Word: thrifts
(lookup in dictionary)
(lookup stats)
Dates: during 1990-1999
Sort By: most recent first
(reverse)
...hands were cuffed. The OTS ((Office of Thrift Supervision)) had a long- standing rule of confidentiality of these proceedings. I'm happy that the doors are open. I'm ready to come out swinging. I've taken enough abuse. You know, in January I was so overwhelmed. It just exploded into a public nightmare for me. So I reacted, frankly, by not taking as much care of myself. I worried about it. I read all the newspaper stories. I worried about what the next leak was going to be. I worried about the impact on Dad and my role...
...Despite being in charge when the multibillion-dollar casino was opened, Republicans have been feigning shock -- shock! -- that any gambling was going on at all. The Administration has belatedly been making a great show of prosecuting the most egregious offenders. Just last week the government charged high-profile Dallas thrift owner Edwin McBirney III with 17 counts of bank fraud. Cleaning up the mess at his Sunbelt Savings Association of Texas, which was taken over by regulators in 1986, has so far cost $2 billion...
Dixon lived with panache, lounging at a posh beach house in Solana Beach, Calif., and entertaining Vernon executives in high style. Trouble was, the money for such perks allegedly came from the thrift's vaults. According to the indictment, the rent on Dixon's beach house was paid by an associate, Jack Atkinson, who had got loans from Vernon. All told, Atkinson paid $577,000 in rent through loans. When Vernon would no longer extend the credit, Dixon allegedly arranged for Atkinson to receive an extra $24,200 as a "consulting" fee, which also went toward the rent...
...indictment charges that Vernon S&L picked up the tab for Dixon's personal trips and parties, some of them featuring prostitutes. Tagging along ! on several outings was the highest-ranking thrift regulator in Texas, Linton Bowman, who has not been charged with any wrongdoing. Dixon sought to win political allies with hard cash. He allegedly had Vernon make illegal contributions to the campaigns of such politicians as California Senator Alan Cranston, former House Majority Whip Tony Coelho and former House Speaker Jim Wright, all of whom have been tarnished by other connections to the S&L scandal. None...
...Government indicts Texan Don Dixon for his part in a $1.3 billion thrift failure. But how many other cases will the U.S. prosecute? -- A children's crusade against McDonald...