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Oddly enough - from the BBC:

A US federal judge has ruled that Texan billionaire Allen Stanford is unfit to stand trial at present over accusations he led a $7bn (£4.5bn) fraud scheme.

Mr Stanford is facing trial over allegations that he ran a pyramid scheme based in Antigua which defrauded investors.

He has pleaded not guilty to fraud, conspiracy and obstruction.

District Judge David Hittner ruled that Mr Stanford did not have the present mental capacity to assist his lawyers.

But he ordered Mr Stanford to undergo treatment at a US prison hospital for an addiction to an anti-anxiety medication, and also receive additional psychiatric testing.

"The court finds Stanford is incompetent to stand trial at this time based on his apparent impaired ability to rationally assist his attorneys in preparing his defence," Judge Hittner wrote in his ruling in Houston, Texas.

"The court's finding that Stanford is incompetent, however, does not alter the court's finding that Stanford is a flight risk and that no combination of conditions of pretrial release can reasonably assure his appearance at trial," he added.

The charges against Mr Stanford capped a rapid fall from grace for a man who had shot to prominence in the UK and the Caribbean for his lavish sponsorship of cricket.

by ThatBritGuy (thatbritguy (at) googlemail.com) on Wed Jan 26th, 2011 at 10:04:58 PM EST
There's a lot of that going around. A good number of the ex-masters of the universe, or soon to be ex-masters of the universe are probably in need of clinical help.

I'd argue they would probably have benefited from such help long ago, on the basis that anyone who does the things required to be a master of the universe is unbalanced to start with.

by Colman (colman at eurotrib.com) on Thu Jan 27th, 2011 at 06:39:45 AM EST
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I seem to recall one Mr Ernest Saunders - the clinical marvel who demonstrated the only known recovery from the Alzheimer's which prevented his prosecution in the Guinness affair.....

"The future is already here -- it's just not very evenly distributed" William Gibson
by ChrisCook (cojockathotmaildotcom) on Thu Jan 27th, 2011 at 07:09:30 AM EST
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I was reminded of the same incident. The British equivalent of a bunch of good ole boys yukking it up. I believe he went on to have a lucrative career on the US same disgraced-business-leader speech circuit now infested by Anthony Charles Lynton Blair

keep to the Fen Causeway
by Helen (lareinagal at yahoo dot co dot uk) on Thu Jan 27th, 2011 at 08:24:44 AM EST
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