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Posted on February 13, 2008

Weekly Tease No. 2

In interviews with Jefferson County officials, the SEC has produced a chain of evidence connecting the dots between Langford, lobbyist Al LaPierre and investment banker Bill Blount.

By Kyle Whitmire
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Langford's Documentation


A chronological list of SEC exhibits in the Jefferson County investigation


May 9, 2003: Email from investment banker Bill Blount to then-Commission President Larry Langford says in part, “Need to know loan request from Colonial.”

May 28, 2003: An entry from Langford’s calendar records a meeting with Blount.

May 28, 2003: Blount writes a check for $50,000 to lobbyist Al LaPierre.

May 30, 2003: LaPierre writes a check to Colonial bank for $20,000.

June 4, 2003: Blount writes an email to the Colonial bank manager over Langford’s loan. The email reads in part, “Langford note will be paid by LaPierre today and then Milton will call REL to report that it has been paid. I think we will be okay by then.”

June 4, 2003: Blount writes a check to LaPierre for $30,000.

June 5, 2003: Al LaPierre writes a check to Colonial bank for $31,644.18.

June 27, 2003: Blount writes the same Colonial bank manager. The email says, in part: “I’m taking commissioners Langford and White to Atlanta tomorrow (flying) to get them out of town (their request as of yesterday afternoon). When you have your third billion-dollar deal in the span of three months, bankers absolutely drive them crazy.”

July 21, 2003: LaPierre’s firm faxes a $100,000 invoice to Blount Parrish Holdings “for services rendered regarding Jefferson County.”

July 2003: Blount writes an email to bond swap advisor Charles LeCroy. The email reads in part, “Langford sent LaPierre home. Said he wanted to meet with White by himself.”

Aug. 6, 2003: Blount writes and email to LeCroy. It reads in part, “I hope you will have some info to give them an idea of what it is we’re doing today. Larry called and wanted LaPierre there at 3:15 to discuss some political stuff. Also, he is hitting us up for something for his ministry. LaP says it isn’t much. I will be headed in that direction about noon. Call me on cell if you can.”

Aug. 28, 2003: Blount writes in an email to LeCroy, “Visited with LL yesterday, and he told me that he was setting up committee to effect the swaps without Commission approval.” The email continues: “He also said he instructed Norm [Davis] to move forward with the swap and for me to call him.”

Sept. 4, 2003: Blount writes in an email to LeCroy, “LaP. met with LL yesterday and put the whip to him. He said that what Compass and UBS are doing will not affect out moving forward with entire swap. They were unable to complete entire conversation, because LL had to leave. LaP felt he was flopping. Anything else from your end, call me on cell today.”
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