27 lines
2.3 KiB
Markdown
27 lines
2.3 KiB
Markdown
---
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category: "Business & Finance"
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tags:
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- Person
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- CurtBradbury
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- StephensInc
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- WorthenBank
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- BCCI
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- BillClinton
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- CampaignFinance
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summary: "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."
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location: "Little Rock, Arkansas"
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created: 2026-09-21
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updated: 2026-09-21
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---
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Curt Bradbury is a [[Little Rock, Arkansas|Little Rock]] banker who spent his career with the firms of [[Jackson Stephens]].
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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]
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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.[^2][^3]
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### Footnotes
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[^1]: 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).
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[^2]: "Meet The Family That Bankrolled Clinton," *The Seattle Times,* January 31, 1993; "15 Years in Review," *Arkansas Business.*
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[^3]: Morris, Roger. *Partners in Power: The Clintons and Their America*. Henry Holt, 1996.
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