("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
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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
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]
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
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
- All right now, before we...
- ...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
- 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,
- 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.
- Oh, he sure did, ma'am.
- Well. What did he come up with?
- Oh, tell her what you think of George Bush!
- Pardon me?
- 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
- Yeah, I know you had to bring up...
[...contention for who will speak...]
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?
- Uh, call up your local "news fakers" [laughs] and ask them!
- Oh you're, you're the one that's on the radio.
- 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.
- ...President. He...
- ...when this was supposed to have happened.
- 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.
- I know.
- And no matter how bad George Bush may be, it doesn't make Bill
- No! I know that...
- Thank you, ma'am.
[...contention for who will speak...]
- You see, Reagan was the President when all this happened.
- 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...
- So would I! Lilly, I just want you to listen! You gotta learn to
- O.K. Let's hear it.
- All right, we will, we will see you later, Lilly. Thank you.
- All right. Now, I hope we haven't digressed too much, but...
- Well we have. But we gotta break in a minute or so, then we'll
- 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
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
- That's a lot more money than the press has ever talked about. And
you talked about that on this show.
- More than once.
- 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.
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.
- 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.
- All right, now you were told this by...
- ...this over a year ago, on your show.
- I know. You told this to us 'cause Gierum told you. Otherwise,
nobody would know about it.
- Right! But here's what happened.
In January of this year , 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
- He evidently wanted to tell you somethin'.
Now where is he today?
- 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.
- 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?
- Well I give it out, basically, for other journalists.
- Uh-huh [understands].
- The details that I'm discussing here...
- Does he want to talk about this?
- Well, the popular press didn't go into the details of his
confession, which I'll get to in a minute.
[...to be continued...]
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Aperi os tuum muto, et causis omnium filiorum qui pertranseunt.
Aperi os tuum, decerne quod justum est, et judica inopem et
pauperem. -- Liber Proverbiorum XXXI: 8-9
Coming to you from Illinois -- "The Land of Skolnick"