Inside Look Into Stanford's Offices

" Allen Stanford awaiting trial behind bars. One of his former employees is coming forward -- behind the scenes look at what caused Stanford's downfall Dow Jones Newswires columnist Al Lewis. Brings us the peek inside Tennessee again in person here in New York now this is somebody called Charles Saturn film. And it was their responsibilities sells CDs which we now know were totally unrealistically priced. Well more interestingly they hired Charles from Wall Street firms."

" And established to be a fixed income strategist -- imagine that your job is to come up with all kinds of financial advice based on sophisticated securities and like not --"

" We just wanted to sell CDs sell listening to me that's you know and -- my question is okay this guy's game four he came out 2007 said something's funny going be. He turned him in defender of course Federer took their time about getting into the realities of it but. Didn't he think. That you know 9% and the CD was an unreasonable rate -- how many really analyze the C -- he want to work there."

" They say we want you to Saudi CDs he said I'm not going to sell these CDs they fired him. I am wondering firemen out fire from the big black ball on the fend -- and they said this guy didn't meet our expectations he admitted that not meeting expectations. And a Ponzi scheme but he went back to Finneran himself and a -- he said there unlawful activities going on here he did not know was passed scheme that he thought there was a lot of unlawful things going on but not that level."

" But he went back defend -- and they basically blown off he wanted arbitration board they gave them all kinds that don't fit for I had a chance they had to weigh on the scales whether they believe Stanford or whether they believe this whistle blower and they chose Stanford. Absolutely. Absolutely and and that's says something very important it sort of reminds you what that would Bernie Madoff. Bernie had this great reputation on the street yet all the connections he had friends for goodness -- relatives of the SEC. And they listened to Madoff they didn't listen to -- the other people in the upper right of the former employer and in this case things that I he's just that this."

" Crandall former employee."

" I don't -- him we have fire these -- now we have a new head of enforcement at the FCC's at 29 year old from Goldman Sachs is he the kind of guy. Who would cut through and say look I'm -- did believe the insider whistle -- doesn't have all the connections is the leader of the the group I think the Madoff saying an and the stand for things such an embarrassment to the SEC and -- That they are saying yes we're going to listen everybody from now on if somebody comes up and they think they say something we're going to listen that we're going to see where does."

" That definitely said that you know both agencies of britney's mom you call us."

" How we mister Madoff scandal how we missed the Stanford scandal."

" And that book pledging to do this but the record here is pretty atrocious and when you look at the scale of these Ponzi schemes."

" Analysts going -- I -- make such a mockery of the idea that there is regulation well that it has been back a lesson here as with Madoff is you don't fly into the old boy network if the regulators -- the old boy network. They're going to get screwed and that means we all get screw definitely and you know we don't want you buying into the old boy network regardless whether there's regulation and you got. To know what you buy and Al Lewis good to see a."