Ed McBurney person
also: McBurney, Fast Eddie
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Related entities (most co-mentioned)
Savings and Loan Associationorganization · 10Western Savingsorganization · 6John Kellyperson · 5San Joaquin Savingsorganization · 3Commerce Savingsorganization · 3Herman Beebeperson · 2George Aubinperson · 2Joseph Grovesperson · 2Adnan Khashoggiperson · 2Jarrett Woodperson · 2Joe Russoperson · 1Doug Jaffeperson · 1Thomas Perryperson · 1Bob Goodsonperson · 1Carol Kellyperson · 1Casey Hoodperson · 1Bossier Bank and Trustorganization · 1Continental Savingsorganization · 1Southmarkorganization · 1Ameriway Savingsorganization · 1Texoma Savingsorganization · 1Thomas Gobertperson · 1Independent American Savings Associationorganization · 1
Claims (7)
Joseph Groves laundered_money_for
Ed McBurney documented
“A 1988 lawsuit filed against McBurney and other Sunbelt insiders state that Gross handled these loans for San Joaquino. On the flip side, Gross received seven loans from Sunbelt totaling $21 million himself. This is money laundering. San Jo…”
▶ The Colonel’s Corner Mafia, CIA & George Bush Part 18 @ 10:05
Ed McBurney headed
Savings and Loan Association documented
“other insolvent Texas savings in load, including Jarrett Wood Western Savings at a bailout cost to you and I of estimated $2 to $3 billion. That's a lot. Sunbelt Savings, known in the industry as Gun Belt Savings, was controlled by Ed McBur…”
▶ The Colonel’s Corner-Mafia, CIA, and George Bush Part 16 @ 11:04
Ed McBurney associated_with
George Aubin documented
“McBurney's beginnings in the thrift industry go back to George Aubin and Jarrett Woods, with many connections to mobster Herman Beebe. Before McBurney consolidated several smaller Texas savings and loan into Sunbelt, he was the president of…”
▶ The Colonel’s Corner-Mafia, CIA, and George Bush Part 16 @ 11:34
Ed McBurney associated_with
Herman Beebe documented
“McBurney also had several direct dealings with mobster Bebe. One was just a straight loan to McBurney on an apartment project in Dallas. Another one was something completely different. McBurney wanted Sunbelt to buy an airplane for his use,…”
▶ The Colonel’s Corner-Mafia, CIA, and George Bush Part 16 @ 13:33
Ed McBurney headed
Texoma Savings documented
“McBurney's beginnings in the thrift industry go back to George Aubin and Jarrett Woods, with many connections to mobster Herman Beebe. Before McBurney consolidated several smaller Texas savings and loan into Sunbelt, he was the president of…”
▶ The Colonel’s Corner-Mafia, CIA, and George Bush Part 16 @ 11:34
Ed McBurney received_commission_from
Commerce Savings documented
“A mutual association of theirs, John Roberts, a San Antonio developer, purchased Commerce Savings in Angleton, Texas from Jarrett Woods. McBurney and Auburn split a $300,000 commission on the sale. Then McBurney would go on to help Woods ge…”
▶ The Colonel’s Corner-Mafia, CIA, and George Bush Part 16 @ 12:03
Herman Beebe loaned_to
Ed McBurney documented
“McBurney also had several direct dealings with mobster Bebe. One was just a straight loan to McBurney on an apartment project in Dallas. Another one was something completely different. McBurney wanted Sunbelt to buy an airplane for his use,…”
▶ The Colonel’s Corner-Mafia, CIA, and George Bush Part 16 @ 13:33
Mentions (13)
▶ 11:04
other insolvent Texas savings in load, including Jarrett Wood Western Savings at a bailout cost to you and I of estimated $2 to $3 billion. That's a lot. Sunbelt Savings, known in the industry as Gun Belt Savings, was controlled by Ed McBur…
▶ 11:34
McBurney's beginnings in the thrift industry go back to George Aubin and Jarrett Woods, with many connections to mobster Herman Beebe. Before McBurney consolidated several smaller Texas savings and loan into Sunbelt, he was the president of…
▶ 12:03
A mutual association of theirs, John Roberts, a San Antonio developer, purchased Commerce Savings in Angleton, Texas from Jarrett Woods. McBurney and Auburn split a $300,000 commission on the sale. Then McBurney would go on to help Woods ge…
▶ 12:33
Roberts, as noted earlier, was involved in the huge deals in Houston and Colorado with weapons trafficker Aiden Khashoggi. In 1983, McBurney had control of Sunbelt and Woods had control of Western Savings. The two began making multi-million…
▶ 13:33
McBurney also had several direct dealings with mobster Bebe. One was just a straight loan to McBurney on an apartment project in Dallas. Another one was something completely different. McBurney wanted Sunbelt to buy an airplane for his use,…
▶ 14:01
Bebe told him that Beausier didn't have the cash on hand to make the loan. But that wasn't a problem. Not for a mobster. Beausier got the cash by selling participation in a few loans on the books to Carol Kelly at Continental Savings. And w…
▶ 14:31
So this round robin exchange meant the money to buy Sunbelt's plane for McBurney ultimately came from Sunbelt itself. This is a good example of the way the savings and loan operated and would serve as a warning to investigators that unless …
▶ 8:43
the Khashoggi business partner who had bought the savings and loan from Jarrett Woods and Woods' brother-in-law, Thomas Perry. They, in turn, were assisted in the sale by Ed McBurney. Woods then bought Western Savings in Dallas while McBurn…
▶ 9:14
In 1989, he pleaded guilty to fraud at both Summit and Western for using straw borrowers to get up to $4.5 million to buy a private jet for his own personal use. He was sentenced to five years in jail. After Doug Jaffe borrowed the $7.1 mil…
▶ 9:43
borrowed $13 million on an apartment complex in Austin from McBurney's Sunbelt Savings. Jaffe and his partner, Bob Goodson, defaulted on that loan and then sued Sunbelt's federal receiver to keep the savings and loan from foreclosing on the…
▶ 43:45
and was an associate of several savings and loan crooks, including Jarrett Woods and Ed McBurney. Khashoggi and Roberts borrowed another $44 million from Commerce Savings to buy the Aspen property. Khashoggi then lent Roberts $14 million fo…
▶ 9:35
deposits, and then you dictate where that money goes after that to your mobster and CIA buddies. Another loan, $76 million to a partnership led by Sunbelt Savings Chairman Ed McBurney. The 1985 federal examination report stated that $21.5 m…
▶ 10:05
A 1988 lawsuit filed against McBurney and other Sunbelt insiders state that Gross handled these loans for San Joaquino. On the flip side, Gross received seven loans from Sunbelt totaling $21 million himself. This is money laundering. San Jo…