Word: bankes
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Dates: during 1970-1979
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...report detailed how the committee's staff had compared Brooke's checkbook with other records and found that a number of entries had been obliterated or changed. One of them concerned an Oct. 4, 1972, bank deposit for $27,500 that was originally recorded in the checkbook as a loan from the Bank of Montreal. But when Brooke's lawyers submitted his checkbook to the Ethics Committee, the $27,500 was listed as a return of capital on an investment. Brooke and his lawyers claim that the alteration was made to correct a clerical error...
Butcher claims that he is worth $8.3 million. His fortune is based on a 14-bank family empire that was built on heavy borrowing. At the beginning of the campaign, he put his holdings into two trusts that are managed by his brother, C.H. Butcher. To help Jake meet interest obligations that will exceed his $50,000 salary as Governor by about $200,000 a year, Brother C.H. offered to take care of the debt service and to give him an additional $100,000 each year he serves as Governor. Jake quickly declined the offer, lamely insisting that his brother...
...Governor, Butcher resigned as chairman of the United American Bank of Knoxville, which is the largest bank in the chain. He owns one-fourth of the bank's stock. For the first six months of this year, U.A.B.'s earnings were down by 52%, but the bank nonetheless increased its dividend from 160 to 180 a share. Other bankers suggest that the move was chiefly intended to increase Butcher's income, but he says he had nothing to do with...
Percy's problems are largely with members of his own party, especially those in the balky conservative wing, who have loathed him for years. Said a veteran Republican moderate: "The conservatives have been waiting to get him. They've been like alligators lying on a river bank." The poll shows Percy actually behind Seith in traditionally Republican counties downstate and running only a few points ahead in heavily Republican DuPage County, a Chicago suburb he swept by a margin of 50 percentage points six years...
...with a wife who comes from a wealthy Rochester, N.Y., family, Seith has poured $600,000 of his own and his wife's money into the campaign. Percy, stunned by his new underdog status, finds himself short on funds and has had to spend $100,000 from his personal bank account. He is now pleading for contributions to finance a last-minute TV blitz that he hopes will chase away the incumbency blues and turn the election around...