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Caught Our Eye

More congressional trips tied to Stanford

Posted by LegiStorm on Feb. 19, 2009

The New York Times today cites LegiStorm data in a story with more revelations about the ties between Allen Stanford, who has been charged with fraud by the SEC, and lawmakers.

In addition to the trip Stanford Financial Group sponsored for Sen. John Cornyn (R-Texas), Stanford has been linked to the Inter-American Economic Council, which has sponsored 85 congressional trips since 2003, for a total of $307,122.

According to the Times:

Mr. Stanford is also associated with the Inter-American Economic Council, a nonprofit that brings political and corporate leaders together to discuss Caribbean and Latin American business issues. Donors to the council are not public, but when it gave him a leadership award three years ago, it said he had "strongly supported" its work.