Probably worth someone\’s time finding out what is the system of bank deposit guarantee in Antigua and Barbuda.
Stanford International Bank has, by its own admission, somewhere between $7.5 and $8.5 billion US of liabilities. It\’s an Antiguan bank too.
Total population of Antigua and Barbuda is 85,000 people or so.
If SIB does go tits up that\’s a potential $100,000 each that they owe, depending upon how whatever bank deposit guarnatee system they do or don\’t have is set up.