Curt Bradbury
Stephens Inc. officer present at the November 1977 Little Rock meeting with BCCI, later chairman of Worthen Bank, which lent the 1992 Clinton campaign 3.5 million dollars.
Curt Bradbury is a Little Rock banker who spent his career with the firms of Jackson Stephens.
On November 9, 1977, as an employee of Stephens Inc., he sat with Stephens and Bert Lance in Little Rock opposite Abdus Sami of the Bank of Credit and Commerce International. The subject was Lance's National Bank of Georgia. "Stephens and Bradbury allegedly recommended that BCCI purchase FGB stock or recommend the stock to its clients," two reporters wrote of Financial General Bankshares, of which Stephens Inc. held 4.9 percent. Within two months four clients of the bank had bought into the company through an account at Stephens Inc.1
In April 1985 Worthen Bank lost 52 million dollars of Arkansas state money in the failure of Bevill, Bresler and Schulman. Stephens Inc. underwrote a 35 million dollar stock issue, and Bradbury took charge of the bank. As its chairman in March 1992 he arranged a line of credit of 3.5 million dollars for the presidential campaign of Bill Clinton, of which about 3 million was drawn and repaid. The campaign kept its federal election funds on deposit at the bank. With Mack McLarty he organized Little Rock fundraisers that brought in 2 million dollars, and he gave 10,000 dollars to the Democratic Party. Another account names the campaign's finance officer, David Watkins, as the man who arranged the loan, and puts it at 3.9 million dollars in eleven installments.23
Sources
- Truell, Peter, and Larry Gurwin. False Profits: The Inside Story of BCCI, the World's Most Corrupt Financial Empire. Houghton Mifflin, 1992; Financial General Bankshares, Inc. v. Metzger, 523 F. Supp. 744 (D.D.C. 1981). ↩
- "Meet The Family That Bankrolled Clinton," The Seattle Times, January 31, 1993; "15 Years in Review," Arkansas Business. ↩
- Morris, Roger. Partners in Power: The Clintons and Their America. Henry Holt, 1996. ↩
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