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Seth Ward (Whitewater)
Castle Grande was a real estate development in Arkansas about 10 miles south of Little Rock. It came into National news as a result of the Whitewater investigations. The project was a lot where Jim McDougal hoped to build a microbrewery, shopping center, a trailer park and other future projects in 1985. The land was scrub pine forest that had failed already as an industrial development. The sales price was $1.75 million. State regulations prohibited Jim McDougal from investing more than 6% of his Madison Guaranty S&L assets. So, he put in $600,000 of Madison money and then for the difference had Seth Ward put in the remaining $1.15 million. This money Ward borrowed from Madison Guaranty on non-recourse, no personal obligation to repay. If federal regulators found out, McDougal's S&L could be shut down, since it had already been operating under orders to correct its lending practices. Seth Ward Seth Ward, an Arkansas businessman and Webster Hubbell's father-in-law, was hired by ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Arkansas
Arkansas ( ) is a landlocked state in the South Central United States. It is bordered by Missouri to the north, Tennessee and Mississippi to the east, Louisiana to the south, and Texas and Oklahoma to the west. Its name is from the Osage language, a Dhegiha Siouan language, and referred to their relatives, the Quapaw people. The state's diverse geography ranges from the mountainous regions of the Ozark and Ouachita Mountains, which make up the U.S. Interior Highlands, to the densely forested land in the south known as the Arkansas Timberlands, to the eastern lowlands along the Mississippi River and the Arkansas Delta. Arkansas is the 29th largest by area and the 34th most populous state, with a population of just over 3 million at the 2020 census. The capital and most populous city is Little Rock, in the central part of the state, a hub for transportation, business, culture, and government. The northwestern corner of the state, including the Fayetteville–Springdaleâ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
CBS News
CBS News is the news division of the American television and radio service CBS. CBS News television programs include the ''CBS Evening News'', ''CBS Mornings'', news magazine programs '' CBS News Sunday Morning'', '' 60 Minutes'', and '' 48 Hours'', and Sunday morning political affairs program ''Face the Nation''. CBS News Radio produces hourly newscasts for hundreds of radio stations, and also oversees CBS News podcasts like '' The Takeout Podcast''. CBS News also operates a 24-hour digital news network. Up until April 2021, the president and senior executive producer of CBS News was Susan Zirinsky, who assumed the role on March 1, 2019. Zirinsky, the first female president of the network's news division, was announced as the choice to replace David Rhodes on January 6, 2019. The announcement came amid news that Rhodes would step down as president of CBS News "amid falling ratings and the fallout from revelations from an investigation into sexual misconduct allegations" ag ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Susan Webber Wright
Susan Webber Wright (née Carter; born August 1, 1948) is a Senior United States district judge of the United States District Court for the Eastern District of Arkansas. Wright is a former judge on the United States Foreign Intelligence Surveillance Court. She received national attention when she first dismissed the sexual harassment lawsuit brought by Paula Jones against President Bill Clinton in 1998, and then, in 1999, found Clinton to be in civil contempt of court. Early life, education, and career Born in Texarkana, Arkansas, Wright received a Bachelor of Arts from Randolph-Macon Woman's College in 1970 and a Master of Public Administration from the University of Arkansas at Fayetteville in 1973. She received her Juris Doctor from University of Arkansas School of Law in 1975. While there, she was a student of future president Bill Clinton in his course on admiralty law; she later challenged him on her grade. The dispute occurred after Clinton lost all the exams and o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Susan McDougal
Susan Carol McDougal (née Henley; born 1955) is a real estate investor who served prison time as a result of the Whitewater controversy. Her refusal to answer "three questions" for a grand jury, on whether President Bill Clinton lied in his testimony during her Whitewater trial, led her to receive a jail sentence of 18 months for contempt of court. That made up most of the total 22 months she spent incarcerated. She received a full presidential pardon from Clinton in the final hours of his presidency in 2001. Early life McDougal was born as Susan Carol Henley in Heidelberg, West Germany, the daughter of James B. Henley and Laurette (Mathieu) Henley. In 1976, Susan married Jim McDougal. The McDougals were partners with President Bill Clinton and Hillary Clinton in the failed Whitewater controversy real estate venture in the 1980s. McDougal separated from her husband in the late 1980s and moved to Los Angeles, California. There, from 1989 to 1992, she worked in Los Angeles as a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barbara Walters
Barbara Jill Walters (born September 25, 1929) is an American broadcast journalist and television personality. Known for her interviewing ability and popularity with viewers, Walters appeared as a host of numerous television programs, including ''Today'', '' The View'', ''20/20'', and the ''ABC Evening News''. Walters was a working journalist from 1951 until her retirement in 2015. Walters began her career on ''The Today Show'' in the early 1960s as a writer and segment producer of women's interest stories. Her popularity with viewers resulted in Walters receiving more airtime, and in 1974, she became co-host of the program, the first woman to hold such a title on an American news program. In 1976, she continued to be a pioneer for women in broadcasting by becoming the first female co-anchor of a network evening news program, alongside Harry Reasoner on the ''ABC Evening News''. From 1979 to 2004, Walters worked as a producer and co-host on the ABC newsmagazine ''20/20''. She als ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Resolution Trust Corporation
The Resolution Trust Corporation (RTC) was a U.S. government-owned asset management company run by Lewis William Seidman and charged with liquidating assets, primarily real estate-related assets such as mortgage loans, that had been assets of savings and loan associations (S&Ls) declared insolvent by the Office of Thrift Supervision (OTS) as a consequence of the savings and loan crisis of the 1980s. It also took over the insurance functions of the former Federal Home Loan Bank Board (FHLBB). Between 1989 and mid-1995, the Resolution Trust Corporation closed or otherwise resolved 747 thrifts with total assets of $394 billion. Its funding was provided by the Resolution Funding Corporation (REFCORP) which still exists to support the debt obligations it created for these functions. History The Resolution Trust Corporation was established in 1989 by the Financial Institutions Reform Recovery and Enforcement Act (FIRREA), and it was overhauled in 1991., Resolution Trust C ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pyramid Scheme
A pyramid scheme is a business model that recruits members via a promise of payments or services for enrolling others into the scheme, rather than supplying investments or sale of products. As recruiting multiplies, recruiting becomes quickly impossible, and most members are unable to profit; as such, pyramid schemes are unsustainable and often illegal. Pyramid schemes have existed for at least a century in different guises. Some multi-level marketing plans have been classified as pyramid schemes. Concept and basic models In a pyramid scheme, an organization compels individuals who wish to join to make a payment. In exchange, the organization promises its new members a share of the money taken from every additional member that they recruit. The directors of the organization (those at the top of the pyramid) also receive a share of these payments. For the directors, the scheme is potentially lucrative—whether or not they do any work, the organization's membership has a strong ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
William Fulbright
James William Fulbright (April 9, 1905 – February 9, 1995) was an American politician, academic, and statesman who represented Arkansas in the United States Senate from 1945 until his resignation in 1974. , Fulbright is the longest serving chairman in the history of the United States Senate Committee on Foreign Relations. He is best known for his strong multilateralist positions on international issues, opposition to American involvement in the Vietnam War, and the creation of the international fellowship program bearing his name, the Fulbright Program. Fulbright was an admirer of Woodrow Wilson and an avowed Anglophile. He was an early advocate for American entry into World War II and aid to Great Britain, first as a college professor and then as an elected member of the U.S. House of Representatives, where he authored the Fulbright Resolution expressing support for international peacekeeping initiatives and American entry into the United Nations. After joining the Senate, Fulb ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Small Business Administration
The United States Small Business Administration (SBA) is an independent agency of the United States government that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters". The agency's activities have been summarized as the "3 Cs" of capital, contracts and counseling. SBA loans are made through banks, credit unions and other lenders who partner with the SBA. The SBA provides a government-backed guarantee on part of the loan. Under the Recovery Act and the Small Business Jobs Act, SBA loans were enhanced to provide up to a 90 percent guarantee in order to strengthen access to capital for small businesses after credit froze in 2008. The agency had record lending volumes in late 2010. SBA helps lead the federal government's efforts to deliver 23 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
David Hale (Whitewater)
David Hale is a former Arkansas municipal judge and former Arkansas banker. He alleged the charges that resulted in the Whitewater scandal trials. Biography He worked with Jim McDougal on $3 million in loans from a lending company he ran. He pleaded guilty and went to jail for conspiring to defraud the Small Business Administration in looting the funds from a dummy business that he had established. He was sentenced to two years and four months in prison for fraud unrelated to the Whitewater deal. As part of his guilty plea for looting money from an insurance company, he provided the allegations for the Whitewater scandal and testimony for its investigators. He testified in the trial of Jim and Susan McDougal in 1989 when the Madison Guaranty Savings and Loan originally failed, and at the time, he never mentioned Clinton in a detailed account of the $300,000 loan. It was only when Hale came under indictment on other charges that he alleged any crime by Clinton. Hale testified in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hickman Ewing
W. Hickman Ewing, Jr. is an American attorney. Ewing served as the United States Attorney for the western district of Tennessee from 1981 to 1991. He later served as the special prosecutor overseeing the Whitewater investigation. Early life Ewing is the son of Addie Carolyn (Young) Ewing and William Hickman Ewing, Sr., a longtime high school football coach and the court clerk of Shelby County, Tennessee, who served time in the 1960s for embezzlement. Ewing attended Whitehaven High School in Memphis, Tennessee, and graduated in 1960. After graduation, he enrolled in Vanderbilt University and then served as an officer in the United States Navy. During the Vietnam War, Ewing was deployed on Swift Boats in Cam Ranh Bay. After returning from Vietnam, Ewing earned his J.D. degree from Memphis State University law school. Ewing then worked for the US attorney's office as a clerk. Ewing was eventually promoted to a prosecutor and worked on a series of cases against public officials in ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paula Casey
Paula Jean Casey (born February 16, 1951) is an American lawyer who served as United States Attorney for the Eastern District of Arkansas (1993–2000). She earned her B.A. degree in 1973 at East Central University in Oklahoma and her J.D. in 1977 at University of Arkansas School of Law at Fayetteville. Casey was a professor at the William H. Bowen School of Law of the University of Arkansas at Little Rock from 1978 to 1993, when she left to become U.S. Attorney. She was an associate dean of the school from 1986 through 1991. She worked with United States Senator Dale Bumpers as Chief Counsel and Legislative Assistant, from 1991 through 1993. She was appointed United States Attorney by Bill Clinton in 1993, serving through 2000. She rejoined the University of Arkansas at Little Rock Law School faculty in 2001. Professor Casey has taught lawyering skills, criminal procedure, evidence, advanced litigation, family law, and property. In 2012 she was recognized by the university for ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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