Beaumont place
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Odessa, Texasplace · 1Marvin Warnerperson · 1Home State Savingsorganization · 1Ohioplace · 1ESM Securitiesorganization · 1
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Warner's home state savings lost $150 million because of ESM and failed precipitously as a savings and loan crisis in Ohio broke out. Among others, the city of Beaumont, Texas also lost $20 million in that deal. Warner eventually lost his l…