Financier Stanford, ill and in solitary, declines speedy trial
5 mins ago
HOUSTON, Texas (AFP) – Disgraced financier Allen Stanford appeared ill in court Wednesday but declined a speedy trial despite the fact that he is being held in solitary confinement after being beaten up in jail.
The former cricket mogul, who was briefly hospitalized in September and diagnosed with a non-life-threatening aneurysm in his leg, began spitting up blood during a status hearing in Houston, Texas.
Judge David Hittner interrupted the proceedings to ask "is your client okay?" at which point Stanford nodded and rebuffed a court officer who tried to help him.
Stanford's lawyer told the judge that he needed at least two years to mount a defense for the flamboyant Texan accused of bilking investors out of seven billion dollars.
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Stanford, 59, faces up to 375 years in jail if convicted on 21 charges of fraud, money-laundering and obstruction.
http://news.yahoo.com/s/afp/usfinancefraudcourtstanfordcricket;_ylt=ApV_icHbcZAOHzpVML291jUFO7gF