... Another Augusta National member is Hugh McColl jnr, a former chief executive of Bank of America, which last year needed a $64 billion bailout from the US taxpayer. In 1997, Rick Hendrick, a wealthy car dealer from McColl's home town of Bennettsville, South Carolina, was convicted of mail fraud. In 2000, McColl wrote to outgoing President Bill Clinton seeking a pardon for his buddy. A fortnight after the Bank of America Foundation announced it was donating $700,000 towards the establishment of a Clinton Presidential Library, the pardon was duly granted ...See full editorial here.
Friday, April 16, 2010
Paul Thomas of the New Zealand Herald notes: