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...March, Hillary Clinton finally produced the long-awaited financial statement, submitting a Twin City Bank form. At the top of the statement is the admonition: "NOTE: Any willful misrepresentation could result in violation of Federal law." The statement lists total assets of $290,000. The assets include cash and marketable securities of $170,000. Curiously, Whitewater is not mentioned by name as an asset. The statement lists $50,000 as "Real Estate Partial Interest" and $50,000 in "Loans Receivable." It isn't clear what assets these entries describe, but, presumably, they refer to Whitewater. The Clintons don't appear...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

...lender of the money for the Hillary house, had also written Hillary asking her to "complete the enclosed financial statement" in order to extend the Paragould loan. Such a document in Security Bank's files is signed by both Bill and Hillary Clinton. The form lists the same asset values as the one submitted to 1st Ozark, and carries the instruction, "Do not include assets of doubtful value." The statement concludes with the admonition that "each undersigned represents and warrants that the information provided is true and complete." (The Clintons' lawyer, David Kendall, confirmed that...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

Given the incestuous relationships (prohibited under current banking laws), it's surprising the application didn't breeze through the approval process. Despite its small asset base and remote location, the bank in Flippin was conservatively run. By its standards, a $200,000 loan was a big deal. Burge was also concerned that the small bank had too many loans outstanding in this single area around the White River, since the bank had also financed some of the 101 Development Corp.'s purchase of the larger parcel from which the 230 acres were being carved...

Author: /time Magazine | Title: BLOOD SPORT: A DEAL GONE BAD | 3/18/1996 | See Source »

...mean to suggest we Harvard women are any more superior in character or ability to the women of other schools than are the men to their male counterparts. My point is merely that we women also list Harvard on our social resume, and yet ours is not an asset, but a drawback. While Harvard has been so kind as to extend its academic prestige to include our gender, it has not transformed this social stereotype...

Author: NO WRITER ATTRIBUTED | Title: Off to Wellesley | 3/15/1996 | See Source »

...this sense that the system promotes a vicious circle. The men begin with some nervousness or hesitation about Harvard women--too aggressive, too serious, but most probably and unfortunately too smart. It is 1996, and intelligence still is not a social asset for a woman. Harvard men are not looking for their wives to be discovering the cure for cancer, nor to be handling a significant merger and acquisition, nor to be serving on the Supreme Court. The final club system provides the opportunity to return the women to their "proper" place. The Harvard men surround themselves with flocks...

Author: NO WRITER ATTRIBUTED | Title: Off to Wellesley | 3/15/1996 | See Source »

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