Another Look At Day 2: Unshackling Stanford

R. Allen Stanford is returning to Houston's federal courthouse this morning. It's the third day of a hearing to determine whether Stanford is now competent to stand trial. The financier faces fourteen charges stemming from his alleged masterminding of a $7 billion Ponzi scheme.

The defense opened the second day of testimony by asking Judge David Hittner whether Stanford’s wrist manacles could be removed so that the defendant could take notes. The judge agreed. He said he’d been waiting for the defense to make the request all through the first day of testimony and would have granted it then if asked. Stanford’s ankles remained shackled.

Stanford sat through the proceedings calmly. He spoke with his legal team during breaks in the testimony, at one point reading material one of his attorneys had set up for him on a laptop.

The defense called neurologist Ralph Lilly and forensic psychiatrist Victor Scarano as expert witnesses. Both doctors testified that Stanford remained incompetent to stand trial, due to the effects of a traumatic brain injury he suffered in a jailhouse fight.

Testimony in the hearing is expected to wrap up later today.

Bio photo of Andrew Schneider

Andrew Schneider

Business Reporter

Andrew Schneider joined KUHF in January 2011, after more than a decade as a print reporter for The Kiplinger Letter...