Word: symington
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PHOENIX: A small minority of state voters wish Gov. Fife Symington hadn't announced his resignation yesterday, the same day he was convicted of lying to obtain millions in loans for a now-busted real estate empire. "Some people feel his mistakes as a businessman should be overlooked because he really was turning around this state," says TIME Arizona reporter Laura Laughlin. "The irony is that he had no business success ? he was broke, as we all found out later ? but he wasn't a bad governor...
PHOENIX: For six years Fife Symington has managed to battle on ? and even win reelection as Arizona's governor ? in the face of 21 counts of fraud relating to his real estate empire. For the last two months, he's even managed to balance the dual responsibilities of governor and defendent in a federal trial. Now, with the luck of the devil, he will survive in the statehouse for at least a few more days. U.S. District Judge Roger Strand added an alternate juror today, forcing the Republican Governor's trial to start all over again. The new juror replaces...
...Times's Westword kept dogged watch over the start-up problems at the Denver International Airport last year, while the dailies, the Denver Post and the Rocky Mountain News, were less critical. And the Phoenix New Times beat that city's dailies on the corruption scandals of Governor Fife Symington...
Manning suggested that Symington ran for office because he was going broke. A novel promissory note signed in 1992 between Symington and Phoenix lender Jerome Hirsch drastically scaled down the money owed if Symington were to be President when the loan came due. The indictment's count of attempted extortion charges that in trying to soften repayment terms on the $10 million union loan, Symington as Governor threatened to cancel a lucrative Arizona State University lease...
Arizonans, beaten down by the Evan Mecham and S&L king Charles Keating scandals, may have little patience for leaving Symington in office--even though in a way it seems their prayers were answered. Says Jerry Colangelo, a principal owner of the Phoenix Suns: "No one can argue that the state [isn't] in the best financial shape it has been for years...