The Nation Newspaper "Local regulators said the bank's finances are sound and appealed for calm. The bank, though owned by the Stanford Financial Group, Stanford's Houston-based financial advisory firm, is not part of the United States complaint.
'If individuals persist in rushing to the bank in a panic they will precipitate the very situation that we are all trying to avoid,' said K. Dwight Venner, governor of the Eastern Caribbean Central Bank, the banking regulator for Antigua and seven other island economies."
'If individuals persist in rushing to the bank in a panic they will precipitate the very situation that we are all trying to avoid,' said K. Dwight Venner, governor of the Eastern Caribbean Central Bank, the banking regulator for Antigua and seven other island economies."
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