Sandia Federal Savings and Loan organization

“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 …”

“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 …”

“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…”

“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 …”

“sell them to each other, keep driving the price up so that they could sell another entity co-located with that at a much higher inflated price. And this is all being done by the CIA and the mafia with illicit money and brokered deposits. Sa…”

“were with Mainland, but the few that weren't were also significant. After Raymond Hill quit as chairman of Mainland in October 1985, Pulver's group immediately turned to Sandia Federal Savings Loan in Albuquerque to finance their next big H…”

“to finance Houston deals. Sandia paid off a $9 million promissory note owed to the Pulver Group by another New York investment outfit, an affiliate of Cantor Fitzgerald on a downtown Houston office building. This other New York group then d…”

“that we've discussed before. In 1985, Sandia purchased three promissory notes from Allied Bank, which is Michener's bank. The base value totaled $9 million, with an unpaid principal and interest coming to $2 million. One month after this de…”