18. The Tycoon (Allen Stanford)
Swindled
00:00
The Risk of Securitizing Debt
Stanford: "We never understood what the risk was. We decided that whatever perceived profits there might be, we decided not to take that risk" He owned mansions in Houston, Antigua and St. Croix; he bought a 57 room, 18,000 square foot castle in Coral Gables, Florida,. He even used his money to try and revolutionize an entire professional sport.
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