Bert Lance
| June 3, 1931 |
Bert Lance born, Gainesville, Georgia
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Bert Lance |
| July 16, 1977 |
Bert Lance testifies before a Senate sub-committee, answering questions about activities of that bank while he was Chairman of the Board. Questions also arose about the involvement of Calhoun National Bank (Calhoun, Georgia). These questions revolved around "sweetheart" loans made to Lance.
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Bert Lance |
| August 20, 1977 |
Jack Stephens introduces Indonesian businessman Mochtar Riady, who makes an offer for Lance's 200,767 shares of the National Bank of Georgia. The deal is refused at the time, but is consummated in 1982.
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Bert Lance |
| September 21, 1977 |
Office of Management and Budget Director Bert Lance resigns his position because of allegations of unethical behavior within the National Bank of Georgia
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Bert Lance |
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Jimmy Carter |
| January 4, 1978 |
BCCI repays a $3.4 million loan for Bert Lance
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Bert Lance |
| January 5, 1978 |
Lance sells his National Bank of Georgia stock to Ghaith Phararon, an associate of Pakistani banker Agha Hasan Abedi, who founded BCCI in 1972
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Bert Lance |
| February 7, 1992 |
In a copyrighted story in the New York Post, Mike McAlary claims that Bert Lance and Jack Stephens made millions on the bankruptcy of BCCI (Bank of Credit and Commerce International).
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Bert Lance |
Grandson of an itinerant minister who rode the Blue Ridge Mountains, and son of a north Georgia College president, Bert Lance met Jimmy Carter in 1966 in Rome, Georgia. Carter was running for governor, and Lance offered his support. They became close friends, with Lance serving as his advisor when Carter became governor and later, when Carter became President.
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