-Caveat Lector-

from:
http://www.freerepublic.com/forum/a389b6cef4189.htm
Click Here: <A HREF="http://www.freerepublic.com/forum/a389b6cef4189.htm";>S&L
fraud suspect found dead; Suicide possible �</A>
----
Some old nes, but interesting
Om
K
----
FreeRepublic.com "A Conservative News Forum"
------------------------------------------------------------------------
[ Last | Latest Posts | Latest Articles | Self Search | Add Bookmark | Post |
Abuse | Help! ]

Disclaimer: Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and
the exemption for fair use of copyrighted works.
S&L fraud suspect found dead; Suicide possible in Corson case

Crime/Corruption Extended News News Keywords: ROBERT L. CORSON, IRAN-CONTRA,
SAVINGS AND LOAN, MAFIA, CIA
Source: The Houston Chronicle
Published: November 5, 1992 Author: JENNIFER LIEBRUM, LYNWOOD ABRAM, JERRY
URBAN
Posted on 02/04/2000 16:21:03 PST by Wallaby


Not for commercial use. Solely to be used for the educational purposes of
research and open discussion.

S&L fraud suspect found dead; Suicide possible in Corson case
JENNIFER LIEBRUM, LYNWOOD ABRAM, JERRY URBAN; Staff
The Houston Chronicle; A; Pg. 35
November 5, 1992, Thursday, 2 STAR Edition

Former Houston developer Robert Louis Corson, described as one of the Justice
Department's top 10 targets for prosecution of suspected savings-and-loan
fraud, was found dead in an El Paso motel room Wednesday of an apparent drug
overdose.


------------------------------------------------------------------------
"The people around him will fight to create that image that he was a beaten
man," Craig said, "but I know there are a lot of people who wanted Robert L.
Corson dead."
------------------------------------------------------------------------
Corson, 45, who apparently moved to a Phoenix suburb after being indicted
here last year, was en route to Houston to face charges that include
conspiracy, money laundering and misapplication of funds.
His attorney, Jose Gonzalez-Falla, said Corson was depressed about returning
for a Nov. 23 appearance with his mother, Billie Jean Garman, and business
associate Billy W. Chester before U.S. District Judge David M. Hittner.
Federal prosecutors have said they believe Corson's 1986 purchase of Vision
Banc Savings Association of Kingsville triggered a series of illegal loans
totaling more than $ 29 million.
A 23-count indictment charged Corson, Garman and Chester with pocketing more
than $ 8 million from those loans to pay off real estate deals and other
debts, including Garman's gambling debts.
At the time of the indictment, U.S.Attorney Ron Woods said the Vision Banc
prosecution was ""one of the Top 10'' on the U.S. Justice Department's ""Top
100'' list of thrifts in which massive fraud was suspected of playing a major
role in their collapse.
If convicted on all counts, Corson faced up to 135 years in prison and $ 4.5
million in fines.
A maid at the La Quinta in west El Paso found Corson unconscious in his room
just after noon, El Paso Police Sgt. Jerry Ybarra said. His body was
surrounded by several bottles emptied of undisclosed types of pills, police
said.
He was declared dead about an hour later at an El Paso hospital.
No suicide note was found. Police would not say whether they suspect the
apparent overdose was accidental or suicide. But Ybarra said foul play had
been ruled out, and it appeared Corson was alone.
Corson was last heard from about 8 p.m. Tuesday night when he called his son
in Houston, Ybarra said.
But a retired private investigator who has been doing research into Corson
and his alleged exploits urged El Paso authorities not to rule out murder
before declaring the death a suicide.
""He does not fit the profile of a person who commits suicide,'' former
private eye John R.Craig said. ""This is a cold-blooded survivor. And what
was he faced with? A few years in jail, some fines. He was young.
""The people around him will fight to create that image that he was a beaten
man,'' Craig said, ""but I know there are a lot of people who wanted Robert
L. Corson dead. ''
Craig claimed Corson had turned government informant and was helping
prosecutors explore other savings-and-loan debacles, which was leading to
players in the Iran-Contra affair and narcotics traffickers.
Corson was ""trying to work out a deal for himself,'' Craig said. ""You
wouldn't believe who is on the list of people he could inform on. ''
Corson's attorney said his client's despondency was compounded by publication
of ""The Mafia, CIA & George Bush,'' a book by a former Houston Post reporter
that associates him with the Central Intelligence Agency and indirectly with
organized crime activity.
But author  Pete Brewton suggested that if publicity had driven Corson to
take his own life, it was two years late, because his newspaper ran most of
the same information two years before the book's publication.
""He didn't seem very despondent then,'' Brewton said.
Corson had been out of jail on a $ 50,000 unsecured personal recognizance
bond and living most recently in Paradise Valley, Ariz.
His court-appointed attorney, Gonzalez-Falla, said he expected to meet with
Corson on Friday for a pretrial conference in preparation for trial.
Corson and Garman, who controlled Vision Banc's three-person loan committee,
allegedly approved four loans in June 1986 totaling $ 20.4 million to ""straw
borrowers'' -- loan customers who sign loan papers but have no intention of
paying back the proceeds.
About $ 15 million allegedly went to former Houston developer William Michael
Adkinson and others who were accused of using a maze of corporations to
fraudulently finance the purchase of a 21,000-acre undeveloped strip along
the Florida Gulf Coast.
A Florida indictment alleged that the defendants overstated purchase prices
and fees on loan applications to Vision Banc and Hill Financial Services of
Red Hill, Pa., secured title to the property without any liens and resold it
to others, including the state of Florida, at inflated prices.
A second deal allegedly involved a May 1986 loan for $ 5.9 million ostensibly
for a 138-acre Fort Worth development called Southfield Joint Venture
I.Almost $ 800,000 of that loan was allegedly siphoned off to Corson, Garman
and Chester.

------------------------------------------------------------------------
>From the thread of

*   What Jean Lewis Knows

Also see:

*   SIGNS POINT TO MOB INVOLVEMENT IN SAVINGS-AND-LOAN MESS
*   INTRODUCTION: The Mafia, CIA and George Bush

1 Posted on 02/04/2000 16:21:03 PST by Wallaby ([EMAIL PROTECTED])
[ Reply | Private Reply | Top | Last ]

------------------------------------------------------------------------
To: Wallaby
Could that be assisted suicide? ..... just wondering.
2 Posted on 02/04/2000 16:49:56 PST by Great Dane
[ Reply | Private Reply | To 1 | Top | Last ]

------------------------------------------------------------------------
To: Wallaby
THE REPUTED COCAINE BANK MONEY LAUNDRY WIZARD FOR GEORGE BUSH FAMILY ARRESTED
IN CHICAGO

by Sherman H. Skolnick

------------------------------------------------------------------------

The reputed cocaine bank money laundry wizard for former President George
Herbert Walker Bush and two of his sons has been arrested in Chicago. The
matter is tied as well reportedly to corrupt top IRS Officials, Chicago
Region Office fingered by our work.
Giorgio Pelossi, a prominent Swiss accountant, was arrested January 20, 2000,
at O'Hare International Airport, after officials of the U.S. Immigration and
Naturalization Service, INS,found he was wanted on an international arrest
warrant issued in Milan, Italy, about a year previous. Pelossi, 61, was
somehow actually traveling under his own name. His name showed up on a
passenger manifest in a routine check provided to officials of the INS.[Savvy
sources, however, dispute that it was so "routine" but was rather a follow up
of matters outlined in our TV documentary, 11/29/99.]
In his appearance before a Federal Magistrate in Chicago, Pelossi agreed not
to oppose being sent back to Italy by extradition. Pelossi signed papers in
Chicago's Federal District Court waiving his right to a hearing in Chicago.
Pelossi is reportedly the cocaine bank money laundry expert for the former
president and two of his sons, Texas Governor George W. Bush and Florida
Governor Jeb Bush. Some claim that the matter also reportedly implicates the
other son, Neil Bush, who escaped federal prison through a reputedly corrupt
arrangement upon the downfall of Denver-based Silverado Savings & Loan
Association, an apparent CIA proprietary operation of which Neil Bush was an
official. Some contend Silverado, at the hands of Neil Bush, was likewise a
money laundry for illicit funds including reportedly narcotics trafficking.
For a year or more now, journalists and commentators in Spain have been
writing and talking about the Elder Bush and two of his sons, George W. and
Jeb, being reportedly implicated in billions of dollars of dope money
laundered through banks in Spain, Italy, Mexico, and the United States. The
cocaine banking cartel, for which Pelossi reportedly was the kingpin and
brains, was centered in Milan and Barcelona. According to stories, some
date-lined Rome, in December, 1995, by Reuters, United Press International,
and other news and law enforcement personnel, Italian authorities contended
they had proof leading them to assert that the Archbishop of Barcelona was
implicated with the Vatican Bank and others in a vast money laundry ring
reportedly involving, among others:
[1] FIRST NATIONAL BANK OF CICERO (a Chicago suburb, Al Capone Land, a
long-known mafia enclave). Later it became the flagship of PINNACLE BANC
GROUP. Still later, to confuse matters, the bank was called Old Kent Bank, a
unit whose head office is Grand Rapids, Michigan. Pinnacle was the successor
and alter ego to the mysterious, scandal-wrecked, BANK OF CREDIT AND COMMERCE
INTERNATIONAL, which supposedly (although not actually) went under in 1991.
BCCI was a reputed assassination and espionage funding apparatus for various
intelligence agencies, including the American CIA, the French CIA, and
Israel's The Mossad (The Institute).
Bishop Paul Marcinkus, head of the VATICAN BANK until 1991, was also the
dominant force controlling First National Bank of Cicero. Marcinkus was
originally from Cicero and ran a church there. Marcinkus fled the Vatican,
sheltering himself with his Vatican passport, when Italian authorities sought
to grill him and possibly prosecute him for various criminal offenses he
reportedly committed as Vatican Bank chief. He returned to the U.S. and lives
in Sun City, Arizona.
[2] Roger D'Onofrio, an American CIA official, with dual citizenship, U.S.
and Italy, living near Naples, Italy. Italian authorities, in the wire
service and other stories of December, 1995, described him as the CIA's
secret paymaster in Italy, to fund political assassinations of those not
liked by the American CIA, and to pay-off or destroy opposition parties in
the Italian government.
The Pelossi-Marcinkus-D'Onofrio ring reportedly, through Vatican Bank and
other financial institutions, trafficked in smuggled gold, osmium nuclear
bomb triggers, high quality counterfeit foreign currencies, and other illicit
goods and services. With the corrupt connivance of top officials of the
INTERNAL REVENUE SERVICE, Chicago Region office, Pelossi reportedly arranged
the laundering of billions of dollars through concealed and dummy accounts,
reportedly in the following banks, among others; and for and on behalf
reportedly of George W. Bush, Jeb Bush, and the Elder Bush, their father:
HARRIS BANK OF CHICAGO, and their Foreign Exchange section, called ForEx, a
unit of BANK OF MONTREAL owned principally by the whiskey-soaked BRONFMAN
FAMILY [SEAGRAMS booze, Cineplex Odeon movie theater chain, as well as
numerous operations of records-entertainment in California]. The former major
owner of Harris Bank, now also a major stockholder of Bank of Montreal, is
U.S. Senator Peter Fitzgerald (R.,Ill.). Harris Bank/Bank of Montreal are
interlocked with the worldwide Mexican bank cartel, Grupo Financiero
Bancomer. In May, 1998, Bancomer pleaded guilty to U.S. federal criminal
charges of vast dope money laundering. They tried to whitewash the matter
with an explanation on their website: http://www.bancomer.com Bancomer has
operated in the U.S. through branches in Los Angeles and New York. Their
attempt to open a branch in Chicago was opposed by one or more City of
Chicago Alderman who referred to the Bancomer criminal guilty plea. Yet, the
Federal Reserve apparently is ready to let Bancomer operate throughout the
U.S. in various units. Bancomer is not only reportedly implicated in the
Russian embezzlement caper, where many billions of dollars disappeared or
were laundered. They also are reportedly implicated in the ring of which
Pelossi has been the brains and kingpin, for the Bush Family and others,
Portugal, SPAIN, Italy, and elsewhere, including Morocco, and COLUMBIA.
Harris Bank also has secret and dummy accounts of reputed terrorist OSAMA BIN
LADEN. His concealed accounts are reportedly jointly with SHARON PERCY
ROCKEFELLER, top official in Washington, D.C. of PBS, and her family. She is
the wife of U.S. SENATOR JOHN D. ROCKEFELLER 4th (D., West Virginia). Her
family reportedly are in the construction business with bin Laden. [President
Clinton says he cannot "find" reputed terrorist bin Laden's accounts to
freeze them. Really?]
In October, 1998, we confronted top officials of Harris Bank in Chicago with
their secret accounts of the mysterious 50 million dollars of federal agency
funds originally parked with Household Bank which merged with Harris Bank.
The funds, belonging to Joseph Andreuccetti, were secretly transferred
without his permission to Little Rock, Arkansas, to try to cover up the
embezzlement of Madison Guaranty S & L, for which Bill and Hillary Clinton
are subject to federal criminal prosecution for stealing bank funds.
REPUBLIC NATIONAL BANK OF NEW YORK: The bank is a reputed money laundry for
smuggled gold as used by the intelligence agencies, such as the American CIA.
The principal owner of the Bank, Edmond J. Safra, was murdered in December,
1999, supposedly by the acts and doings of his purported male "nurse", an
unstable former member reportedly of the Green Berets, apparently part of one
of their "hit" teams. As to the murder of Safra, visit our website:
http://www.skolnicksreport.com and see the story, "Murder in the Gold Market"
as well as the update.
The arrest of Giorgio Pelossi is apparently just another event related to our
one-hour public access Cable TV Documentary cablecast within Chicago, to some
400,000 viewers, on November 29, 1999. Our program, called "Broadsides",
showed pictures of an ocean-going boat, renamed "California Rose", a reputed
traveling money laundry, plying between MEXICO, through the Caribbean,
including stopping at the Dutch Island of St.Maartens, a dope laundry haven,
and then on to Portugal and SPAIN. The boat, as we stated, is a reported
gambling casino, apparently owned and operated by current, recently current,
and former top U.S. INTERNAL REVENUE SERVICE officials, Chicago Region
office. For some twenty years, they reportedly operated a dope traffic
"immunity" zone in a western suburb of Chicago, four large buildings called
Kingspoint Condominiums. The buildings, originally owned by Joseph
Andreuccetti, were seized by the corrupt IRS officials, NOT for the public
Treasury, BUT FOR THEIR OWN PERSONAL INTEREST. Andreuccetti was kept in an
apparent fraudulent INVOLUNTARY Bankruptcy, for almost 14 years, at the
connivance of First National Bank of Cicero and the nephew and godson of
Bishop Paul Marcinkus. Reportedly participating in all this was Congressman
Henry Hyde [R.,Ill.] who lived near Kingspoint.
For details, see the three part series "Corrupt IRS Officials Face Exposure
in Dope Bust". Part 3 has pictures of the IRS boat. Visit our website:
http://www.skolnicksreport.com
Our sending six heavy volumes of corruption documents to the Inspector
General of the U.S. Treasury apparently caused the dope bust situation in
January, 2000, as well as the arrest of Pelossi.
Pelossi is reportedly interwoven with the German political scandal that has
tarred former Chancellor Helmut Kohl and his conservative political party,
the Christian Democratic Union. Pelossi, according to published reports, has
provided German prosecutors with information about alleged pay-offs to German
political figures.
[The Chicago Sun-Times on January 27, 2000, had a much-censored, watered down
story about Pelossi leaving out many details that the presslords are well
aware are involved about the Bush family and the corrupt IRS.]


------------------------------------------------------------------------

Since 1958, Mr.Skolnick has been a court reformer. Since 1963,
founder/chairman, Citizen's Committee to Clean Up the Courts, disclosing
certain instances of judicial and other bribery and political murders. Since
1991 a regular panelist, and since 1995, moderator/producer, of
one-hour,weekly public access Cable TV Show, "Broadsides", Cablecast on
Channel 21, 9 p.m. each Monday in Chicago. For a heavy packet of printed
stories, send $5.00 [U.S. funds] and a stamped, self-addressed business sized
envelope [4-1/4 x 9-1/2 #10 size] WITH THREE STAMPS ON IT, to Citizen's
Committee to Clean Up the Courts, Sherman H. Skolnick, Chairman, 9800 South
Oglesby Ave., Chicago IL 60617-4870. Office, 7 days, 8 a.m. to midnight,
(773) 375-5741 [PLEASE, no "just routine calls]. Before sending FAX, call.


3 Posted on 02/05/2000 07:50:32 PST by B_Harcumn
[ Reply | Private Reply | To 1 | Top | Last ]

------------------------------------------------------------------------
To: B_Harcumn
"On the west wall, hung among other pictures, an old engraving representing
an open burial vault, in which, on a stone slab, rest four human skulls,
grouped about a fools cap and bells, an open book, several mathematical
instruments, a beggar's scrip, and a royal crown. On the arched wall above
the vault are the explanatory words, in Roman letters, 'We War Der Thor, Wer
Weiser, Wer Bettler Oder, Kaiser?' and below the vault is engraved, in German
characters, the sentence; 'Ob Arm, Ob Beich, im Tode gleich.'
Good work Thantos the German connection to the Bush family has been largely
ignored!
Bush Property Seized--Trading with the Enemy
4 Posted on 02/05/2000 08:03:48 PST by B_Harcumn
[ Reply | Private Reply | To 3 | Top | Last ]

------------------------------------------------------------------------
To: Great Dane
Not for commercial use. Solely to be used for the educational purposes of
research and open discussion.
Developer died of natural causes; Authorities first suspected suicide
JERRY URBAN; Staff
The Houston Chronicle; A; Pg. 14
January 5, 1993, Tuesday, 2 STAR Edition

A Houston real estate developer, accused of being a major player in savings
and loan fraud cases, died of natural causes and did not commit suicide as
authorities had suspected, the El Paso County medical examiner's office has
ruled.
Robert Louis Corson died of cardiac arrest brought about by coronary
atherosclerosis, according to an autopsy report by medical examiner Juan
U.Contin.
Corson, 45, was found dead in an El Paso motel Nov. 4. Suicide was suspected
because an empty bottle of a prescription drug, Cephalexin, was found near
his body. Cephalexin is an antibiotic used to treat urinary and respiratory
infections.
However, the autopsy report said Corson, who weighed about 325 pounds, had no
significant amounts of Cephalexin in his system.
Laboratory results were negative for other kinds of drugs.
    Corson was awaiting trial on fraud charges stemming from his 1986
purchase of Vision Banc Savings Association of Kingsville.

------------------------------------------------------------------------
At least one local publication reported Corson, former son-in-law of
prominent Houston banker and developer Walter Mischer Sr., had agreed to
cooperate with the government...
------------------------------------------------------------------------
Corson, his mother, Billie Jean Garman, and Corson business associate Billy
Wayne Chester were originally indicted in Houston on charges of obtaining or
profiting from more than $ 8 million in fraudulent loans used to pay off real
estate deals and other debts.
After Corson's body was discovered, his son told authorities his father had
been despondent about the federal indictment and had talked about killing
himself.
At least one local publication reported Corson, former son-in-law of
prominent Houston banker and developer Walter Mischer Sr., had agreed to
cooperate with the government, but Assistant U.S. Attorney Gerald Doyle
confirmed that Corson had rejected a 30-year plea bargain.
Garman and Chester are to go on trial Jan. 19 before U.S. District Judge
David Hittner.
5 Posted on 02/05/2000 09:47:23 PST by Wallaby ([EMAIL PROTECTED])
[ Reply | Private Reply | To 2 | Top | Last ]

------------------------------------------------------------------------
To: Wallaby
Wonder if this kind of stuff will effect the Bush campaign, or has people
already forgot the connection?
6 Posted on 02/05/2000 10:27:58 PST by Great Dane
[ Reply | Private Reply | To 5 | Top | Last ]

------------------------------------------------------------------------
To: Great Dane
I think that, in addition to some startling support for liberal ideas dressed
up as GOP Crown Jewels of Compromise, you'll find that your average Bush
supporter also has that signature "short-term only" memory capacity.
7 Posted on 02/07/2000 16:27:56 PST by Askel5
[ Reply | Private Reply | To 6 | Top | Last ]

------------------------------------------------------------------------
To: Askel5
Sounds like the majority doesn't give a hoot, there was a time when people
attempted to educate themselves on the merits of each candidate.........
doesn't seem to matter anymore.
8 Posted on 02/07/2000 18:15:16 PST by Great Dane
[ Reply | Private Reply | To 7 | Top | Last ]

------------------------------------------------------------------------
To: Great Dane OWK
It's doesn't make ANYONE very happy to pursue the truth, generally.
9 Posted on 02/07/2000 18:19:29 PST by Askel5
[ Reply | Private Reply | To 8 | Top | Last ]

------------------------------------------------------------------------
To: aristeides,Great Dane,NDCORUP,Boyd,Uncle Bill,metalbird
Not for commercial use. Solely to be used for the educational purposes of
research and open discussion.
SCOOP DU JOUR
BETSY PARISH, OF THE HOUSTON POST STAFF
Houston Post ; FINAL Section: Features Page: D1
WEDNESDAY March 4, 1992

Sources confirm Barbara and George Bush, along with Bushbuddy Jack Steel,
were given a private tour Friday afternoon of Paula Mischer Watson's spec
house in Stablewood. After making an appointment with that residential
development's Martha Adger and Paula Arnold, the first couple arrived at the
back entrance, stayed approximately 30 minutes and walked back to their
adjacent Houstonian home . . .  Asidem: Wanna

------------------------------------------------------------------------
Barbara and George Bush, along with Bushbuddy Jack Steel, were given a
private tour Friday afternoon of Paula Mischer Watson's spec house in
Stablewood.
------------------------------------------------------------------------
wager whether wags will say since in the future there may be no room at that
bankrupt inn, Stablewood sounds like the pre-ordained solution? Didn't think
you would . . .

------------------------------------------------------------------------
Not for commercial use. Solely to be used for the educational purposes of
research and open discussion.
LINDSAY AIDED S&L PROBE FIGURE JUDGE WROTE LETTER BACKING ACQUISITION -
RECEIVED FAVORS
PETE BREWTON, OF THE HOUSTON POST STAFF
Houston Post ; FINAL Section: LOCAL Page: A1
SUNDAY February 11, 1990

------------------------------------------------------------------------
A photocopy of the letter from Jon Lindsay to Robert L. Corson appears with
this story.

------------------------------------------------------------------------
Harris County Judge Jon Lindsay received favors that included a $10,000
campaign contribution and a trip to Las Vegas from a Houston developer who is
under investigation for his role in the demise of several federally insured
financial institutions, The Houston Post has learned.
Robert L. Corson, an associate of reputed organized crime figures and an
alleged Central Intelligence Agency operative, used a letter of
recommendation from Lindsay in the acquisition of a South Texas savings and
loan that became insolvent four months after Corson bought it.
Corson, who has been barred from owning or operating any federally insured
financial institutions because of his role in the thrift's collapse, made his
first campaign contribution to Lindsay in March 1985. It was $100.
A month later, The Post has learned, Lindsay wrote a letter of recommendation
that Corson submitted to state and federal regulators who would approve his
purchase of Kleberg County Savings and Loan in Kingsville.
The letter, dated April 24, 1985, and written on Harris County stationery,
was addressed "to whom it may concern" and said: "Robert Corson is a person
well known to me to be of the highest character."
In the months that followed, The Post has learned:
Corson gave Lindsay a $10,000 campaign contribution, equaling the largest
single donation he has received during the past eight years.
Corson chartered a business jet and invited Lindsay to accompany him to Las
Vegas to witness prize fights.
Corson spent $3,000 on a fund-raising reception at his home for Lindsay.
Lindsay, when asked by The Post about his relationship with Corson, initially
said he was not well-acquainted with the man who is identified in federal law
enforcement records as a "known money launderer."
"Where is he at?" Lindsay asked. "Is he in jail yet?"
The Post has been unable to reach Corson, who is said to be staying in San
Diego, Calif. Federal prosecutors say there are at least two investigations
of alleged S&L fraud that focus on Corson.
Lindsay, 54, has been county judge since 1975. A Republican, he headed George
Bush's presidential campaign in Harris County in 1988.
Asked by The Post if he had ever done any favors for Corson, Lindsay
responded: "No. Hell no. We were just friends."
Houston lawyer Rozanne McKinney, a member of the national governing board of
the citizens lobbying group Common Cause, said Lindsay's relationship to
Corson should be investigated by law enforcement authorities, "considering
the savings and loan mess and how much money it has cost."
< Last Sunday, The Post reported that Corson is the object of a federal probe
in three states in connection with his role in the failure of Vision Banc
Savings in Kingsville. Vision is one of 22 failed thrifts where The Post has
found evidence of a possible link between the Central Intelligence Agency and
organized crime.
The evidence, from court documents and other sources, suggests that the CIA
may have used part of the proceeds from S&L fraud to help pay for covert
operations and other activities that Congress was unwilling to support
publicly.
One former CIA operative told The Post that Corson frequently transported
large sums of cash from country to country for the agency.
Corson purchased Kleberg County Savings and Loan for $6 million in March 1986
and changed the name to Vision Banc Savings.
When Corson took over, the thrift had assets of $70 million. Four months
later, it was insolvent, in part because of $20 million in loans that were
made to help finance a questionable Florida land deal.
In the 1986 transaction, $7 million was wired to a company tied to narcotics
smugglers and drug money launderers in the Isle of Jersey, a tax haven in the
English Channel. About $3 million and a part of the Florida tract were
diverted back to Corson.
As Corson was negotiating to buy Kleberg County Savings in 1985, he submitted
Lindsay's letter of recommendation to the thrift's owners, and to state and
federal regulators.
Lindsay's letter was one of seven Corson submitted and was the only one from
a public official. Five were written by bankers who had dealt with Corson,
and another was from a corporation that had done business with him.
Kingsville lawyer Nelson Sharpe, the principal owner of Kleberg County
Savings before it was sold to Corson, died last year.
Art Leiser, who was chief examiner for the Texas Savings and Loan Department
at the time the thrift was being sold, said he believes Lindsay's letter
helped to persuade the state Savings and Loan commissioner to approve the
sale to Corson.
Lindsay, in addition to recommending Corson as a man of high character,
wrote: "I have been personally acquainted with him for many years and know he
enjoys an excellent reputation as a good family man and businessman."
The letter concluded: "Mr. Corson has my unreserved recommendation as a
person who will be diligent in any endeavor he pursues."
In 1977 divorce proceedings, Corson's first wife accused him of beating her
and smoking marijuana in front of their children. His first wife was Paula
Mischer, the daughter of Houston businessman and political power broker
Walter M. Mischer Sr.
Corson's present wife sued him for divorce in 1982, alleging that he beat
her. She later dropped the suit.
When asked by The Post if he recalled writing the letter, Lindsay said: "No,
I don't. Did I? I don't recall doing it. It could have happened. I do a lot
of things like that for people I know."
    When state regulators visited Vision Savings in 1986, Leiser said Corson
mentioned Lindsay's name in an effort to intimidate him and his examiners.
Lindsay, when told about Leiser's comments, said in reference to Corson: "I'm
sorry I ever got to know that guy."
Asked if he knew about allegations that Corson had used drugs, Lindsay
replied, "No. Actually, I didn't know him that well.
"I had dinner with him a couple of times, and he introduced me to friends,"
Lindsay said. "He may have been using me in that case. I didn't know he was
using me to that extent."
In January 1986, about eight months after Lindsay wrote the letter of
recommendation, Corson donated $10,000 to Lindsay's re-election campaign.
The donation equaled the largest individual contribution Lindsay has received
during the past eight years, his campaign finance records show.
Lindsay said he doesn't remember Corson's $10,000 contribution. He
acknowledged it was a "rather large campaign contribution. But I think I've
had other $10,000 contributions."
Records show the only other other $10,000 contribution Lindsay has received
in the last eight years came from Houston engineer James Dannenbaum and his
wife. Dannenbaum has been a longtime contributor to Lindsay.
Asked why Corson would contribute so much to his campaign, Lindsay said,
"Well, I guess he was trying to butter me up, think that I would be able to
help him in some way. I thought he was a safe individual for campaign
purposes because I didn't have any business affiliations with him. He was not
an engineer or a contractor or anything like that."
Reminded that Corson was a real estate developer and as such would be
affected by Commissioners Court actions, Lindsay replied, "Yeah, but we real
ly don't help those developers directly that much. Not like an engineer."
Real estate experts disputed Lindsay's interpretation, noting that
Commissioners Court determines where many roads and flood control projects
are built - two major items which can make or break a land development.
"Commissioners Court and the county flood control district have been the key
to whether certain developments were drained or had roads," said Jim
Blackburn, a Houston environmental lawyer.
"Everything Commissioners Court does affects developers, and developers are
very much in close contact with Commissioners Court," said McKinney of Common
Cause.
Lindsay said he knew Corson mostly during the early 1980s, a period when
Corson "was blowing and going."
Campaign records indicate that Corson's first political contribution to
Lindsay was for $100 in March 1985, about a month before Lindsay wrote the
letter of recommendation.
In September 1986, about two months before the election, Corson hosted a
party at his home for Lindsay.
Lindsay's campaign records show a contribution from Corson of $600 for a
reception. But Corson spent more than $3,000 for the party, sources told The
Post.
It would be a violation of state election laws if Lindsay knew that Corson
spent $3,000 and instead listed it as a $600 contribution on campaign
financial reports.
Lindsay said he would be surprised if Corson spent $3,000 for the party. He
said the receipts Corson provided showed that the party cost $600.
"It was not that big a reception," Lindsay said. "There were only about 25
people there."
The Post learned that Corson's generosity was not limited to campaign
contributions.
In June 1986, Corson chartered a business jet and took Lindsay to Las Vegas
for a boxing match. Corson charged the trip to his savings and loan.
Asked if he ever went on any trips with Corson, Lindsay replied, "He was on
one time that we went on. I forgot who the host was - some title company,
probably doing business with him at one time. I don't remember where we
went."
Asked if it was Las Vegas, Lindsay said, "I don't think I've been to Vegas
with him. I've been to Vegas a few times."
Told that Corson had charged his S&L for the trip to Las Vegas to see the
fights, Lindsay replied, "Well, I went with a, I went to that boxing match
out there. I don't think it was with Corson. Well, maybe it was with Corson.
Well, it could have been with Corson."
Lindsay also acknowledged going on a hunting trip to Mexico with Corson.
"Maybe we went duck hunting around here a time or two," Lindsay added.
Tom Sturdivant, Corson's former chauffeur, told private investigator P.M.
Clinton that Lindsay and Corson were involved in some business deals together
through third parties.
But Lindsay denied having any business dealings with Corson. "Absolutely not.
I never did any business with Bob Corson," Lindsay said.
Public documents show that Lindsay and Corson were involved in deals on
adjacent pieces of property in west Harris County. This is the sequence of
events:
In June 1982, Corson's step-father deeded a 17.56-acre tract of land at Keith
Harrow and Sommerall to Houston real estate investor Monzer Hourani. In May
1983, Hourani divided the property in two and deeded both tracts to Green
Meadows Apartment Homes, a Texas general partnership which included a Hourani
company. The same day, Green Meadows Apartment Homes deeded one of the two
parcels to Green Meadows Apartment Homes No. 1 Ltd., a Texas limited
partnership.
In October 1983, Green Meadows Apartment Homes carved a 1.42-acre tract out
of its parcel and sold it to Corson as a trustee. Sources close to Corson
said he probably was acting as a trustee for himself, his mother, B.J.
Garman, and one or two other close business associates. Corson built a strip
shopping center on this tract.
Less than one month after Corson bought this piece of land, Green Meadows
Apartment Homes No. 1 Ltd., sold its tract to Green Meadows Apartments, Ltd.,
a limited partnership. Lindsay's investment in the partnership included
$10,773 cash and promissory notes totaling $72,919.
Lindsay said he had "no idea" that Corson had bought the land and built a
strip shopping center on it.
"I just bought a limited partnership," Lindsay said. "One of those regular
things that went broke."
10 Posted on 02/07/2000 22:12:12 PST by Wallaby ([EMAIL PROTECTED])
[ Reply | Private Reply | To 7 | Top | Last ]

------------------------------------------------------------------------
To: Askel5
See

*   S&L PROBE HAS POSSIBLE CIA LINKS AUTHORITIES TARGET HOUSTON DEVELOPER

11 Posted on 02/07/2000 23:12:25 PST by Wallaby
[ Reply | Private Reply | To 9 | Top | Last ]

------------------------------------------------------------------------
To: Wallaby
I will ... and then I'll see to the dog ... best, Wallaby.
12 Posted on 02/07/2000 23:13:10 PST by Askel5
[ Reply | Private Reply | To 11 | Top | Last ]

------------------------------------------------------------------------
To: B_Harcumn, Wallaby
There's an article on Giorgio Pelossi on p. 30 of last week's "Der Spiegel,"
(Jan. 31 issue), entitled "Geld von 'Gold America'" ("Money from 'Gold
America'"). I don't have time to translate it now, but it does confirm that
Pelossi has provided information to German investigators about the present
German party-fund scandal.
13 Posted on 02/08/2000 04:02:36 PST by aristeides ([EMAIL PROTECTED])
[ Reply | Private Reply | To 3 | Top | Last ]

------------------------------------------------------------------------
To: Wallaby
Bttt.
14 Posted on 02/14/2000 02:15:21 PST by Uncle Bill
[ Reply | Private Reply | To 1 | Top | Last ]

Disclaimer: Opinions posted on Free Republic are those of the individual
posters and do not necessarily represent the opinion of Free Republic or its
management. All materials posted herein are protected by copyright law and
the exemption for fair use of copyrighted works.
[ Top | Latest Posts | Latest Articles | Self Search | Add Bookmark | Post |
Abuse | Help! ]


------------------------------------------------------------------------
FreeRepublic , LLC, PO BOX 9771, FRESNO, CA 93794
Forum Version 2.0a Copyright � 1999 Free Republic, LLC
-----
Aloha, He'Ping,
Om, Shalom, Salaam.
Em Hotep, Peace Be,
All My Relations.
Omnia Bona Bonis,
Adieu, Adios, Aloha.
Amen.
Roads End

<A HREF="http://www.ctrl.org/";>www.ctrl.org</A>
DECLARATION & DISCLAIMER
==========
CTRL is a discussion & informational exchange list. Proselytizing propagandic
screeds are unwelcomed. Substance�not soap-boxing�please!  These are
sordid matters and 'conspiracy theory'�with its many half-truths, mis-
directions and outright frauds�is used politically by different groups with
major and minor effects spread throughout the spectrum of time and thought.
That being said, CTRLgives no endorsement to the validity of posts, and
always suggests to readers; be wary of what you read. CTRL gives no
credence to Holocaust denial and nazi's need not apply.

Let us please be civil and as always, Caveat Lector.
========================================================================
Archives Available at:
http://peach.ease.lsoft.com/archives/ctrl.html
 <A HREF="http://peach.ease.lsoft.com/archives/ctrl.html";>Archives of
[EMAIL PROTECTED]</A>

http:[EMAIL PROTECTED]/
 <A HREF="http:[EMAIL PROTECTED]/";>ctrl</A>
========================================================================
To subscribe to Conspiracy Theory Research List[CTRL] send email:
SUBSCRIBE CTRL [to:] [EMAIL PROTECTED]

To UNsubscribe to Conspiracy Theory Research List[CTRL] send email:
SIGNOFF CTRL [to:] [EMAIL PROTECTED]

Om

Reply via email to