Though most of the press is no longer referring to Allen Stanford as "Sir Allen," the guy is still acting as if he were royalty.

Faced with an SEC probe, the Texan once knighted by Antigua and later captured in Virginia sends his regrets. He declines to participate in this particular gala, the Wall Street Journal reports. The accused mini-Madoff probably thinks it's nothing more than a lynching party, and he's right.

And what's probably worse in his mind, he's been dropped from the latest Forbes list of billionaires because those who keep tabs have decided that his assets are probably illusory. The Houston Chronicle says:

But you don't have to refrain from sympathizing with the real billionaires. The Chronicle says:

That's more respect from the press than Stanford and his court-appointed receiver are showing for the guy's 1,000 serfs: They've already been hung out to dry. They've not only all been canned, but thanks to that slippery snake Stanford they can't even get COBRA, the Chronicle reports:

Now that Stanford's fairy-tale parties are over, his former employees have been turned into pumpkins and squashed as if they were props at a Gallagher show (video) — the situation's just about as unfunny. Some details regarding the future of those employees already let go:

Whereas Stanford might want to purchase some more life insurance.