- 3 -
Petitioner is an experienced businessman, a producer, a
radio personality, and a lawyer. Petitioner received a bachelor
of arts degree (1949) and a law degree (1950) from Denver
University. He worked 5 years as an assistant attorney general
for the State of Minnesota, acting as a trial lawyer for the
Minnesota Highway Department. He also worked for 1 year in the
mid-1950s as counsel to the judiciary committee of the Minnesota
State Senate. From 1956 to 1964, petitioner practiced law full
time, and he thereafter practiced law part time. After 1964,
petitioner spent approximately 95 percent of his time working on
his own business deals and as an employee of various companies.
In 1964, petitioner became president of the Bank of
Minneapolis, a downtown retail bank in Minneapolis. This bank
was a small bank, and each of its officers, including petitioner,
was a loan officer. Petitioner acted as a loan officer for about
4 or 5 years, and as a loan officer he evaluated
creditworthiness, the character of the borrower, the cashflow of
the business, the market value of the borrower’s collateral, and
“things like that”. Petitioner was also president of the Lake
City State Bank in Lake City, Minnesota.
International Broadcasting Corporation (IBC)
Petitioner incorporated International Broadcasting
Corporation (IBC) in April 1981. IBC was a publicly held
company, and its stock was traded on the NASDAQ national stock
Page: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 Next
Last modified: May 25, 2011