Word: beebee
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Of all the fast-buck artists who contributed to the savings and loan crisis, Herman Beebe Sr. is among the most notorious. Rising from an impoverished boyhood in Louisiana's woods, Beebe had built, by the early 1980s, a $150 million financial empire that stretched across the Sunbelt. But the...
The centerpiece of Beebe's empire was AMI, his company based in Shreveport, La., which invested in banks and thrifts, insurance companies, motels and nursing homes. Beebe and his colleagues at one time or another held control of nearly 40 banks and S & Ls, through which they allegedly made insider...
Beebe used his financial institutions to bankroll everything from polo fields to time-share condos and mini-warehouses. Though a 1987 federal case against Beebe ended in a mistrial, the Government has contended that he was one of his own biggest customers, using the network of banks and thrifts to...
There was once another glittering paper in Manhattan. During its 131 tumultuous years, the New York Herald Tribune often seemed larger than the life it tried to record. Legends stalked its pages: Lucius Beebe, Walter Lippmann, Grantland Rice. Abraham Lincoln courted the paper's support; so did Lyndon Johnson. The...
That single private car in use two decades ago was the Virginia City, a Pullman redecorated in the 1950s to the specifications of cafe society Chronicler Lucius Beebe and his friend Charles Clegg, members of the crushed- velvet school of design. The rococo trappings, now somewhat tattered, include gold-colored...