Aggy Cheatin

Aggies learned to cheat long before Jackie showed up, he just refined it.

I always thought it was "Dr Bum Bright", because he taught it.

We won't even talk about Claytie, but someday I'll share the story of Claytie wanting to go recruiting with Fred and me.
 
SabreHorn said:
We won't even talk about Claytie, but someday I'll share the story of Claytie wanting to go recruiting with Fred and me.
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Clayton Williams... what an interesting and "colorful" cat. Met him years ago when a company I was rep for flew a team out to Midland to sell Claydesta some telecom equipment.

We look forward to your story!
 
For now, I'll just tell you that Claytee was in Houston to try to restructure the bank debt of his communications company. He had a sixpack in the car between downtown and Hobby. He gave us a rash of **** over everything including Fred flying that damn KingAir while Claytee had his jet (Citation I think).

Love the guy, and he would have made a great governor.
 
SabreHorn said:
For now, I'll just tell you that Claytee was in Houston to try to restructure the bank debt of his communications company. He had a sixpack in the car between downtown and Hobby. He gave us a rash of **** over everything including Fred flying that damn KingAir while Claytee had his jet (Citation I think).

Love the guy, and he would have made a great governor.
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Claytee could have easily been elected had he just kept his comments professional and focused on improving the environment for business in Texas. He could have ignored the beer joint queen. But he had to aggy it up and make a joke about rape. There are few other topics to avoid that are worse than rape. It still boggles my mind.
 
When Bum was owner of the Cowboys he once bragged that he talked to Landry once a year and talked to Captain Jack every week. He lost big twice. I think it was $17 million on the Republic Bank failure and then big when he and his son-in-law went upside down with Bright Bank. (I clipped them for a 1.2 million contract that year, and they paid!) Then there were the aggie football players he bought that busted.

I don’t much care for crazy aggies like him but they really piss me off when they sell a Texas football franchise to a carpetbagging flimflam alcoholic (Johny Walker Blue daily) Razorback. Especially when it was recognized as one of the classiest franchises in football. Did not know the man and if I did or didn’t I would not attacked his character. Probably a good guy, just too much aggie.
 
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SabreHorn said:
I think he actually made money on Republic Bank
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Merged with Interfirst Bank and one year later Feds took them over and in a midnight deal, brokered by Perot, it went to NCNB. Both banks belly up. Stock was crap and he was the biggest stockholder. If he made money it must have been director pay. FDIC sued directors.
He should have stuck with trucking.
 
How much money did he owe them? Who paid the two cents or less on the dollar for the loan? Perhaps a company that had a large shareholder?
 
SabreHorn said:
How much money did he owe them? Who paid the two cents or less on the dollar for the loan? Perhaps a company that had a large shareholder?
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Perhaps some walking money on his nonperforming loan. Republic had a bunch of them. Feds let NCNB take good loans and created a separate entity for those bad ones. It was a textbook case. I would be surprised if Feds let a director skate, but you may know more than me on this one.
Guess who got the data processing contract on the new company? The broker, who ran for President.
 
Texanne said:
NCNB. Ah, yes, I remember. I banked there.

Name Change National Bank

Not Consistently Named Bank
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When I moved to Texas from North Carolina (west of Charlotte) in August 1991, I opened up a bank account at the NCNB branch off Burnet and MoPac (across the street from the infamous yogurt shop). Interstate branch banking had just started. No one in Texas knew what NCNB stood for. Funny.
 
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There used to be a jet that left Hobby every evening bound for Charlotte to deliver all the checks drawn on remote disbursement accounts. Armored cars out of Laredo and Midland took off for Houston & Dallas to make those flights. The one out of Laredo stopped in San Antonio for a pickup. If you worked for one of the Clearing House Banks, you could signup to "guard" the delivery. Spend the night in Charlotte, take your wife up to High Point furniture shopping and come back at Clearing House expense. Come back on next day on the jet. Wachovia was the king, but they had a couple of friends.
 
SabreHorn said:
Give them their props, from being the remote disbursement center of the US to owning BofA
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Growing up in the Charlotte area, little did I know that the area banks that I would see driving around town would be influential, famous or infamous:
First Union: bought out by Wachovia. Charlotte based.
Wachovia: bought out by Wells Fargo after 2008 financial crisis. Charlotte based.
BB&T: just merged with SunTrust. Based in Winston Salem
NCNB: nationalized as NationsBank then merged with Bank of America. Charlotte based.

You often drove by all 4 banks driving across town to get to church or the mall. Anyway, no teller in Texas has guessed what NCNB stands for when I show them my bank ID card for the last 29 years. In case I wasn’t clear, the tellers at the NCNB branch off Burnet in 1991 didn’t know what NCNB stood for.
 
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You have no idea how close the Aggies came to the death penalty.

SMU deserved it for being the first school to buy a house. Laughed my *** off when the kid quit 6-7 weeks into his freshman year.

BTW, there's a guy that goes around and says that he drive the car to Sealy for SMU after they put two suitcases full of cash in the back. NOT TRUE!
 
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