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Friday, July 30, 2010

LR angle in SEC case in Texas

Posted by Max Brantley on Fri, Jul 30, 2010 at 11:53 AM

Yes, there's an Arkansas angle in the SEC civil complaint alleging securities fraud against Texas billionaires Samuel and Charles Wyly. Also named is Dallas stockbroker Louis Schaufele III, a Little Rock native.

Schaufele and the Wylys turned up in earlier reporting about the implosion of the Stanford Group, where Schaufele once worked. Schaufele was a key figure several years ago in congressional investigations of off-shore tax havens. The website of the Episcopal Foundation of Dallas lists him as treasurer and vice president of the board.

Tags: Louis Schaufele III, Samuel and Charles Wyly, SEC complaint

        
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I thought SEC was Hogs football but this is about some boring ass crap and it is too hot to worry with rich people scamming other rich people.

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Posted by Citizen1 on July 30, 2010 at 12:55 PM

Me too, I thought we had a good SouthEasternConference football scandal blog going on, but Max doesn't realize peeps would rather talk about the SEC football conference than some more rich guy republicans in a scandal.

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Posted by ActMax on July 30, 2010 at 1:29 PM

Not surprised at your confusion. Makes sense.

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Posted by wannabee conservative on July 30, 2010 at 2:33 PM

Episcopal Foundation of Dallas?

Wasn't Karl Rove active in that Foundation before becoming the "architect?"

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Posted by eLwood on July 30, 2010 at 2:38 PM

Which of the Wylys Brothers is pumping significant monies into the Ark R Congressional campaigns?

The bankrupt rodeo clown over in Cong Dist 1 got some it didn't he?

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Posted by eLwood on July 30, 2010 at 2:42 PM

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