Wednesday, September 23, 2015

Whirlwind: the Butcher Banking Scandal by Sandra Lea (now deceased)

The true story of brothers, Jake and C.H. Butcher Jr., who rose from the poor rural countryside of Union County in the mountains of East Tennessee, to become masters of a multi-billion dollar banking empire.
Their lives of wealth and the power it bought created a whirlwind of greed and lavish spending rarely seen in today's world.
At the height of Jake Butcher's reign as chairman of the Knoxville's World's Fair, the house of Butcher fell like a house of cards, culminating in the third largest banking failure in our nation's history.
Hundreds of individuals and institutions were ruined in the Butcher debacle fanning a dismal decade of suicides and destruction, along with prison terms for the Butcher brothers and their associates.
Now, released from federal prison and under a sentence of bankruptcy for life, the brothers are "Back on top again," mastering million dollar deals and billion dollar dreams on borrowed money and borrowed time.

The copies I have for sale are signed by Jesse Barr; he was Jake's right hand man and provided the records for Sandra to review. 

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