Articles by Anna Driver

Update on Ebola in U.S.: New CDC Protocols, Rapid Response Team, Czar

The United States issued stringent new protocols on Monday for health workers treating Ebola victims, directing medical teams to wear protective gear that leaves no skin or hair exposed to prevent medical workers from becoming infected. The new guidelines from …

What Did Regulators Know Before Texas Plant Exploded?

Despite being located within a short walk of a nursing home, school and residential buildings, West Fertilizer Co. in central Texas had no blast walls and had filed no contingency plan to the Environmental Protection Agency for a major explosion …

Stanford’s Lawyers Plan to Appeal 110-Year Sentence

Former billionaire Allen Stanford was sentenced in Houston to 110 years in prison on July 14 for running a $7 billion scheme in which he stole money from his investors to finance an extravagant lifestyle in the Caribbean. His attorneys …

Witness: Stanford Was Center of Fraud

Allen Stanford used fake insurance and false financial statements to deceive investors and regulators as he sought to shield his global financial empire from government scrutiny for more than two decades, his top deputy said on Feb. 2. James Davis …

Former Texas Financier Stanford Heads to Court

No one calls him Sir Allen Stanford anymore. He is inmate number 35017-183. On Monday, the Texas financier headed to court in Houston to battle charges that he operated a $7 billion Ponzi scheme from Stanford International Bank Ltd, his …

SEC Sues Brokerage Insurance Fund Over Stanford Victims’ Claims

Federal securities regulators have sued a brokerage industry backed fund on behalf of victims who lost money in Allen Stanford’s alleged $7 billion Ponzi scheme and have yet to recover any funds. The U.S. Securities and Exchange Commission asked a …

U.S. Report Pins Most Blame for Gulf Oil Spill on BP

The United States heaped the lion’s share of blame for the country’s biggest ever offshore oil spill on BP Wednesday as the government issued its final assessment of last year’s Gulf disaster. In a report that may be pivotal in …

One Year Later, Gulf States Still Grappling with BP Oil Disaster

When a BP oil rig exploded and sank in the Gulf of Mexico last April, killing 11 workers, authorities first reported that no crude was leaking into the ocean. They were wrong. The disaster that captivated the world’s attention for …

Gulf Oil Spill Claimants Offered ‘Quick Pay’ Option

The administrator of BP Plc’s $20 billion fund to compensate U.S. Gulf Coast residents affected by the oil spill said Monday he would speed up the process by offering quick payments to those who waive their right to sue. The …

Stanford, Execs Deny Key Role in Alleged Fraud Cited by Lloyd’s

Lawyers for Texas financier Allen Stanford and two accounting executives who worked for him sought to distance their clients Friday from the alleged financial wrongdoing insurer Lloyd’s of London cites as a reason to void a policy covering their defense …