What Do Allen Stanford And Pete Townshend Have In Common? A Kick-Ass Drug

Houston's Allen Stanford has told a federal judge here he's not guilty of a billion-dollar Ponzi scheme; he's also asking to be let out on bail.

Stanford's attorney, Dick DeGuerin, told federal magistrate that his client has has a bad week, what with all the transferring between jails.

He also, according to the Times of London, says Stanford's now taking Ativan.

Mr DeGuerin disclosed in a court filing that Mr Stanford, once ranked the 605th richest person in the world with a fortune of over $2 billion, had begun taking the anti-anxiety medication Ativan.

He said the disgraced financier had began drinking heavily "to self medicate his depression and anxiety" after he was hit with civil fraud charges in February, before being prescribed Ativan.

"Since he began taking Ativan to appropriately manage his anxiety, Mr Stanford has not relied on alcohol to self-medicate," the court filing said.

Ativan? Let's look at what drug connoisseur Pete Townshend had to say about that little drug.

He once called it "worse than heroin," but he loved the stuff. He told Penthouse in 1983:

I went to this doctor and he prescribed some sleeping tablets, some high-power vitamins, and an anti-depressant, or tranquilizer of sorts, called Ativan. [Ativan is chemically a close relative to Valium and Librium.] Now these Ativans were really the business. They made me feel incredibly good. I felt as if I could cope with everything.

I'd been freebasing two or three grams of coke, which required about half an ounce of coke to produce; I was smoking about one gram, sometimes more, of heroin; and on top of that I was usually taking about eight to ten Ativan tablets plus two or three sleeping tablets to get to sleep at night -- I was a walking pillbox.

Pete Townshend says a drug is "really the business"? Yeah, we're guessing Stanford is a little calmer these days.

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Richard Connelly
Contact: Richard Connelly