[moredasers]

http://www.cnn.com/video/data/2.0/vi...fraud.cnn.html

Well, I was wondering how long it would take for more of these things to start falling out of the trees. I was actually beginning to breathe easier because the damage seemed limited to Madoff, but now.....

http://www.msnbc.msn.com/id/29257569

This is going to be fun. (Not)

Update: The spreading begins. Countries suspend Stanford banks.

http://news.bbc.co.uk/2/hi/americas/7899680.stm?lss

http://www.reuters.com/article/marke...50667820090219

I am always fascinated by things like this. For now, (amazingly) In many places it is still "below the radar" of public interest, and its always interesting to me to see how long these things take to reach "critical" mass and explode onto the "big" headlines. I give it not more than another day.

Update: The "Cricket Tycoon" nabbed: http://blogs.moneycentral.msn.com/to...ot-nabbed.aspx