In November of 2004, it seems, John Cornyn along with an undisclosed companion, took up an offer by
“Financial services industry fact-finding mission hosted by constituent company with substantial operations on site Notes Sen. Cornyn discloses expenses for himself and a companion, but does not disclose the identity of the companion. Total Cost $7,441.00”
Interesting and timely, I say, as Cornyn is certainly not hanging back staying hidden in the woodwork this time around. He finds himself in the news obstructing bills and visiting high roller contributors in New York rather than staying in DC to vote in this time of financial crisis.
But then I opened up today’s Chronicle and find that this is more interesting, and more timely, than I thought at first.
It seems that R. Allen Stanford has been under investigation by the SEC, the IRS and the FBI for awhile now. Investigators have been pretty closed mouth about what the matter is all about, other than to say that Stanford’s
“The entire scope of the probe is unclear, but investigators are looking into the sale of certificates of deposit issued by the firm’s Stanford International Bank in the
Caribbeanisland nation of . The CDs have yielded returns higher than the average.” Antigua and Barbuda
Wow. The very banks that Cornyn and a companion were asked to visit in 2004 as part of a “fact-finding mission” are being investigated for some questionable business practices by 3 federal agencies whose terrible combination of letters usually spell B-A-D N-E-W-S.
I also checked the FEC, and saw that Stanford had given $2000 to Cornyn’s campaign in 2007. Interesting, because Stanford and many of his highest ranking corporate officers at Stanford Financial Services had, for the most part, maxed out for Barack Obama in the last election.
Obviously, Stanford likes to win. And this is just okey-dokey as far as John Cornyn is concerned.