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That's not true with Billy." What was true was the revelation that the FBI is investigating possible irregularities in the handling by the National Bank of Georgia of a $6.5 million credit line extended to the Carter peanut business in 1975. Billy was head of the business at the time, and the president of the NBG was Bert Lance, Jimmy Carter's first director of the Office of Management and Budget...

Author: /time Magazine | Title: Nation: My Brother Billy | 3/12/1979 | See Source »

...inside the town limits, two new buildings vie in raw gracelessness, both souvenir shops. The rival tour wagons jostle Winnebagos, in flight from the snows of Nebraska, Montana, Minnesota, Illinois and hovering here at the dozen chances to buy a now amplified selection of interchangeable junk mementos - the grinning peanut in still more awful avatars, Billy T shirts, yardsticks, local cookbooks (revealing how deeply the taste-destroying shortcut has driven in its charge south). Carter family members who have stayed on move more carefully now, cautious of the speed with which packs of strangers can gather at a glimpse...

Author: /time Magazine | Title: Nation: The Strong Old Rhythms of Plains | 2/5/1979 | See Source »

...class homes of the past 90 years. The one long block of South Hudson Street still shows black hovels in what seems permanently frozen collapse. No sign of pork-barrel public works or decor (beyond merciful provision for human excretion), no Carter statues yet, no rumors of veiled Saudi peanut takeovers. And any conversation with a longtime resident is likely to reveal that, under some genuine annoyance with the present, the spiritual structures of the past are standing, for better or worse, and straining to survive till Jimmy is a private citizen (six years at most) and Plains...

Author: /time Magazine | Title: Nation: The Strong Old Rhythms of Plains | 2/5/1979 | See Source »

...report did, however, detail a sometimes sloppy relationship between Lance's bank and the Carter enterprise in Plains. Loans to build a new warehouse and to construct a peanut sheller at one time totaled about $1 million. On two occasions, the bank reduced the interest rates on these loans, eventually to a rate of 1½ percentage points above the prime rate. At the time of the last rate reduction on the construction loan, the prime rate, which banks charge their most credit-worthy customers, was 7%. Said Lance: "There were good and sufficient banking reasons for those decisions...

Author: /time Magazine | Title: Nation: The Carters' peanut Money | 1/29/1979 | See Source »

Held on $500,000 bail, Bario was sitting in his cell on Dec. 16 when the prisoners were served peanut butter sandwiches. Bario took one bite of his and threw the rest in the toilet. Moments later he was found in convulsions. He has been in a coma ever since. Initial tests revealed strychnine in his blood; subsequent ones did not. There was no poison found in his sandwich or in a white powder on the cell floor. His wife Joanne doubts the thoroughness of these tests, however. She was not told of the incident until two days later, when...

Author: /time Magazine | Title: Nation: The Case of Agent Bario | 1/29/1979 | See Source »

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