Word: sol
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...said he'd been thinking about a tractor and said he thought he could get one in a trade for a barn of oats we had. I told him to go ahead and try. He went off and came back with a tractor." How to Succeed. Billie Sol started out in farming, and he prospered at it. By the time he was 28 he was doing so well as a cotton farmer that the U.S. Junior Chamber of Commerce named him one of the U.S.'s ten outstanding young men of 1953. Billie Sol traveled to Seattle...
...school board post. To get revenge, Estes set up a rival paper. Upshot: the Independent investigated and printed the first exposure of Billie Sol's tank-mortgage fraud. The alarmed finance companies sent in swarms of investigators, and Billie Sol's empire came crashing down with a thud that reverberated all the way to Washington. On March 29, the FBI arrested Estes on charges of transporting the bogus mortgages across state lines. Estes is now out on bail, but is under both a federal indictment for fraud and a state indictment for theft...
...Good Investment." Besides the Agriculture men, one other Administration official has lost his job because of ties to Billie Sol: Assistant Secretary of Labor Jerry Holleman, former president of the Texas
...Ralph, Morris and Jacobs have all departed from the Agriculture Department since the Neiman-Marcus revelations. Morris proved to have other links with Billie Sol. His wife had been on Billie Sol's payroll as "Washington columnist" for the paper in Pecos, and in Estes' files were some very friendly letters that Morris had written...
Jacobs denied that Billie Sol bought any clothing for him. The only gifts he ever accepted from Estes, he said, were two rides in Estes' private plane, several meals, a box of cigars and a 5-lb. bag of pecans. Yes, Billie Sol did go into Neiman-Marcus with him, Jacobs admitted, but "I had my own money." Jacobs resigned his post anyway. Maybe he knew it would be hard for people to believe that a $6,500-a-year Government official would be carrying around $1,433.20 in cash to spend for clothing...