Conspiracy Nation -- Vol. 3 Num. 30

("Quid coniuratio est?")

SHERMAN SKOLNICK -- WHITEWATER UPDATE

Tom Valentine's guest on Radio Free America (Shortwave, 5.065 MHz, mon-fri, 9 pm cst) on November 30, 1994 was independent researcher and founder of the Citizens Committee to Clean-up the Courts [CCCC], Mr. Sherman Skolnick. Note that views expressed in the following do not necessarily reflect my own views or those of Conspiracy Nation.

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[...continued...]

SHERMAN SKOLNICK:
O.K. But wait a minute.

January '94. A senior litigation attorney of the U.S. Small Business Administration, in Chicago, a close crony of the Rodham family of Park Ridge (a northwest suburb of Chicago. And the Rodham family, Hillary's family, is originally from Park Ridge), uh he kept following me around the courthouse. I'm a journalist and I come often to the courthouse, the state and federal courthouse, to watch cases, to interview people, and so on.

And I know this lawyer, and he kept, sort of, "dogging me". He'd stand near me and make small talk. Most lawyers are afraid of me because of our cable TV show here that "fingers" crooked lawyers and judges, so most of 'em won't be seen with me at all. But he kept standing near me.

Anyway, to make a long story short, I ended up with a former client of this man, John E. Gierum, of Park Ridge. I ended up outside his office in a vehicle. And he sat in the front seat of the car, next to me. And he confessed to me that the White House was in the works [of] trying to "frame" him on a series of situations amounting to millions and millions and millions of dollars.

And I said, "Well, you're a skilled lawyer." He says, "It won't help me." He says, "You'll probably soon get a collect call from me from a far-away jail." He says, "If they set about to 'frame' me, nothing can help me."

And among other things we discussed (as we had discussed exclusively on one of your earlier programs), the mysterious transfer of $50 million from a Resolution Trust Corporation [RTC] contingency fund...

TOM VALENTINE:
All right, well hold it. $50 million slips away from a contingency fund. And we will return to this.

My guest is Sherman Skolnick. I'm Tom Valentine, this is Radio Free America.

[...break...]

All right, now we're talkin' with Sherman Skolnick. And of course we're talking about Bill and Hillary Clinton, and they're, they're tangled into Whitewater (which has not been talked about much.) And right now, we're going back over old news, building up -- I assume, Sherman, we're building up to some new wrinkles on this.

SKOLNICK

Absolutely.

VALENTINE

All right now, before we...

SKOLNICK

...trying to go about it step by step. I hope I'm not getting too technical. I'm trying to summarize some complicated events so that...

VALENTINE

Well we've got, we've got a listener out here that wants to "give you what for" [i.e. challenge what Skolnick says]. She just doesn't like this.

Lilly, in Picayune, Mississippi. What's the matter with you, Lilly?

LILLY

Well, not anything except a little bit of honesty. I would like for the, whatever his name is, to tell... I would like to ask him if he investigated "October Surprise" and Iran-Contra.

VALENTINE

Oh, he sure did, ma'am.

LILLY

Well. What did he come up with?

VALENTINE

Oh, tell her what you think of George Bush!

LILLY

Pardon me?

SKOLNICK

He committed treason, ma'am. On the "October Surprise" and the Iran-Contra, as we have discussed on earlier programs with Tom Valentine, exclusively, we and associates of ours have been on the cutting edge of that. And there's an overlap there: George Bush and Ollie North were involved with the cocaine being smuggled into Mena, Arkansas airport, under the supervision of Governor Clinton.

LILLY

Yeah, I know you had to bring up...

[...contention for who will speak...]

LILLY [continues]:
Hold it just a minute. Bush wasn't President at that time. Reagan was. Why is Reagan never mentioned in all this kind of stuff?

SKOLNICK

Uh, call up your local "news fakers" [laughs] and ask them!

LILLY

Oh you're, you're the one that's on the radio.

VALENTINE

Well, Lilly, hold it. Lilly, you see, you're in here two quarts low and four years late. But, but Sherman has been taking on... Hold it! Hold it.

LILLY

...President. He...

VALENTINE

Lilly!

LILLY

...when this was supposed to have happened.

VALENTINE

O.K. But, Lilly. You gotta learn to listen. Even though you're 80 years old and you're a dyed-in-the-wool Democrat, you gotta learn to listen sometimes. We don't favor either one, the Republicans nor the Democrats.

LILLY

I know.

VALENTINE

And no matter how bad George Bush may be, it doesn't make Bill Clinton good.

LILLY

No! I know that...

VALENTINE

O.K.

LILLY

...but...

VALENTINE

Thank you, ma'am.

[...contention for who will speak...]

LILLY

You see, Reagan was the President when all this happened.

SKOLNICK

O.K. But ma'am, if you read Spotlight you know, to their credit, they ran exclusive stories, uncovered by myself, on an unpublicized court case here in the federal court showing that George Herbert Walker Bush was in business with Saddam Hussein at the time that our soldiers were in harms way in the Gulf [see Conspiracy Nation Vol. 2 Num. 20]. So to say that we haven't outlined a few things... Spotlight played it up quite big, as well as on Radio Free America. So it's been gone into.

I would prefer to use this time on the air to set forth, step by step, what we are about to summarize here about...

VALENTINE

So would I! Lilly, I just want you to listen! You gotta learn to listen!

LILLY

O.K. Let's hear it.

VALENTINE

All right, we will, we will see you later, Lilly. Thank you.

SKOLNICK

All right. Now, I hope we haven't digressed too much, but...

VALENTINE

Well we have. But we gotta break in a minute or so, then we'll come back...

SKOLNICK

Uh, what I was getting at is, John E. Gierum, an attorney, at one time senior litigation attorney for the Small Business Administration [SBA], which is instrumentally tied in those things that could put Clinton in jail, and his wife, with this whole business that David Hale is, and others, are "fingering" the President and, and the current governor of Arkansas, Jim "Guy" Tucker.

Now. These things... Also, Mr. Gierum supervised this $50 million, $58 million, RTC contingency fund which disappeared from Chicago. And $50 million of it ended up in Little Rock to "make good" the $47 million that disappeared at the hands, some believe, of Hillary and Bill, from Madison Guaranty Savings and Loan. There's...

VALENTINE

That's a lot more money than the press has ever talked about. And you talked about that on this show.

SKOLNICK

More than once.

VALENTINE

More than once.

All right, so there's a $50 million gambit involved here.

We've got a break coming up, Sherman. But we're gonna continue with Sherman Skolnick, folks. And we're summarizing now. We'll get to the latest developments before we're done.

I'm Tom Valentine. This is Radio Free America.

[...break...]

All right, we are back. We have Sherman Skolnick.

And Sherman, now we've got a nice good block of time for you to go right ahead and get us into the meat of this thing.

SKOLNICK

All right. The unofficial office of the Resolution Trust Corporation [RTC], which is the S&L bailout group, is really in Chicago -- not the one that they list in Kansas City. It's inside a law office here: Hopkins and Sutter. They put away a $58 million contingency fund when they merged Household International with a local, defunct S&L, that was "parked" -- that was RTC funds, $58 million -- that was "parked" with a, with Household International. Because a local contractor [Joseph Andreucetti, "The Andreucetti Affair", see Conspiracy Nation Vol. 1 Num. 70] had a claim against this defunct S&L. And so, since the claim was pending, they put away that money.

And Gierum, Gierum supervised that 58 million.

Now 50 million, of that, disappeared, and ended up with RTC, Little Rock, to underwrite the 47 million that disappeared there from Madison Guaranty Savings and Loan, of which a grand jury has been investigating and, purportedly, is prepared to accuse Bill and Hillary of misfeasance and bank embezzlement.

VALENTINE

All right, now you were told this by...

SKOLNICK

...this over a year ago, on your show.

VALENTINE

I know. You told this to us 'cause Gierum told you. Otherwise, nobody would know about it.

SKOLNICK

Right! But here's what happened.

In January of this year [1994], under the circumstances I told you, he kept coming up to me when I came to the courthouse. He'd run from the other end of the courthouse, right up to me, and stand right next to me and start making small talk! (Which was unusual.)

VALENTINE

He evidently wanted to tell you somethin'.

Now where is he today?

SKOLNICK

He is inside of a law office with an un... Get this: a lawyer with an unlisted number [laughs]. In Park Ridge.

We give out his number, however, though it's not listed. It's xxx-xxx-xxxx. He's in Park Ridge.

That's strange, for a lawyer to have an unlisted number.

VALENTINE

I know. But why would you give out his number? If people would call him, what would they ask him? What would he tell 'em?

SKOLNICK

Well I give it out, basically, for other journalists.

VALENTINE

Uh-huh [understands].

SKOLNICK

The details that I'm discussing here...

VALENTINE

Does he want to talk about this?

SKOLNICK

Well, the popular press didn't go into the details of his confession, which I'll get to in a minute.

[...to be continued...]

I encourage distribution of "Conspiracy Nation."

Brian Francis Redman bigxc@prairienet.org "The Big C"

Coming to you from Illinois -- "The Land of Skolnick"