Stanford’s last days of freedom

By Felix Salmon
April 6, 2009

Allen Stanford has given an interview to ABC news, and it makes for compelling viewing. He’s tearful, he’s aggressive, he’s delusional, he’s hilarious: he seems entirely convinced that he wasn’t running a Ponzi scheme, even as he complains about being “forced to fly on a commercial plane for the first time in almost two decades”. My favorite bit:

“I always lived very frugally. I flew around in a private jet, I had a boat, but I always lived very frugally.”

Stanford says he expects to be indicted in two weeks. If you listen carefully during the interview you can hear a cover of Cole Porter’s Night and Day playing in the background. I wonder if Stanford, struggling to retain his dignity, knows the lyrics, or has wondered if they apply to his remaining days as a free man:

Like the tick tick tock of the stately clock
As it stands against the wall

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