Specifically, they are linking Stanford, money laundering by drug cartels, and quite possible CIA protection of Stanford.
I summarize it on my blog
http://polizeros.com/2009/02/18/allen-stanford-scandal/
If true, this could easily be bigger than Madoff.
PS As for BHO and the Billionaires, a friend who makes political greeting cards has said the same thing, how do I satirize Obama?