Word: pulliam
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Dates: during 1980-1989
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POLLY (NBC, Nov. 12, 7 p.m. EST). Will a batch of new songs and The Cosby Show's Keshia Knight Pulliam be able to improve on the old Disney film about an orphan with a cheery outlook? Don't be a Pollyanna...
...would do at that age. You call home. You call home to Mother and Father and say, 'I'd like to get into the National Guard.' " The only difference was that Quayle's parents were not quite Ma and Pa Kettle. His mother Corinne is the daughter of Eugene Pulliam, a conservative Hoosier press lord who dominated the state as the publisher of the Indianapolis News and the Indianapolis Star. The managing editor of the News was then Wendell Phillippi, a retired major general who had commanded the Indiana Guard. According to Phillippi, Quayle called him to ask for help...
Quayle's upbringing was almost as charmed as Bush's. Born in Indianapolis into the Pulliam publishing family, whose newspapers rank 18th in circulation nationwide and whose fortune is estimated at somewhere above $1 billion, Quayle moved to Arizona when his father took over public relations for part of the newspaper chain there. He developed a lifelong affection for golf and Senator Barry Goldwater, in that order. The family returned to Indiana during his senior year of high school, when Quayle's father became publisher of the Huntington Herald-Press. Quayle immediately became a member of the "A clique" there...
...faded fast in 1986, when the two banks went belly-up. Soon thereafter Wasson left the Guard and resigned his banking posts. Last week a federal grand jury in Oklahoma City charged Wasson, 50, with 16 counts of fraud. The indictment handed up against him and a partner, Melvin Pulliam, 63, said the duo conspired to embezzle $1.3 million from the banks and the U.S. Government. Authorities contend that Wasson used the confidential records of soldiers who had served in his National Guard unit to create applications in their names for six bank loans guaranteed by the Small Business Administration...
Should they be convicted, Wasson and Pulliam will join a growing army of felons in the financial industry. The majority of the crimes, including fraudulent land deals, payouts to bogus borrowers and lavish living at depositors' expense, have been uncovered in Texas and California, where financial institutions grew especially fast in the early 1980s. But the problem is by no means restricted to those states. A report issued in January by the Comptroller of the Currency found that in 35% of the 189 U.S. bank failures from 1979 to 1987, fraud or insider abuse was "a significant factor." Among...