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Allen Stanford Sentenced to 110 Years for Ponzi Scheme

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    FBN’s Robert Gray breaks down the afternoon markets.

  • Duration 0:57
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I'm Robert -- -- your Fox Business -- Allen Stanford has been sentenced to 110 years in federal prison.

For his involvement in a Ponzi scheme did you investors out of more than seven billion dollars.

He faces much as 230 years behind bars in March Stanford was convicted on thirteen out of fourteen charges of fraud.

A tough day today for AOL shares are plunging -- shareholders reelected the company's entire eight member board of directors at the annual meeting.

This despite efforts from hedge -- starboard value to game three seats on the board.

Had a rally on Wall Street continues for stocks investors -- in the possibility that European leaders are working on yet another big bail out.

This is overshadowed some disappointing news on the US labor market right now the Dow Jones Industrial Average up nine.

And that is the latest from the Fox Business Network giving you the power to prosper.