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1. www.nytimes.com › 1991/03/17 › businessHe Had Money, Women, an S.&L. Now Don Dixon Has Jail

   www.nytimes.com › 1991/03/17 › business

   Mar 17, 1991 · According to court records, Vernon money paid for a $2.6 million yacht named High Spirits, a Rolls-Royce and a Ferarri dealership. Mr. Dixon also bought shotguns priced at $25,000. When Mr. Dixon ...

2. www.latimes.com › archives › la-xpm-1990/06/14-fiEx-Owner Is Indicted in Collapse of Vernon S&L; : Thrifts ...

   www.latimes.com › archives › la-xpm-1990/06/14-fi

   Jun 14, 1990 · The federal indictment accuses Don R. Dixon of 38 criminal counts in the collapse of Vernon Savings & Loan in tiny Vernon, Tex.--a debacle that could cost taxpayers as much as $1.3 billion in one ...

3. People also ask

   Did Don Dixon loot Vernon University?

   • Don Dixon, who held 91 per cent of Vernon’s stock, had left the institution a few months earlier. Before the federal takeover, regulators said Dixon had collected more than $8 million in salary, bonuses, and dividends during his tenure. Now federal regulators are charging Dixon and six other former Vernon officers with looting the institution.

   The Party’s Over – Texas Monthly

   www.texasmonthly.com/news-politics/dallas-savings-loan/

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   What was Mr Dixon's use of Vernon funds?

   • Mr. Dixon was acquitted of allegations that he used Vernon funds to reimburse employees for political contributions and for out-of-state trips with Mr. Bowman. In his closing arguments, David Jarvis, one of the prosecutors, said Mr. Dixon used Vernon as "his personal piggy bank."

   He Had Money, Women, an S.&L. Now Don Dixon Has Jail - The

   www.nytimes.com/1991/03/17/business/he-had-money-women-an-s-l-now-don-dixon-has-jail.html

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   Who is Don Dixon?

   • Don Dixon is perhaps the biggest scalp so far for the Justice Department in its crackdown on savings and loan fraud.

   He Had Money, Women, an S.&L. Now Don Dixon Has Jail - The

   www.nytimes.com/1991/03/17/business/he-had-money-women-an-s-l-now-don-dixon-has-jail.html

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   Why did Dixon take Vernon on a 'goodwill Entertainment trip'?

   • Mr. Dixon did acknowledge that, at Vernon's expense, he took L. Linton Bowman 3d, then the Texas savings and loan commissioner, on "goodwill entertainment trips," because he wanted him to see some antique dealerships he felt Vernon ought to own (and that Mr. Bowman did bless).

   He Had Money, Women, an S.&L. Now Don Dixon Has Jail - The

   www.nytimes.com/1991/03/17/business/he-had-money-women-an-s-l-now-don-dixon-has-jail.html

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4. www.texasmonthly.com › break-bank-vernon-savingsBreak the Bank! – Texas Monthly

   www.texasmonthly.com › break-bank-vernon-savings

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   Don Dixon ran Vernon Savings the way the Romans ran orgies, equating excess with success, until his empire collapsed. ... That same year, R. B. Tanner founded Vernon Savings and Loan. Vernon was a ...

   • Phone: (512) 320-6900

5. www.latimes.com › archives › la-xpm-1991/04/03-fiDixon Gets 5 Years for Fraud in Thrift Collapse : Thrifts ...

   www.latimes.com › archives › la-xpm-1991/04/03-fi

   Apr 3, 1991 · Dixon bought a sleepy savings and loan in his hometown of Vernon, Tex., for $5.8 million in 1982, soon embarking on a spending spree that has become the stuff of savings and loan legend.

6. www.washingtonpost.com › archive › businessJURY INDICTS FORMER TEX. SL OWNER - The Washington Post

   www.washingtonpost.com › archive › business

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   Jun 14, 1990 · Dixon operated the now-defunct Vernon Savings & Loan, the eventual collapse of which cost taxpayers $1.3 billion. When the government took over the institution, 96 percent of its loans were bad.

7. www.latimes.com › archives › la-xpm-1990/12/21-fiEx-Owner of Vernon S&L; Convicted of Fraud : Thrifts: Don ...

   www.latimes.com › archives › la-xpm-1990/12/21-fi

   Dec 21, 1990 · A federal jury Thursday convicted Don Dixon, the former owner of Vernon Savings Assn., on 23 counts of fraud, saying his use of the thrift's money to live extravagantly helped cause its $1.3 ...

8. www.texasmonthly.com › dallas-savings-loanThe Party’s Over – Texas Monthly

   www.texasmonthly.com › dallas-savings-loan

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   Don Dixon, who held 91 per cent of Vernon’s stock, had left the institution a few months earlier. Before the federal takeover, regulators said Dixon had collected more than $8 million in salary ...