Word: friends
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Dates: during 1970-1979
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Thomas Bertram Lance started work, after dropping out of the University of Georgia, as a $90-a-month teller at the Calhoun First National Bank, run by his wife's grandfather. Seven years later Bert Lance and his friends bought control of the bank, and the hulking (6 ft. 4 in.) country slicker from Young Harris (pop. 544) helped turn the area into a prosperous carpet center with his high-risk loans to local small businesses. He soon parlayed his bank connections into a paper empire, tried unsuccessfully to succeed his friend Jimmy Carter as Governor of Georgia, took...
Lance's activities, and those of Co-Defendants Richard Carr, Thomas Mitchell and H. Jackson Mullins, were not all that complex. While his friend and client Billy Carter was said to be "kiting" checks, Lance was apparently kiting banks. He played the game with a series of unsecured loans, the Government charges, borrowing from one bank to pay off another; his relatives and associates took out more than 383 loans from more than 40 banks. Long-term overdrafts were also used as interest-free loans, the indictment states. In 1975, 21 associates and friends, who held less than...
...when I'm found innocent." Co-Defendant Mitchell claimed the indictment was an act of Yankee malice. Said he: "The War Between the States? They said it was over 100 years ago." Mullins, a former druggist in Calhoun, sounded equally aggrieved: "Apparently, my only crime was being a friend of Bert Lance's and a supporter of Jimmy Carter...
...become the biggest tease in American politics, announcing his support for Jimmy Carter's re-election one moment, hinting at his own ambitions the next, and all the while avoiding a categorical denial that he will run. Even House Speaker Tip O'Neill, an old friend, is not sure whether the Senator will end up declaring, but he is convinced of one thing: "If Kennedy were to run, Carter wouldn't get the nomination...
Nixon purchased the San Clemente property in 1969 for $1.5 million, in partnership with longtime Friend Robert Abplanalp. In the following years, $6.1 million worth of improvements were made to the estate at taxpayer expense. Much of this was used to install the communications links and elaborate security facilities required by a President and to provide working and sleeping accommodations for the large staff that accompanied Nixon whenever he left Washington...