Word: loaned
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Dates: during 1990-1999
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...perky cheerleader facade. "Look at these numbers," she said. "This is a list of our contributions, and this is a list of yours. I really don't understand your attitude given these numbers. If you don't give the bank the statement, they're going to call the loan." She still couldn't bring herself to admit that in that event, she couldn't pay it, and it would fall to the Clintons. She continued, "This is really important. We have nothing to worry about if you give me the statement...
...loan expiration date, nothing had been resolved. But the next time Susan spoke to Proctor, he mentioned that he "just wanted you to know" that he was dealing with Hillary on the matter, and that he was sure there would be "no problems." In marked contrast to their earlier conversations, Proctor seemed to be falling all over himself to be nice, asking her how things were going and telling her not to worry about the Whitewater bank loan. Yet Proctor himself was evidently still trying to get the financial statement from the Clintons. Susan Sisk, the senior lender at Twin...
...various bonds issued under the adfa, it was named the trustee for four bond issues in 1988 and 1989, which brought in some lucrative fee income. Twin City, in turn, steered at least some legal work to the Rose firm. So when the unresolved issue of the Whitewater loan again arose at a 1st Ozark board meeting, Penick said, "Margaret and Hillary are close friends, so I'll have Margaret talk to Hillary about this...
Apparently the matter of the loan renewal was temporarily patched over with the bank, which agreed to take the land purchasers' payments for the next six months. In a letter dated Dec. 16, 1986, McDougal informed Bill and Hillary that three land buyers had defaulted, "thereby creating a shortfall of about $1,000 a month for our monthly payment ... We have negotiated an arrangement with the bank to accept the amount we are now receiving from customers as the monthly payment over the next six months. This will take us into the month of May 1987." Susan was never aware...
...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...