SlideShare une entreprise Scribd logo
1  sur  3
Télécharger pour lire hors ligne
Stanford News
                                                                                                   Tuesday, February 26, 2008
 FOR IMMEDIATE RELEASE
 For more information contact: Lori Guyton at lguyton@stanfordeagle.com or phone: 1-901-277-6066


             Stanford Financial Group Breaks Ground on Caribbean Expansion
                           Plans unveiled for sophisticated, environmentally friendly
                                global management office complex in St. Croix

 ST. CROIX, U.S. VIRGIN ISLANDS – (February 21, 2008) – Today, United States Virgin Islands
 Governor John P. deJongh, Jr., Lt. Governor Gregory R. Francis, President of the 27th Legislature
 of the Virgin Islands Usie R. Richards, and Executive Director of the Virgin Islands Port Authority
 Darlan Brin joined Sir Allen Stanford, Chairman and CEO of the Stanford Financial Group of
 companies, to break ground on construction of the Stanford Financial Group global management
 complex.

                                                                     The Stanford Financial Group global
                                                                     management complex will be located on a 37-
                                                                     acre site at the southwest corner of the Henry
                                                                     E. Rohlsen International Airport and will house
                                                                     the Stanford companies’ worldwide
                                                                     management functions.

                                                     The business campus will feature 105,000-
                                                     square feet of office space with an expansive
                                                     atrium, skylight and water feature. The main
                                                     building will incorporate St. Croix's distinctive
                                                     Danish West Indian style, architecture and
                                                     elements. It will also include a conference
                                                     facility that will accommodate more than 200
                                                     people. Also included in the complex is a
 45,000-square-foot aviation hangar and office, a food pavilion and a lounge area for staff and
 guests.

 The office building will be among the first in the Caribbean to be certified according to standards
 set forth by LEED (quot;Leadership in Energy and Environmental Design Green Building Rating
 System™quot;). LEED certification is the benchmark for design, construction and operation of efficient
 quot;greenquot; buildings. Local vendors, contractors and consultants will be used for the construction of
 the complex which will result in the creation of over 500 construction employment opportunities on
 St. Croix. A substantial number of permanent jobs will become available upon completion of the
 complex.

 quot;Today is an exciting day for the Stanford Financial Group of companies,quot; said Sir Allen Stanford.
 quot;Not only are we breaking ground on a facility that will house the top-tier team that makes up
 Stanford Financial Group Global Management, but we are expanding our footprint in the Caribbean
 with a permanent business home in St. Croix. We are committed to an environmentally friendly
 development and will do our part to be quot;green,quot; and nowhere is that more important than in the
 Caribbean where the environment is so beautiful and must be preserved and protected at
 whatever cost.quot;


Stanford News                                                                                                     1 of 2 Pages
Stanford News                                  Tuesday, February 26, 2008                                           2 of 2 Pages
 Governor John P. deJongh expressed similar sentiments regarding the impact Stanford's expansion
 will bring to St. Croix stating, quot;I see the relationship between Stanford Financial and the U.S.
 Virgin Islands as positioning the Territory to become a beacon of business opportunity and
 employment possibilities. I am pleased to be a part of a tremendous day for St. Croix and for
 Stanford Financial.quot;

 The new, state-of-the-art facility will serve as the base for the corporate support functions of
 Stanford's global network of financial services companies, including the Chairman’s office and the
 business technology, compliance, finance, human resources, investment strategy and legal
 departments. Stanford will also establish in St. Croix the management offices for the Stanford
 20/20 Cricket Tournament and Stanford Caribbean Investments.

 The projected completion date of the Stanford global management complex is July 2009.

 About Stanford Financial Group
 Stanford Financial Group is a privately held global network of independent, affiliated financial
 services companies led by Chairman and CEO Sir Allen Stanford. The first Stanford company was
 founded by his grandfather, Lodis B. Stanford in 1932. Stanford’s core businesses are private
 wealth management and investment banking for institutions and emerging growth companies.

 The Stanford Financial Group of companies provides private and institutional investors with global
 expertise in asset allocation strategies, investment advisory services, award-winning policy and
 equity research, international private banking and trust administration, commercial banking,
 investment banking, merchant banking, institutional sales and trading, real estate investment and
 insurance. Stanford has over $43 billion in assets under management or advisement. Stanford
 Financial has made it a priority to invest in the communities in which it operates across the globe
 through signature corporate philanthropy initiatives with nonprofit organizations such as St. Jude
 Children’s Research Hospital and countless local and national charities that strengthen
 communities.

 Securities products and services are offered in the United States through Stanford Group
 Company, member FINRA/SIPC. Stanford Financial Group is not a legal entity, but a registered
 trademark which encompasses the global network of independent, but affiliated, privately held and
 wholly owned entities. More information on the company can be found at
 www.stanfordfinancial.com




                                                 Stanford Financial Group
                                       5050 Westheimer, Houston, Texas 77056
                                               Phone:713-964-8300

          Securities products and services offered in the United States by Stanford Group Company, Member FINRA/SIPC.
Stanford Bush

Contenu connexe

En vedette (10)

Madoff Complaint
Madoff ComplaintMadoff Complaint
Madoff Complaint
 
Senatestimulu
SenatestimuluSenatestimulu
Senatestimulu
 
Cs Home Price History 012724
Cs Home Price History 012724Cs Home Price History 012724
Cs Home Price History 012724
 
Madoffreply
MadoffreplyMadoffreply
Madoffreply
 
Tar Preport
Tar PreportTar Preport
Tar Preport
 
Madoffbaildecision
MadoffbaildecisionMadoffbaildecision
Madoffbaildecision
 
Bankofamericaslides
BankofamericaslidesBankofamericaslides
Bankofamericaslides
 
Ge Webcast Presentation 04172009
Ge Webcast Presentation 04172009Ge Webcast Presentation 04172009
Ge Webcast Presentation 04172009
 
1 Q09 Investor Presentation
1 Q09 Investor Presentation1 Q09 Investor Presentation
1 Q09 Investor Presentation
 
Stanfordinternationlfraud
StanfordinternationlfraudStanfordinternationlfraud
Stanfordinternationlfraud
 

Similaire à Stanford Bush

Port Royal Announcement Press Release
Port Royal Announcement Press ReleasePort Royal Announcement Press Release
Port Royal Announcement Press Releasemartyman77
 
Port royal pr 1
Port royal pr 1Port royal pr 1
Port royal pr 1martyman77
 
Port royal fact sheet
Port royal fact sheetPort royal fact sheet
Port royal fact sheetmartyman77
 
Lundin Gold Corporate Presentation January 2018
Lundin Gold Corporate Presentation January 2018Lundin Gold Corporate Presentation January 2018
Lundin Gold Corporate Presentation January 2018Adnet Communications
 
Gulfstream Plaza Executive Summary
Gulfstream Plaza Executive SummaryGulfstream Plaza Executive Summary
Gulfstream Plaza Executive Summarybiloxilights
 
122915 Project List
122915 Project List122915 Project List
122915 Project ListJohn Wu
 
Neptune FS Global, Inc,
Neptune FS Global, Inc,Neptune FS Global, Inc,
Neptune FS Global, Inc,Mark A. Skoda
 
Erik Dowling's Resume
Erik Dowling's ResumeErik Dowling's Resume
Erik Dowling's Resumeerikdowling
 
Lonestar West Inc - Q3 2016
Lonestar West Inc - Q3 2016Lonestar West Inc - Q3 2016
Lonestar West Inc - Q3 2016edsharing
 
Resume Rjg Spt 2012
Resume Rjg Spt 2012Resume Rjg Spt 2012
Resume Rjg Spt 2012rguerrerio
 
Lessard Design Hospitality
Lessard Design Hospitality Lessard Design Hospitality
Lessard Design Hospitality jvhanna2
 
EB5 Visa - Green Card Investment Presentation
EB5 Visa - Green Card Investment PresentationEB5 Visa - Green Card Investment Presentation
EB5 Visa - Green Card Investment PresentationSelda KIRKAN
 
EB5 Visa Presentation Paramount Miami World Center Development
EB5 Visa Presentation Paramount Miami World Center DevelopmentEB5 Visa Presentation Paramount Miami World Center Development
EB5 Visa Presentation Paramount Miami World Center DevelopmentSelda KIRKAN
 
Lonestar West Inc Investor Presentation June 2016
Lonestar West Inc Investor Presentation June 2016Lonestar West Inc Investor Presentation June 2016
Lonestar West Inc Investor Presentation June 2016Cressie Huhn
 

Similaire à Stanford Bush (20)

Port Royal Announcement Press Release
Port Royal Announcement Press ReleasePort Royal Announcement Press Release
Port Royal Announcement Press Release
 
Port royal pr 1
Port royal pr 1Port royal pr 1
Port royal pr 1
 
Port royal fact sheet
Port royal fact sheetPort royal fact sheet
Port royal fact sheet
 
2018 01-15-cp lug
2018 01-15-cp lug2018 01-15-cp lug
2018 01-15-cp lug
 
Lundin Gold Corporate Presentation January 2018
Lundin Gold Corporate Presentation January 2018Lundin Gold Corporate Presentation January 2018
Lundin Gold Corporate Presentation January 2018
 
Gulfstream Plaza Executive Summary
Gulfstream Plaza Executive SummaryGulfstream Plaza Executive Summary
Gulfstream Plaza Executive Summary
 
LB_June_2011
LB_June_2011LB_June_2011
LB_June_2011
 
2018 01-25-cp lug
2018 01-25-cp lug2018 01-25-cp lug
2018 01-25-cp lug
 
The first financial bubble
The first financial bubbleThe first financial bubble
The first financial bubble
 
122915 Project List
122915 Project List122915 Project List
122915 Project List
 
DBS Resume 2015
DBS Resume 2015DBS Resume 2015
DBS Resume 2015
 
Neptune FS Global, Inc,
Neptune FS Global, Inc,Neptune FS Global, Inc,
Neptune FS Global, Inc,
 
Erik Dowling's Resume
Erik Dowling's ResumeErik Dowling's Resume
Erik Dowling's Resume
 
Las vegas sands
Las vegas sandsLas vegas sands
Las vegas sands
 
Lonestar West Inc - Q3 2016
Lonestar West Inc - Q3 2016Lonestar West Inc - Q3 2016
Lonestar West Inc - Q3 2016
 
Resume Rjg Spt 2012
Resume Rjg Spt 2012Resume Rjg Spt 2012
Resume Rjg Spt 2012
 
Lessard Design Hospitality
Lessard Design Hospitality Lessard Design Hospitality
Lessard Design Hospitality
 
EB5 Visa - Green Card Investment Presentation
EB5 Visa - Green Card Investment PresentationEB5 Visa - Green Card Investment Presentation
EB5 Visa - Green Card Investment Presentation
 
EB5 Visa Presentation Paramount Miami World Center Development
EB5 Visa Presentation Paramount Miami World Center DevelopmentEB5 Visa Presentation Paramount Miami World Center Development
EB5 Visa Presentation Paramount Miami World Center Development
 
Lonestar West Inc Investor Presentation June 2016
Lonestar West Inc Investor Presentation June 2016Lonestar West Inc Investor Presentation June 2016
Lonestar West Inc Investor Presentation June 2016
 

Plus de Joseph Weisenthal (13)

Talev 2009 Obama 1040.Source.Prod Affiliate.91
Talev 2009 Obama 1040.Source.Prod Affiliate.91Talev 2009 Obama 1040.Source.Prod Affiliate.91
Talev 2009 Obama 1040.Source.Prod Affiliate.91
 
1040 1913
1040 19131040 1913
1040 1913
 
Mortgagenotes
MortgagenotesMortgagenotes
Mortgagenotes
 
Reg Reform Fact Sheet
Reg Reform Fact SheetReg Reform Fact Sheet
Reg Reform Fact Sheet
 
Publicprivateapplication
PublicprivateapplicationPublicprivateapplication
Publicprivateapplication
 
GE Investor Presentation
GE Investor PresentationGE Investor Presentation
GE Investor Presentation
 
AIG Retention Memo
AIG Retention MemoAIG Retention Memo
AIG Retention Memo
 
Stanfordcomplaint
StanfordcomplaintStanfordcomplaint
Stanfordcomplaint
 
Noeldefense
NoeldefenseNoeldefense
Noeldefense
 
Decemberexistinghomes
DecemberexistinghomesDecemberexistinghomes
Decemberexistinghomes
 
Sylviamadoff Sec2
Sylviamadoff Sec2Sylviamadoff Sec2
Sylviamadoff Sec2
 
Avellinocomplaint
AvellinocomplaintAvellinocomplaint
Avellinocomplaint
 
LennarPonzi
LennarPonziLennarPonzi
LennarPonzi
 

Dernier

Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppttadegebreyesus
 
Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxsimon978302
 
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxDrRkurinjiMalarkurin
 
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...Amil baba
 
The top 4 AI cryptocurrencies to know in 2024 .pdf
The top 4 AI cryptocurrencies to know in 2024 .pdfThe top 4 AI cryptocurrencies to know in 2024 .pdf
The top 4 AI cryptocurrencies to know in 2024 .pdfJhon Thompson
 
Gender and caste discrimination in india
Gender and caste discrimination in indiaGender and caste discrimination in india
Gender and caste discrimination in indiavandanasingh01072003
 
Liquidity Decisions in Financial management
Liquidity Decisions in Financial managementLiquidity Decisions in Financial management
Liquidity Decisions in Financial managementshrutisingh143670
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfHenry Tapper
 
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书rnrncn29
 
10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdf10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdfglobusfinanza
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderArianna Varetto
 
Hello this ppt is about seminar final project
Hello this ppt is about seminar final projectHello this ppt is about seminar final project
Hello this ppt is about seminar final projectninnasirsi
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Devarsh Vakil
 
Global Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride ConsultingGlobal Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride Consultingswastiknandyofficial
 
What is sip and What are its Benefits in 2024
What is sip and What are its Benefits in 2024What is sip and What are its Benefits in 2024
What is sip and What are its Benefits in 2024prajwalgopocket
 
Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.Precize Formely Leadoff
 
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptPriyankaSharma89719
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGeckoCoinGecko
 
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...beulahfernandes8
 
2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptx2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptxHenry Tapper
 

Dernier (20)

Financial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.pptFinancial analysis on Risk and Return.ppt
Financial analysis on Risk and Return.ppt
 
Financial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptxFinancial Preparation for Millennia.pptx
Financial Preparation for Millennia.pptx
 
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptxIntroduction to Health Economics Dr. R. Kurinji Malar.pptx
Introduction to Health Economics Dr. R. Kurinji Malar.pptx
 
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
Uae-NO1 Rohani Amil In Islamabad Amil Baba in Rawalpindi Kala Jadu Amil In Ra...
 
The top 4 AI cryptocurrencies to know in 2024 .pdf
The top 4 AI cryptocurrencies to know in 2024 .pdfThe top 4 AI cryptocurrencies to know in 2024 .pdf
The top 4 AI cryptocurrencies to know in 2024 .pdf
 
Gender and caste discrimination in india
Gender and caste discrimination in indiaGender and caste discrimination in india
Gender and caste discrimination in india
 
Liquidity Decisions in Financial management
Liquidity Decisions in Financial managementLiquidity Decisions in Financial management
Liquidity Decisions in Financial management
 
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdfKempen ' UK DB Endgame Paper Apr 24 final3.pdf
Kempen ' UK DB Endgame Paper Apr 24 final3.pdf
 
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
『澳洲文凭』买科廷大学毕业证书成绩单办理澳洲Curtin文凭学位证书
 
10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdf10 QuickBooks Tips 2024 - Globus Finanza.pdf
10 QuickBooks Tips 2024 - Globus Finanza.pdf
 
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance LeaderThe Inspirational Story of Julio Herrera Velutini - Global Finance Leader
The Inspirational Story of Julio Herrera Velutini - Global Finance Leader
 
Hello this ppt is about seminar final project
Hello this ppt is about seminar final projectHello this ppt is about seminar final project
Hello this ppt is about seminar final project
 
Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024Market Morning Updates for 16th April 2024
Market Morning Updates for 16th April 2024
 
Global Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride ConsultingGlobal Economic Outlook, 2024 - Scholaride Consulting
Global Economic Outlook, 2024 - Scholaride Consulting
 
What is sip and What are its Benefits in 2024
What is sip and What are its Benefits in 2024What is sip and What are its Benefits in 2024
What is sip and What are its Benefits in 2024
 
Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.Overview of Inkel Unlisted Shares Price.
Overview of Inkel Unlisted Shares Price.
 
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.pptAnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
AnyConv.com__FSS Advance Retail & Distribution - 15.06.17.ppt
 
2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko2024 Q1 Crypto Industry Report | CoinGecko
2024 Q1 Crypto Industry Report | CoinGecko
 
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
Unveiling Poonawalla Fincorp’s Phenomenal Performance Under Abhay Bhutada’s L...
 
2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptx2024-04-09 - Pension Playpen roundtable - slides.pptx
2024-04-09 - Pension Playpen roundtable - slides.pptx
 

Stanford Bush

  • 1. Stanford News Tuesday, February 26, 2008 FOR IMMEDIATE RELEASE For more information contact: Lori Guyton at lguyton@stanfordeagle.com or phone: 1-901-277-6066 Stanford Financial Group Breaks Ground on Caribbean Expansion Plans unveiled for sophisticated, environmentally friendly global management office complex in St. Croix ST. CROIX, U.S. VIRGIN ISLANDS – (February 21, 2008) – Today, United States Virgin Islands Governor John P. deJongh, Jr., Lt. Governor Gregory R. Francis, President of the 27th Legislature of the Virgin Islands Usie R. Richards, and Executive Director of the Virgin Islands Port Authority Darlan Brin joined Sir Allen Stanford, Chairman and CEO of the Stanford Financial Group of companies, to break ground on construction of the Stanford Financial Group global management complex. The Stanford Financial Group global management complex will be located on a 37- acre site at the southwest corner of the Henry E. Rohlsen International Airport and will house the Stanford companies’ worldwide management functions. The business campus will feature 105,000- square feet of office space with an expansive atrium, skylight and water feature. The main building will incorporate St. Croix's distinctive Danish West Indian style, architecture and elements. It will also include a conference facility that will accommodate more than 200 people. Also included in the complex is a 45,000-square-foot aviation hangar and office, a food pavilion and a lounge area for staff and guests. The office building will be among the first in the Caribbean to be certified according to standards set forth by LEED (quot;Leadership in Energy and Environmental Design Green Building Rating System™quot;). LEED certification is the benchmark for design, construction and operation of efficient quot;greenquot; buildings. Local vendors, contractors and consultants will be used for the construction of the complex which will result in the creation of over 500 construction employment opportunities on St. Croix. A substantial number of permanent jobs will become available upon completion of the complex. quot;Today is an exciting day for the Stanford Financial Group of companies,quot; said Sir Allen Stanford. quot;Not only are we breaking ground on a facility that will house the top-tier team that makes up Stanford Financial Group Global Management, but we are expanding our footprint in the Caribbean with a permanent business home in St. Croix. We are committed to an environmentally friendly development and will do our part to be quot;green,quot; and nowhere is that more important than in the Caribbean where the environment is so beautiful and must be preserved and protected at whatever cost.quot; Stanford News 1 of 2 Pages
  • 2. Stanford News Tuesday, February 26, 2008 2 of 2 Pages Governor John P. deJongh expressed similar sentiments regarding the impact Stanford's expansion will bring to St. Croix stating, quot;I see the relationship between Stanford Financial and the U.S. Virgin Islands as positioning the Territory to become a beacon of business opportunity and employment possibilities. I am pleased to be a part of a tremendous day for St. Croix and for Stanford Financial.quot; The new, state-of-the-art facility will serve as the base for the corporate support functions of Stanford's global network of financial services companies, including the Chairman’s office and the business technology, compliance, finance, human resources, investment strategy and legal departments. Stanford will also establish in St. Croix the management offices for the Stanford 20/20 Cricket Tournament and Stanford Caribbean Investments. The projected completion date of the Stanford global management complex is July 2009. About Stanford Financial Group Stanford Financial Group is a privately held global network of independent, affiliated financial services companies led by Chairman and CEO Sir Allen Stanford. The first Stanford company was founded by his grandfather, Lodis B. Stanford in 1932. Stanford’s core businesses are private wealth management and investment banking for institutions and emerging growth companies. The Stanford Financial Group of companies provides private and institutional investors with global expertise in asset allocation strategies, investment advisory services, award-winning policy and equity research, international private banking and trust administration, commercial banking, investment banking, merchant banking, institutional sales and trading, real estate investment and insurance. Stanford has over $43 billion in assets under management or advisement. Stanford Financial has made it a priority to invest in the communities in which it operates across the globe through signature corporate philanthropy initiatives with nonprofit organizations such as St. Jude Children’s Research Hospital and countless local and national charities that strengthen communities. Securities products and services are offered in the United States through Stanford Group Company, member FINRA/SIPC. Stanford Financial Group is not a legal entity, but a registered trademark which encompasses the global network of independent, but affiliated, privately held and wholly owned entities. More information on the company can be found at www.stanfordfinancial.com Stanford Financial Group 5050 Westheimer, Houston, Texas 77056 Phone:713-964-8300 Securities products and services offered in the United States by Stanford Group Company, Member FINRA/SIPC.