Vernon Savings organization
also: Vernon, Vernon Savings
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Related entities (most co-mentioned)
Don Dixonperson · 11Sandia Federal Savings and Loanorganization · 8Herman Beebeperson · 7Continental Savingsorganization · 6John Riddleperson · 5Western Savingsorganization · 5Paris Savingsorganization · 4Harvey McLeanperson · 4Delwin Mortonperson · 3Thomas Gobertperson · 3Robert Corsonperson · 3Houstonplace · 2Telecomorganization · 2Key Savingsorganization · 2Brenda Bebeperson · 2San Joaquin Savingsorganization · 2Savings and Loan Associationorganization · 2Austin Savings and Loanorganization · 2First South Savingsorganization · 2Mainland Savingsorganization · 2Tyrell Barkerperson · 2New Orleansplace · 1Vision Banc Savingsorganization · 1West Belt National Bankorganization · 1
Claims (10)
Sandia Federal Savings and Loan financed_via
Vernon Savings documented
“Sandia was owned by a group of savings and loan executives from Dallas who had purchased it in May of 1984 with $6 million borrowed from Vernon Savings. Shortly after purchase, Sandia bought more than $80 million in loans from Vernon. This …”
▶ The Colonel's Corner Mafia, CIA, & George Bush Part 17 @ 32:37
Vernon Savings financed_via
Key Savings documented
“who had purchased key savings with an $11 million loan from Vernon Savings. Massive money laundering. At the same time Barker and Beebe were controlling the loans made by state savings, Renda was brokering tens of millions of dollars in dep…”
▶ The Colonel’s Corner-The Mafia, CIA & George Bush Part 6 @ 40:55
Don Dixon financed_via
Vernon Savings host_asserted
“Beebe also brought Haynes Inter that borrowed $4 million from Beebe's controlled state savings and loan in Lubbock, Texas, to buy a lumber company in New Mexico from Pennzoil. That deal stuck to high hell, said one person. Two other people …”
▶ The Colonel’s Corner-Mafia, CIA & George Bush Part 11 @ 1:12:46
John Riddle financed_via
Vernon Savings documented
“Riddle and Dover borrowed $40 million from Continental Savings when they purchased the land in 84. In addition, DRG, the Washington, D.C. company under investigation for HUD fraud, lent another $15 million on the property. In July of 85, th…”
▶ The Colonel's Corner Mafia, CIA, & George Bush Part 17 @ 39:16
Western Savings financed_via
Vernon Savings host_asserted
“It is interesting that this expression has been credited to Jarrett Woods, although some say it started with Tyrell Barker, because Western Savings was the biggest, last, greatest fool in Texas. It was Western that took out Vernon, Continen…”
▶ The Colonel’s Corner Mafia, CIA & George Bush Part 18 @ 1:01:52
Patrick King member_of
Vernon Savings book_quoted
“The Beach House gained notoriety during the criminal trials of several of Vernon's savings and loan executives and customers. Dixon, Vernon's president, Patrick King, and senior vice president, John Hill, were all convicted of using Vernon …”
▶ The Colonel’s Corner-The Mafia, CIA & George Bush Part 6 @ 18:52
John Hill member_of
Vernon Savings book_quoted
“The Beach House gained notoriety during the criminal trials of several of Vernon's savings and loan executives and customers. Dixon, Vernon's president, Patrick King, and senior vice president, John Hill, were all convicted of using Vernon …”
▶ The Colonel’s Corner-The Mafia, CIA & George Bush Part 6 @ 18:52
Charles Brazarian financed_via
Vernon Savings book_quoted
“the Contra and everything else. Okay, Bazarian had numerous connections to Beebe's financial circle. He was a borrower from Dixon's Vernon Savings and was involved in a small Oklahoma savings and loan with Beebe's business associate, Michae…”
▶ The Colonel’s Corner-The Mafia, CIA & George Bush Part 6 @ 22:45
Don Dixon member_of
Vernon Savings book_quoted
“The Beach House gained notoriety during the criminal trials of several of Vernon's savings and loan executives and customers. Dixon, Vernon's president, Patrick King, and senior vice president, John Hill, were all convicted of using Vernon …”
▶ The Colonel’s Corner-The Mafia, CIA & George Bush Part 6 @ 18:52
John Riddle financed_via
Vernon Savings book_quoted
“40 million to 50 million from Vernon Savings, more than 2 million from Mercury and Ben Malone Savings, controlled by his fellow Kappa Sigma brother, George Aubin, 5 million from Liberty Savings in Leesville, Louisiana, and a $195 million lo…”
▶ The Colonel’s Corner-Mafia, CIA & George Bush Part 11 @ 27:28
Mentions (30)
▶ 25:48
where he was accompanied by bankers from Westbelt National Bank and San Joaquino Bank. Haley and Atkinson loved to indulge in high-stake poker games on his trips to Mexico. In the summer of 86, Atkinson went with Riddle and Corson on vacati…
▶ 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…
▶ 56:40
And Corson took the land back and then pledged it against a $7 million loan at InBank Houston that he used to buy Vision Bank Savings. Keep in mind, Corson is CIA. Also making out on the deal was John Riddle, who had used a $3 million promi…
▶ 27:28
40 million to 50 million from Vernon Savings, more than 2 million from Mercury and Ben Malone Savings, controlled by his fellow Kappa Sigma brother, George Aubin, 5 million from Liberty Savings in Leesville, Louisiana, and a $195 million lo…
▶ 34:52
The list of savings and loans represented at the meeting is a who's who of the biggest failed savings and loans in Texas. Vernon Savings, Mainland Savings, Lamar Savings, Paris Savings, First South Savings, Western Savings, Continental Savi…
▶ 1:12:46
Beebe also brought Haynes Inter that borrowed $4 million from Beebe's controlled state savings and loan in Lubbock, Texas, to buy a lumber company in New Mexico from Pennzoil. That deal stuck to high hell, said one person. Two other people …
▶ 1:13:18
who had been in real estate business in Fresno, where he apparently did business with Southmark, which is where Bebe dumped all of the property. That was beyond tubes, among other things, to borrow close to $14 million from Vernon Savings, …
▶ 20:07
to his business partner, Don Dixon. It was instant love. The same year Palmer National Bank opened its doors in 1983, Dixon had his Vernon Savings and Loan lend several million dollars to McLean to buy Paris Savings and Loan in a small town…
▶ 20:35
was quoted in the San Diego lawsuit as saying that Dixon called Paris Savings and Loan his junk bank. Paris Savings lent Dixon more than $3.5 million on an $8 million mansion Dixon was building in Rancho Santa Fe in Southern California. But…
▶ 21:04
All told, McLean and his companies borrowed over $34 million from Vernon Savings. One of his companies, Iona Development, borrowed $17 million from Beebe Controlled Continental Savings, which was owned by Beebe's frontman, Carol Kelly. In a…
▶ 21:33
independent American savings in Dallas, Hiawatha savings in Kansas, First South savings in Arkansas, Sandia savings in New Mexico, and San Joaquino savings in Houston. In 1989, the federal receivers for Vernon Savings, Independent Savings, …
▶ 21:45
who had earlier represented Don Dixon in his purchase of Vernon Savings and Tyrell Barker in his purchase of State Savings of Lubbock, all of which was financed by Herman Beebe, the mobster. Vineyard took an active role in the operations of…
▶ 26:48
and Lyman Hamilton tried to buy. Wood Brothers owned some 300 undeveloped residential lots in Houston. It had acquired them when they took over Roldan, a home building company formerly owned by Vernon Savings' Don Dixon. It's just a big mer…
▶ 32:37
Sandia was owned by a group of savings and loan executives from Dallas who had purchased it in May of 1984 with $6 million borrowed from Vernon Savings. Shortly after purchase, Sandia bought more than $80 million in loans from Vernon. This …
▶ 33:09
in Texas, and Charles Wilson, a director of North Park Savings. He was also a stockholder and borrower of the fraud-ridden First South Savings in Little Rock, Kansas. Morton and Wilson borrowed more than $5 million each from Vernon to buy S…
▶ 33:39
a big Democrat fundraiser who controlled independent American savings in Dallas, and Dan Whippeth, president of Telecom, a Houston Bank Financial Services company. The two of them borrowed $1 million each from Vernon to buy the stock from S…
▶ 34:07
bought control of telecom with a $6 million loan from Sunbelt Savings. He moved the company to Dallas and placed Delwin Morton on his board along with Joseph Gross, the San Joaquino executive who had worked for the Golets. In 1988, Galbert …
▶ 34:37
in Vernon loans for Sandia stock were later refinanced at Sunbelt Savings, which bumped them up to $19 million, giving the investors $3 million pocket change. Sandia was heavily involved in deals and lending to Texas companies connected to …
▶ 39:16
Riddle and Dover borrowed $40 million from Continental Savings when they purchased the land in 84. In addition, DRG, the Washington, D.C. company under investigation for HUD fraud, lent another $15 million on the property. In July of 85, th…
▶ 39:46
To Ballas, in December of that year, Western Savings purchased the promissory note to Vernon and Continental and Sandia Savings lent another $15 million. In addition, People's Heritage Savings and Loan in Kansas had a mortgage on some of th…
▶ 46:32
he stated that the amount of the debt was unknown. It wasn't unknown. Given the connections to Corson, Bush, Michener, and BB Circle, it is not too difficult to imagine how he got the loans at Silverado. It is also known that some of the bo…
▶ 1:01:52
It is interesting that this expression has been credited to Jarrett Woods, although some say it started with Tyrell Barker, because Western Savings was the biggest, last, greatest fool in Texas. It was Western that took out Vernon, Continen…
▶ 54:55
Some of the transactions General Holmes would actually finance the sale and take a first mortgage with a promissory note. The buyer would then obtain second mortgages from the savings and loan like Vernon, Continental, or Western, and later…
▶ 31:55
Beebe owned at least six Holiday Inns in Texas and Louisiana, including one in New Orleans that was a hotbed of mafia activity. He would later put that hotel up for collateral on a loan guarantee for his close associate, Don Dixon, to buy t…
▶ 17:29
He found a 5,000 square foot beach house overlooking Solana Beach, north of San Diego, which happens to be very close to my aunt's house where she used to live. Bebe brought Vernon Savings, Don Dixon, into a complicated refinancing and prop…
▶ 18:28
Paris Savings and Loan. By that time, Dixon was staying in the house on frequent trips to Southern California and using it to entertain Vernon Savings board members, customers, and at least one Texas Savings and Loan regulator that obviousl…
▶ 18:52
The Beach House gained notoriety during the criminal trials of several of Vernon's savings and loan executives and customers. Dixon, Vernon's president, Patrick King, and senior vice president, John Hill, were all convicted of using Vernon …
▶ 22:45
the Contra and everything else. Okay, Bazarian had numerous connections to Beebe's financial circle. He was a borrower from Dixon's Vernon Savings and was involved in a small Oklahoma savings and loan with Beebe's business associate, Michae…
▶ 40:25
Vernon savings for Dixon and state savings for Barker. So Phoebe's buying more banks using cutouts. In 1987, Barker was convicted of bank fraud involving state savings, Brownsville savings in Brownsville, Texas, and key savings in Englewood…
▶ 40:55
who had purchased key savings with an $11 million loan from Vernon Savings. Massive money laundering. At the same time Barker and Beebe were controlling the loans made by state savings, Renda was brokering tens of millions of dollars in dep…