SweetCaroline
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- Jun 17, 2015
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I saw the ticker at the top of the homepage, but I can't find any recent articles. Were more remains found? Or are they just now identifying the ones found last year?
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This case has never screamed suicide to me. I hope that whatever happened, they can figure it out.I am active on Websleuths for another case in Arkansas, but was curious about the ticker too. The best I can find is that on comments for a couple of old articles, someone is trying to revive the idea that the skull found last year does not support a suicide. There are "conspiracy theories" and a British news article with several allegations. I am not finding a solid link I can post here . . . Arkansas Times post has the clearest hint. (That is the more liberal tabloid that runs against the main conservative daily paper the Arkansas Democrat-Gazette.) Arkansas Matters is combo webpage for two television channels.
Bill Clark II was impressed by John Glasgow and recruited him to work for CDI. In 1995, John Glasgow discovered that CDI's Chief Financial Officer was embezzling money. He was fired, and prosecuted. John was promoted to CFO. Dillard's expressed concern that CDI wasn't being controlled tightly enough and called for a restructuring of terms.
They held a meeting and Bill Dillard II, Bill Clark, Alex Dillard, and the CFOs of both companies, John Glasgow and James Freeman were present. New terms or arrangements were established. Unfortunately there is no written record of the arrangements (should be recorded in the minutes). These probably included how to record the revenues correctly, the percent paid per job, and bonuses paid to CDI officers.
Business moves forward until Bill Clark II dies in 2007. Dillard's now has the right to buy all shares, but is negotiating a deal where Bill Clark's son, William Clark retains 30% and other CDI employees own 20%.
At this point, Dillard's CFO, James Freeman, realizes they were improperly claiming revenues and expenses and questions the bonuses paid to Glasgow.
James Freeman reportedly asked Glasgow if he knew about Enron, and said, "You know the CFO there? He lost his license; he went to prison. Well, thats whats going to happen to you. Freeman brought in three auditors who treated CDI like criminals.
http://upstart.bizjournals.com/exec...Arkansas-Executive-Goes-Missing.html?page=all