Cornyn tied to Stanford by 2004 trip
Soon after billionaire Allen Stanford was charged by the SEC with fraud yesterday, several news outlets used LegiStorm's data to see if any lawmakers were tied to the latest scandal.
The clearest piece of evidence uncovered was a 2004 trip to Antigua and sponsored by Stanford Financial Group Co. for Sen. John Cornyn (R-Texas). Cornyn took the four-day trip in Nov. 2004 and filed the necessary trip form, listing costs for himself and a companion (not disclosed but reported to be his wife) valued at $7,441.
The purpose of the trip was listed by Cornyn as "Financial services industry fact-finding mission hosted by constituent company with substantial operations on site" - Stanford Financial Group had a bank arm headquartered in Antigua and also had offices in Houston.
read more ...
Home
Salaries
Trips
Financial Disclosures
Foreign Gifts
Earmarks
The Score
About Us