Word: flippin
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...bank loan. Yet Proctor himself was evidently still trying to get the financial statement from the Clintons. Susan Sisk, the senior lender at Twin City at the time, recalls chatting with Wes Strange, 1st Ozark's new president, who mentioned that Clinton had recently made a speech in the Flippin area. "I told Bill," Strange reported to Sisk, "we still need the financial statement...
...EVERYONE AT THE BANK IN FLIPPIN WAS COMFORTABLE ABOUT what was happening. Vernon Dewey, a loan officer at 1st Ozark, thought it was imprudent and that the bank should call the loan. He'd written the Clintons repeatedly asking, then demanding, that they provide a financial disclosure. He couldn't understand why the Clintons wouldn't provide it. Surely they understood that no matter what the statements showed, the bank was all but certain to renew the loan since he was the Governor. The Whitewater loan was the only one in the bank's portfolio that had such irregular documentation...
...next weekend, Chris Wade, the owner of Ozarks Realty in Flippin, looked out his window and saw a large Mercedes pull into his lot. Hardly anyone in Flippin (pop. 1,000) drove an import, let alone a Mercedes. Out walked Jim McDougal, impeccably dressed in a dark suit even though it was the weekend, and Susan in a tank top. The two came in and announced they had just bought 1,200 acres nearby. Wade pointed out that the acreage consisted of scattered parcels, some of them lacking road frontage or access. McDougal was impressed that Wade seemed to know...
...Take a look at this," Wade said when the McDougals arrived in Flippin after the three-hour drive from Little Rock. A group of local businesspeople, shareholders of the 101 Development Corp., had just listed a parcel of 230 acres along the White River, about a 20-minute drive from Flippin. The group had bought the property after the prior owner had fallen into bankruptcy. McDougal was intrigued, especially because the acreage had a lot of frontage on the White River. The river descends through the rugged terrain of north-central Arkansas and has stretches of white water, making...
...long after their trip to Flippin, Jim and Susan bumped into Bill and Hillary having dinner at the Black-Eyed Pea. Jim started telling them about the great piece of property he'd just stumbled upon near Flippin. "You'll want to go in with us on this," McDougal confidently predicted...