Mel Powers person
also: Powers
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Related entities (most co-mentioned)
Gail Schroederperson · 3Houstonplace · 3Arena Towerplace · 3Miamiplace · 2Mike Adkinsonperson · 2Mafiaorganization · 2Clear Lakeplace · 2Candace Moslerperson · 2Vernon Savingsorganization · 1Don Dixonperson · 1Austin Savings and Loanorganization · 1Key Biscayneplace · 1Ahmad Al-Babtonperson · 1Century Savings and Loanorganization · 1Mary Fazaperson · 1Baytown, Texasplace · 1Albuquerqueplace · 1Organized Crime Drug Enforcement Task Forceorganization · 1Sandia Federal Savings and Loanorganization · 1General Coffee Corporationorganization · 1United Statescountry · 1Isle of Jerseyplace · 1Robert Corsonperson · 1Walter Mischerperson · 1
Claims (1)
Walter Mischer flew_with
Mel Powers host_asserted
“And that did around $100 million worth of land deals with Robert Corson, i.e. the CIA. According to several people close to Corson and Powers, Walter Michener flew with B.J. Garman, Corson's mother, and Powers in Powers aircraft to Belize i…”
▶ The Colonel’s Corner Mafia CIA and George Bush Part 22 @ 29:54
Mentions (12)
▶ 26:20
Dixon got some financing from Sandia Savings in Albuquerque for the club and would suggest to Vernon by borrowers that they buy memberships in the club. Riddle, of course, was a big borrower at Vernon. Sometime between 81 and 82, Atkinson m…
▶ 26:50
Powers was tried and acquitted along with his aunt, Candace Mosler, for strangling and stabbing death of his uncle and her husband. He was a mob-connected financier, so a mafia family. The allegations were that Powers, then 24, and Candace …
▶ 27:20
Mosler later filed an aggravated assault charge against Powers, but she never appeared in court to press it. She and Powers then announced they were in love. But several years afterwards, Mosler married an electrical contractor, divorced hi…
▶ 27:49
Powers started out in the mobile home business in Houston, according to an investigator who worked on organized crime with the FBI. Powers received his initial financing from a New York company associated with the mob. A lawsuit filed in fe…
▶ 28:18
Instead, he turned into a wealthy developer in Houston, like everybody that works for the CIA, apparently. He purchased a multimillion-dollar mansion on Clear Lake with a helicopter pad and a 166-foot yacht. It was the largest privately own…
▶ 28:52
At one point in his bankruptcy proceedings, he was jailed for refusing to account for $2 million in revenue generated by an office building he lost to foreclosure. Power's most notable development was Arena Tower Office and Entertainment Co…
▶ 29:23
in the foreclosure saying the entire thing was his homestead. When Powers first began getting into financial problems in early 1980s, his buddy, Mike Atkinson, moved his companies to the Arena Tower to pay rent and help the cash flow. Power…
▶ 30:56
After Powers declared bankruptcy, leaving numerous creditors holding the bag for millions of unpaid obligations, he showed up in 1990 in the savings and loan mess. Along with his partners, Gail Schroeder and Schroeder's son, Powers purchase…
▶ 31:25
Had knowledge of the deal, Powers and Schroeder's cleared $10 million in the transaction as upfront money. Schroeder is a Baytown, Texas banker who borrowed heavily from Continental Savings. Continental's federal receiver won a $1.5 million…
▶ 31:52
for $2.6 million. Yet, despite all of their financial problems, Powers and Schroeder were able to garner a very lucrative contract with a savings and loan that had been taken over by the feds in the bankruptcy plan. How's that happen? How d…
▶ 32:19
In 82, he put the mansion on the market. Atkinson shopped it with his Arab investors and partners, eventually selling it to the guy that was one of the officers in the Isle of Jersey, Al-Babton. The newspaper said the sale price was $1.5 mi…
▶ 56:17
And infamous Houston developer Mel Powers took trips to Belize several times to discuss business deals with New York insurance people. At least one eyewitness and officials who have seen customs records state that Michener accompanied them.…