Richard Cochran of Baton Rouge, La., is 79 years old and looking for work in the construction industry. “I’m a tough, old construction manager,” he said after six decades of building everything from gas stations to the Kennedy Space Center. Cochran had the misfortune of investing in Certificates of Deposit at the Stanford Financial Group. Turns out, his hard-earned retirement funds went into a $7 billion international Ponzi scheme, and its mastermind, Allen Stanford, is slated for sentencing June 14. Read more on MarketWatch here.
