Word: burgee
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Given that Wade was a founder and director of the Citizens Bank & Trust Co. of Flippin, it wasn't surprising that McDougal turned there first to finance the purchase of the 101 tract, with Wade's encouragement. The loan officer was a young senior vice president, Frank Burge, who was...
Given the incestuous relationships (prohibited under current banking laws), it's surprising the application didn't breeze through the approval process. Despite its small asset base and remote location, the bank in Flippin was conservatively run. By its standards, a $200,000 loan was a big deal. Burge was also...
Burge discussed his concerns with the bank's board members. They were, of course, aware that Clinton was likely to be the state's next Governor. They were flattered that he was interested in investing in their part of the state, and even more flattered that, as McDougal informed them...
White House adviser Lindsey now says the Clintons paid, and deducted from their federally taxable income, "about $10,000" of interest in 1978. Records examined by TIME, however, indicate that the banks received at most $5,752 in interest that year. So how could the Clintons have claimed they alone...
The timeworn book by Guy Bolton and P.G. Wodehouse portrayed the well-heeled Long Island crowd in the Gatsby era. James Racheff's adaptation, first seen in a smaller-scale 1989 version at Connecticut's Goodspeed Opera House, transposes the locale to Harlem. It brings together a moneyed sophisticate, black...