News » The Week That Was

Aug. 12-18, 2009

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Aug. 12-18, 2009

It was a GOOD week for …

 

BANKRUPTCY. The notorious developer Jay DeHaven, his career a string of controversies, filed a bankruptcy liquidation petition listing debts of $50 to $100 million and assets of less than $50,000. Maybe there's a deal here for Central Arkansas Water for that sod farm land DeHaven has been trying to sell for far more than he seems to have put in it.

 

GOV. MIKE BEEBE. He said he wouldn't approve a legislative insiders' plan to build an expensive tunnel between the Capitol and the Big MAC office building so legislators need not expose themselves to the elements when they walk to millions of dollars worth of new legislative offices planned in Big MAC. Do we really need the offices?

 

It was a bad week for …

 

ARKANSAS HOME-OWNERS: A research firm says 25 percent of home mortgage holders in Arkansas are upside down – they owe more than their homes are worth.

 

BETSEY WRIGHT. The former chief of staff for Bill Clinton was charged with 51 felony counts of attempting to take contraband into a maximum security prison, primarily needles believed to be used for homemade tattoos. Wright says she was wrongly accused when stopped at a security checkpoint and believes she's been targeted for retribution by prison officials. A felony prosecution for such a violation is virtually unheard of.

 

FRANK ANTHONY. The Arkansas Teacher Retirement System ruled that he had not met technical requirements for retirement before returning to work as Pine Bluff School superintendent after a month off. He'll have to refund benefits he received and return until his “real” retirement the contents of a substantial deferred retirement account.

 

U.S. REP. MIKE ROSS, who said on CNN that he'd never vote for a bill “to kill old people.” There is no such bill. To say this just gave comfort to the crazies and their fairy tale death panels. What Forrest Gump's mama said.

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