Clinton Library Builder's CFO Vanishes, Leaving Questions, No Clues
LITTLE ROCK, Ark. (AP) -- The stress of restructuring the construction company that built the Clinton Presidential Library gave John Glasgow every reason to run away.
A seven-figure salary, a chance to buy part of a firm jointly owned by department-store chain Dillard's Inc. and a life lived in good spirits gave him every reason to stay.
Glasgow has been missing since before sunup Jan. 28; his car was found abandoned the next day at a state park. Family and police say it's impossible to tell whether Glasgow killed himself, was abducted or left to start a new life elsewhere. His family said the easygoing 45-year-old felt overwhelmed and anxious about a company audit, but the company said it found no money missing. The police say there is no evidence of foul play, but no clues to his whereabouts, either.
"He may be under some kind of compulsion ... some kind of blackmail, that's a scenario you could dream up," his brother Roger Glasgow said. "We're not suggesting any of these scenarios because we just don't know. But it does open up a Pandora's box of possibilities."
John Glasgow was the chief financial officer of CDI Contractors LLC of Little Rock. The firm, owned by Dillard's and the estate of co-founder Bill Clark, built or remodeled many of Dillard's 300-plus department stores and put up some of Arkansas' signature projects, including Clinton's library and the headquarters of Heifer International. CDI last year had estimated sales last year of $432.9 million. Dillard's Inc. had 2007 sales of $7.81 billion.
With Clark's death last year, Dillard's has the option to buy his shares. The retailer, however, has discussed letting CDI employees buy Clark's shares instead. Glasgow was in charge of the redistribution and himself stood to buy a part of the company.
Glasgow's family and colleagues say the multimillion-dollar deal weighed heavily on him.
Weeks before his disappearance, his wife Melinda found him pacing in their kitchen as the end-of-the-year audit period approached. Dillard's, with its option pending, sent "absolutely relentless" auditors to review CDI's books, she said.
According to Roger Glasgow, John tapped his own phone line after perceiving a threat over how CDI depreciated its assets. Depreciation, a standard accounting practice, figures how business assets, such as equipment, lose value over time.
Roger Glasgow said one Dillard's official reminded his brother it was the CFO of Enron Corp. who went to jail when that company collapsed in an accounting scandal.
Recordings from the tapped phone line captured no further threats, he said.
Dillard's did not return telephone calls to The Associated Press seeking comment but in a joint statement with CDI told the weekly newspaper Arkansas Business nothing was wrong with the accounting.
"Neither Dillard's nor CDI believe any money was misappropriated by John Glasgow or any other member of CDI's management," the statement said.
The clean books fit John Glasgow's personality, his family says: After earning a $500 bonus for completing an anti-smoking program, the executive returned the money after he started to light up again.
William Clark, president and CEO of CDI Contractors and the son of its founder, said there had been "a meeting that did not go well" but that no one threatened or harassed Glasgow. He said Glasgow suffered from "pressure that was self-induced."
"The people buying in were obviously about ready to take a big financial step and John felt personally responsible to make sure that everything went well with the deal," Clark said.
Clark said the redistribution has slowed since Glasgow's disappearance. A former member of Dillard's financial office now oversees CDI's books, but the secretary still answers the telephone by saying "John Glasgow's office."
Roger Glasgow said his brother appeared happy in his marriage after recent family trips to the Galapagos Islands and skiing in Colorado. Another brother, Gary, said the family gathered New Year's Day at John's Little Rock home. Despite looking like he lost a little weight, Gary Glasgow said, his brother seemed to be in good spirits.
The family's bank accounts saw no unusual transactions, nor were there unfamiliar calls to their home or cellular phones in the three months before his disappearance.
The day after Glasgow disappeared in his dark gray 2005 Volvo SUV, police found the car atop Petit Jean Mountain, a state park an hour northwest of Little Rock -- doors unlocked, valuables inside. There was no hint of Glasgow.
Conway County sheriff's investigator Sonny Stover said tracking dogs may have found something -- but the dog handlers couldn't tell if the scent came from Glasgow or just from his car. No one knows how the SUV came to be on the mountain.
"It looks like he's just walked off," Stover said.
A worker at a Waffle House 30 miles from Petit Jean offered one clue, telling deputies that, about the time of the disappearance, a man matching Glasgow's description dropped in to order breakfast. The traveler ate two eggs over medium, hash browns and bacon -- alone and untroubled.
Find John Glasgow:
www.findjohnglasgow.com
Coincidence?
James McDougal - Clinton’s convicted Whitewater partner died of an apparent heart attack, while in solitary confinement for refusing to testify as a key witness in Ken Starr’s investigation.
Mary Mahoney - A former White House intern was murdered July 1997 at a Starbucks Coffee Shop in Georgetown. The murder happened just after she was to go public with her story of sexual harassment in the White House.
Vince Foster - Former white House counselor, and colleague of Hillary Clinton at Little Rock’s Rose law firm. Died of a gunshot wound to the head, ruled a suicide.
Ron Brown - Secretary of Commerce and former DNC Chairman. Reported to have died by impact in a plane crash. A pathologist close to the investigation reported that there was a hole in the top of Brown’s skull resembling a gunshot wound. At the time of his death Brown was being investigated, and spoke publicly of his willingness to cut a deal with prosecutors.
C. Victor Raiser II - & - Montgomery Raiser, Major players in the Clinton fund raising organization died in a private plane crash in July 1992.
Paul Tulley - Democratic National Committee Political Director found dead in a hotel room in Little Rock, September 1992. Described by Clinton as a “Dear friend and trusted advisor”.
Ed Willey - Clinton fund raiser, found dead November 1993 deep in the woods in Virginia of a gunshot wound to the head. Ruled a suicide. Ed Willey died on the same day his wife Kathleen Willey claimed Bill Clinton groped her in the oval office in the White House. Ed Willey was involved in several Clinton fund raising events.
Jerry Parks - Head of Clinton’s gubernatorial security team in Little Rock. Gunned down in his car at a deserted intersection outside Little Rock. Park’s son said his father was building a dossier on Clinton. He allegedly threatened to reveal this information. After he died the files were mysteriously removed from his house.
James Bunch - Died from a gunshot suicide. It was reported that he had a “Black Book” of people containing names of influential people who visited prostitutes in Texas and Arkansas.
James Wilson - Was found dead in May 1993 from an apparent hanging suicide. He was reported to have ties to Whitewater. Kathy Ferguson -Ex-wife of Arkansas Trooper Danny Ferguson died in May 1994 was found dead in her living room with a gunshot to her head. It was ruled a suicide even though there were several packed suitcases, as if she was going somewhere.
Danny Ferguson was a co-defendant along with Bill Clinton in the Paula Jones lawsuit. Kathy Ferguson was a possible Corroborating witness for Paula Jones.
Bill Shelton - Arkansas state Trooper and fiancee of Kathy Ferguson. Critical of the suicide ruling of his fiancee, he was found dead in June, 1994 of a gunshot wound also ruled a suicide at the grave site of his fiancee.
Gandy Baugh - Attorney for Clinton friend Dan Lassater died by jumping out a window of a tall building January, 1994. His client was a convicted drug distributor.
Florence Martin - Accountant sub-contractor for the CIA related to the Barry Seal Mena Airport drug smuggling case. Died of three gunshot wounds.
Suzanne Coleman - Reportedly had an affair with Clinton when he was Arkansas Attorney General. Died of a gunshot wound to the back of the head, ruled a suicide. Was pregnant at the time of her death.
Paula Grober - Clinton’s speech interpreter for the deaf from 1978 until her death December 9, 1992. She died in a one car accident.
Danny Casolaro - Investigative reporter. Investigating Mena Airport and Arkansas Development Finance Authority. He slit his wrists, apparent suicide in the middle of his investigation.
Paul Wilcher - Attorney investigating corruption at Mena Airport with Casolaro and the 1980 “October Surprise” was found dead on a toilet June 22, 1993 in his Washington DC apartment. Had delivered a report to Janet Reno 3 weeks before his death.
Jon Parnell Walker - Whitewater investigator for Resolution Trust Corp. Jumped to his death from his Arlington, Virginia apartment balcony August 15, 1993 Was investigating Morgan Guarantee scandal.
Barbara Wise - Commerce Department staffer. Worked closely with Ron Brown and John Huang. Cause of death unknown. Died November 29, 1996. Her bruised nude body was found locked in her office at the Department of Commerce.
Charles Meissner - Assistant Secretary of Commerce who gave John Huang special security clearance, died shortly thereafter in a small plane crash.
Dr. Stanley Heard - Chairman of the National Chiropractic Health Care Advisory Committee died with his attorney Steve Dickson in a small plane crash. Dr. Heard, in addition to serving on Clinton’s advisory council personally treated Clinton’s mother, stepfather and brother.
Barry Seal - Drug running pilot out of Mena Arkansas, Death was no accident.
Johnny Lawhorn Jr. - Mechanic, found a check made out to Clinton in the trunk of a car left in his repair shop. Died when his car hit a utility pole.
Stanley Huggins - Suicide. Investigated Madison Guarantee. His report was never released.
Hershell Friday - Attorney and Clinton fund raiser died March 1, 1994 when his plane exploded.
Kevin Ives & Don Henry - Known as “The boys on the track” case. Reports say the boys may have stumbled upon the Mena Arkansas airport drug operation.
Controversial case here-initial report of death was due to falling asleep on railroad track. Later reports claim the 2 boys had been slain before being placed on the tracks. Many linked to the case died before their testimony could come before a Grand Jury.
THE FOLLOWING PEOPLE HAD INFORMATION ON THE IVES / HENRY CASE:
Keith Coney - Died when his motorcycle slammed into the back of a truck, July, 1988
Keith McMaskle - Died stabbed 113 times, Nov, 1988
Gregory Collins - Died from a gunshot wound January 1989.
Jeff Rhodes - He was shot, mutilated and found burned in a trash dump in April, 1989.
James Milan - Found decapitated. Coroner ruled death due to natural causes.
Jordan Kettleson - Was found shot to death in the front seat of his pickup truck in June 1990.
Richard Winters - Was a suspect in the Ives / Henry deaths. Was killed in a set-up robbery July 1989
THE FOLLOWING CLINTON BODYGUARDS ARE DEAD:
Major William S. Barkley Jr.
Captain Scott J. Reynolds
Sgt. Brian Hanley
Sgt. Tim Sabel
Major General William Robertson
Col. William Densberger
Col. Robert Kelly
Spec. Gary Rhodes
Steve Willis
Robert Williams
Conway LeBleu
Todd McKeehan