine by twelve miles long, surrounded by the Caribbean Sea and the Atlantic Ocean (Kincaid, 80), which has “swallowed up a number of black slaves” (Kincaid, 14). Jamaica Kincaid, described

Kincaid connects the history of European colonialism in Antigua to the present day by describing the Antigua she knows in comparison to the Antigua *we* see. Kincaid starts off the memoir, non-fiction, or even satirical piece by describing what “you” see, where “you” is white, middle class tourist from America or Europe, who is ignorant to the history of Antigua. The tourist views Antigua as a beautiful island with amazing beaches and great food. Of course the tourist sees charm in the unpaved roads

imperialism in Antigua, which has change the way how Antiguan people live. She then talks about issues of tourism and corruption, and how everything to the readers is “your fault” as she described. Kincaid also reveals the native’s view on tourism. The book is written in second person, explaining her opinion, and the reader is spoken to directly in the book. To make more sense of this, the reader is like a tourist whose visiting Antigua. The book starts outs having the readers introduced to Antigua for its

People cannot control the community they are born into, but through strength and determination, certain individuals can escape their community and find a place they belong in life. Author of A Small Place, Jamaica Kincaid, and Didier Eribon, author of Returning to Reims, were born into overlapping economic difficulties and fought for successful careers as writers and professors during adulthood. The values, symbols, ideas, experiences, and even places that surrounded both Kincaid and Eribon in their

Jamaica Kincaid tells a powerful story in A Small Place about her birthplace, the island of Antigua. She elaborates about the island’s past and how its implications on modern day Antigua. Kincaid is very passionate about how the British rule of Antigua ruins their culture. She is upset by the British not helping the Antiguans govern themselves. They do not know how to run a government and so when the British allow the Antiguans to rule themselves the country is made worse. Here she blames the

A Small Place Analytical Essay Jamaica Kincaid’s text A Small Place, is structured in four untitled sections. In the first section, we hear Kincaid’s narration of how the reader would feel going to Antigua, as a hypothetical tourist. She tells us what we she, how we witness the beautiful natural island. She then; proceeds through the text to give us some ‘inside’ information, like how the majority of the cars are imported from Japan, and are expensive and poorly running. She also tells or gives