Judson Witham
Delay's Finance Scandal Widens
Wed Sep 28, 2005 16:17
146.7.112.120

 
http://www.geocities.com/jurisnot/

I swear we had NO SEX with Sallie Mae or Freddie Mac, we had NO sexual relations with those Banks and S&Ls

Tommy N Company

The Great Texas Bank Job - The Scandal Widens
___________________________________________
DeLay indicted on conspiracy charges
House majority leader's position in jeopardy.
By Laylan Copelin

AMERICAN-STATESMAN STAFF

Wednesday, September 28, 2005

A Travis County grand jury today indicted U.S. House Majority Leader Tom DeLay on one count of criminal conspiracy, jeopardizing the Sugar Land Republican's leadership role as the second most powerful Texan in Washington, D.C.

The charge, a state jail felony punishable by up to two years incarceration, stems from his role with his political committee, Texans for a Republican Majority, a now-defunct organization that already had been indicted on charges of illegally using corporate money during the 2002 legislative elections.

The grand jury, however, took no action against Texas House Speaker Tom Craddick, Texas Association of Business President Bill Hammond or state Reps. Dianne Delisi and Beverly Woolley, both of whom sit on the political committee's board, for their roles in the election.

The grand jury's term ended today.

Delay's defense team will hold a press conference in Austin later this afternoon. The team includes defense attorneys Bill White and Steve Brittain of Austin and Dick DeGuerin of Houston.

State law bans corporate money being spent in connection with political campaigns and Travis County District Attorney Ronnie Earle, a Democrat, has spent almost three years investigating whether Republican groups and their business allies violated that ban. The groups helped elect a Republican majority to the state Legislature which, in turn, drew new Congressional districts that benefited Republican candidates.

DeLay and his associates insisted the corporate money was legally spent on committee overhead or issue advertising and not campaign-related activity.

An indictment does not force DeLay to resign as a member of Congress, but the GOP's rules demand that he resign his post as majority leader as he fights the charges. Congressional Republicans earlier tried to drop that requirement, citing Earle's investigation as a political vendetta, but they ultimately maintained the rule after withering criticism.

Over the past year, Travis County grand jurors have indicted three DeLay associates — John Colyandro, Jim Ellis and Warren Robold — as well as eight corporate donors, the Texas Association of Business and DeLay's Texans for a Republican Majority. Colyandro and Ellis were re-indicted this morning as part of the conspiracy indictment.

DeLay had appeared to escape criminal scrutiny as early as last year when Travis County prosecutors concluded they did not have the jurisdiction to pursue election code violations against him. Under the law, only DeLay's local district attorney, a Republican, had jurisdiction, and he expressed no interest in the case.

But a conspiracy charge falls under the criminal code, not the election statute that bans corporate money from being spent on a campaign. And Earle has the jurisdiction to prosecute DeLay for conspiring with others to circumvent state law.

In recent days, the broad-based investigation has focused on one particular transaction during the 2002 campaign.



Continued:



http://www.livejournal.com/users/mparent7777/3183149.html


judson witham wrote:



judson witham wrote: In taking over Charles Keating's notorious Lincoln Savings & Loan, the RTC acquired some $1 billion worth of property, including plots for 17 planned communities in Texas, Arizona, Colorado, Florida and Louisiana. One of them is the 20,000-acre Estrella Project in the desert 20 miles southwest of Phoenix. Although Lincoln invested $200 million in preparatory work, only three homesites have been sold. !! except from article below !!

This is the primary MO - Whitewater and the Thousands of BOGUS DEVELOPMENTS in Texas were the same BS. I'll bet Nationwide !
Judson




See Ol "Kat" Woolford at:
SEE http://www.geocities.com/jurisnot The Great Texas Bank Job IT's NO JOKE

Date: Thu, 28 Apr 2005 07:56:39 -0700 (PDT)
From: judson witham
Subject: Judge Hughes RTC - CIA - TEXAS Here's A WAKE UP
To: judson witham , jeffandmary@ozarkopathy.org
CC: AFRA_EAGLE@yahoogroups.com , powerbeonme@surewest.net

Under The Penalties of PERJURY and DEATH, I can NOT Tell A Lie JWWith $550 Billion Looted From Banks and S&Ls Land Speculation FRAUD and Money Laudering COVERED UP by the Bank Liquidation Folks at RTC Worked GREAT - JW A HUGE Scandal of EPIC porportions from CIA to the Congress and Senate Etc. et al made it all possible



Kat Woolford (BBA '72) of Baton Rouge, La., has done a little bit of everything since graduation: exercised race horses, worked for the Liquidation Division of the FDIC, and served as an advisor to the Bank of Latvia and the National Bank of Romania.

CIA LIKE I SAID

http://www.uga.edu/~gm/1298/Notes2.html

http://www.usaid.gov/locations/europe_eurasia/mt/images/fsnl.pdf#search='Woolford,%20FDIC'

http://www.findarticles.com/p/articles/mi_m1218/is_n23_v107/ai_n12428575



For sale by owner: junk real estate
US News & World Report, Dec 11, 1989 by Monroe W. Karmin

For the grab bag of less luxurious listings that constitute the bulk of the RTC portfolio - foreclosed homes, motels, shopping malls, office and apartment buildings, industrial parks and vacant land - the market seems even more forbidding. Still, plucky sales agents are rising to the challenge. "The roof dips a tudge on one side, the porch has a hole in it and there are termites," admits Kat Woolford, who is hawking a $7,500, two-bedroom shack on a third of an acre in Tomball, Tex., north of Houston. "But it's a cute hideaway."



Amazing how many Crooked Texas Bankers and Slimy Land Speculators and Former Texas Governors are swapping SPIT with Roy Blunt and John Ashcroft. Tom DeLay and Kenny Boy Lay, Bernie Ebbers and Charles Keating, Carl Linder N COMPANY are NOT unique, Money Laundering Takes LOTS of Land Speculation and Failed RESORT VENTURES.

DOPE INC. is a BIG PLAYER in Methouri. JW



Arizona real estate for sale: For sale by owner: junk real estate

http://popup8.tok2.com/home2/coolzsky/arizona-real-estate-for-sale.html

For sale by owner: Junk real estate

Just as Americans have grown used to the idea of junk bonds, a new financial bugaboo looms on the horizon: Junk real estate. Set in desirable communities, many of the properties now being jettisoned by insolvent savings and loan institutions seem to be paradise. But like the 9-acre swath of Long Island beachfront off the Texas Gulf Coast, spectacular vistas rarely live up to a developer's dreams. Over half of the $400,000 Laguna Madre parcel lies underwater. There is no sewer hookup and no sea wall, and there are high fees to maintain a private bridge that connects the island with Port Isabel on the mainland. "It could all go underwater in a hurricane," admits a spokesman for La Hacienda Savings Association in San Antonio, which holds the property.

Peddling Texas swampland is just one of the dirty jobs facing the Resolution Trust Corporation (RTC), the U.S. agency that opened shop in early August to administer the coup de grace to sick thrifts. The mop-up has landed federal regulators in the same muck that mired the S&L industry: Thousands of white-elephant properties, most located in markets as soft as quicksand. The collection includes such exotica as a $900,000 equestrian center (reduced from $1.5 million) north of San Antonio, the $25 million StarPass golf-course community in Tucson, a historic bank building in Houston, a boarded-up lumberyard surrounded by wetlands near Tampa, Fla., 77 condominium units on the tip of Long Island, N.Y., and a 55 percent stake in the opulent $200 million Phoenician Resort in Scottsdale, Ariz. All told, RTC officials estimate they now must dispose of close to $16 billion worth of real estate currently on the books of 268 failed thrifts in 33 states.

Fool's gold. Most of the properties will fetch pennies on the dollar's worth of book value - if they can be unloaded at all. The 6-acre McCune Mansion in Paradise Valley outside of Phoenix is typical of the RTC's daunting task. Built in the 1960s by oil tycoon Walker McCune for his young bride, the 53,000-square-foot house boasts numerous kitchens, a ballroom with an $80,000 chandelier, an Olympic-sized swimming pool and ice-skating rink, a theater, a darkroom, its own beauty salon, a 14-car garage and a guest house. Mrs. McCune refused to move in, and the place saw a succession of owners, most recently Gordon Hall, cofounder of the Nautilus fitness company. RTC inherited the property when it took over the bankrupt Southwest Savings & Loan Association earlier this year. "There's not a great market for 53,000-square-foot houses," says Jack Lake, the RTC agent charged with finding a buyer.

For the grab bag of less luxurious listings that constitute the bulk of the RTC portfolio - foreclosed homes, motels, shopping malls, office and apartment buildings, industrial parks and vacant land - the market seems even more forbidding. Still, plucky sales agents are rising to the challenge. "The roof dips a tudge on one side, the porch has a hole in it and there are termites," admits Kat Woolford, who is hawking a $7,500, two-bedroom shack on a third of an acre in Tomball, Tex., north of Houston. "But it's a cute hideaway."

The heat is on for the RTC to speed up its fire sale. The agency has three years to gather up all the nation's ailing S&L's and seven years to dispose of acquired properties. Ideally, the feds would like to get rid of their sick thrifts as whole entities, bad real-estate investments and all. But most investors are interested only in the best assets, saddling the government with the white elephants. The longer the RTC hangs on to the losers, the higher the taxpayers' tab, already estimated at $166 billion.

But the disposal process is being hindered by the fact that no one knows how much sour real estate the RTC will have to offer. An initial inventory of properties currently under its wing will not be completed until the end of this month. And that is just the beginning. Leonard Sahling, real-estate analyst for Merrill Lynch in New York, figures the government will wind up with at least a $50 billion portfolio when it actually takes over all the thrifts that now are technically insolvent. Others put the total at $100 billion as more S&L's go belly up in the years ahead.

Nor can the RTC simply dump its holdings on the market wholesale. "Everything we have is for sale," says Thomas Horton, the agency's deputy director, "but everything is not for sale at any price." The government is barred by law from selling its assets for less than 95 percent of fair market value in the six depressed states of the Southwest - Texas, Oklahoma, Arizona, Arkansas, Colorado and Louisiana - where about two thirds of the property is located. Still, "fair market value" is in the eye of the appraiser; Horton admits that properties that cannot be sold at 5 percent discounts will be "re-evaluated" until buyers are found.

The most promising properties in the RTC's bag, mainly apartment and office buildings whose rents cover expenses, are sure to be snapped up by insurance companies, pension funds and other "deep pocket" investors. But such quality properties are in the minority. The largest proportion of the government's holdings consists of vacant land, a tough commodity to peddle in the Southwest and other overbuilt areas.

In taking over Charles Keating's notorious Lincoln Savings & Loan, the RTC acquired some $1 billion worth of property, including plots for 17 planned communities in Texas, Arizona, Colorado, Florida and Louisiana. One of them is the 20,000-acre Estrella Project in the desert 20 miles southwest of Phoenix. Although Lincoln invested $200 million in preparatory work, only three homesites have been sold. Now the RTC's agent, Mark Randall, is trying to figure out what to do with the property. "Vacant real estate has not fared well in the Arizona economy," he observes sadly.

Other parcels may not draw buyers - no matter how attractive the price. "They'll have to be plowed under to grow soybeans," predicts Michael Aronstein, president of Comstock Partners, a New York investment firm. But while developers may sniff at many of the government's offerings, interest is cropping up in some surprising quarters. Conservationists already are picking through the pile of unwanted real estate for wildlife preserves and other ecologically valuable property. The Florida Keys Land & Sea Trust, for instance, paid $1.35 million for Crane Point Hammock, a 63 1/2-acre estate that was going to be turned into a resort before its developers went broke. Now, it is slated to become a nature center.

PHOTO : Museum piece. The Phoenician Resort in

PHOTO : Picture perfect. Houston's historic Franklin National Bank will appear in "Dark Angel"

PHOTO : Scottsdale, Ariz., comes decorated with millions of dollars' worth of sculpture

PHOTO : Castle keep. The McCune mansion near Phoenix has a 14-car garage, an ice rink and a ballroom with an $80,000 chandelier

COPYRIGHT 1989 All rights reserved.
COPYRIGHT 2005 Gale Group



judson witham wrote

Date: Thu, 28 Apr 2005 07:15:29 -0700 (PDT)
From: judson witham
Subject: Re: [AFRA_EAGLE] Former CIA Agent Overturned on False Affidavit
To: AFRA_EAGLE@yahoogroups.com
CC: powerbeonme@surewest.net



I know Judge Hughes as I had a couple cases before him years ago. He is getting better with age apparently. I sued and beat The American Title Insurance Company in his Court over a VERY CORRUPT series of Land Deals in Texas back in the 1980s... SEE http://www.geocities.com/jurisnot The Great Texas Bank Job makes the MADISON S&L / Whitewater and the KEATING FIVE mess with Lincoln Savings and Loan look like CHUMP CHANGE. (IN FACT there are many, many THOUSANDS of Clinton Style Land Development CONS all over America)

Old Judson Witham is the Real McCoy, IN FACT I was very instrumental in having EVERY SINGLE, I mean EVERY Bank and S&L in Texas Seized during 1985 - 1992. (I knew FDIC Bank Liquidation Specialist Katheryn Woolford To) It Seems MASSIVE Land Fraud Schemes have been RAMPANT in America for about 150 years. The Clinton's GANG at Quapaw Title in Little Rock and the Rose Law Firm N Company (That's CIA for COMPANY) and the MENA Air America DOPE Inc. GANG all had the American Continental Corporation and Carl Linders MAFIA all Laundering Money using CLINTON STYLE Land Development CONS.

NO KIDDING take some time and ACTUALLY read the CORROBORATION and MANY,MANY Links listed at http://www.geocities.com/jurisnot You will see WHY the American banking Scandal of the 1980s 1990s well actually the 20th Century from 1900 to 2000 nearly always involved LAND SPECULATION and BANKING Schemes !!!!!!!!!!!!!!!

Live Free

Judson Witham

OperationMissouriFreedom

http://www.geocities.com/jurisnot/OperationMissouriFreedom.htm

No Justice No Peace

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