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A Knight's Tale

03.26.09 -- 3:54PM

Sir Allen Stanford's criminal defense lawyer, the famed Dick DeGuerin of Houston, tells TPMmuckraker that his client is a victim of Bernie Madoff's scam, too, albeit indirectly:

"They got egg all over their faces when they failed to sufficiently oversee the Madoff Ponzi scheme. What the SEC is trying to do is make up for their embarrassment over Madoff."

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