Clinton Library Builder's CFO Vanishes, Leaving Questions, No Clues

[Hope And Change]

AP Photo: In this photo provided by the Glasgow family John Glasgow is shown in Little Rock, Ark.


AP

Exec's Vanishing Mystery Yields No Clues


Sunday March 16, 12:35 am ET

By Jon Gambrell, Associated Press Writer

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.

more...

http://biz.yahoo.com/ap/080316/executive_vanishes.html

[slinkerwink]

1. that's a very weird story

[easy_b94]

2. My mom said if I don't have nothing nice to say then keep your mouth closed

[Hawkeye-X]

7. Never mind. Just figured it out.

The Purple One.

[dkf]

3. Weird.

[TwilightGardener]

4. Missing since January 28th? What's with the urgency?

[bilgewaterbill]

5. Can you expand on your reasoning for placing this in GD:P?

[tammywammy]

6. Strange

I hope he's okay.

[MethuenProgressive]

8. Now the Obama Camp is claiming the Clintons had this guy killed?

The Obama Camp sinks into the shit even deeper.

[HooptieWagon]

12. LMAO! Have a reading comprehension problem?

Where does the article or post say anything about Obama? The hellary camp is getting ever more delusional by the day.

[MonkeyFunk]

14. See the hogwash in post 9

[paulk]

21. fascinating that that post has been allowed to stand, isn't it?

it's almost like having our own little piece of Free Republic right here on DU....

[MonkeyFunk]

22. This is at least the tenth time

I've seen someone insinuate the clintons are murderers.

I never thought such hateful nonsense would be allowed here, but what do I know? I guess all's fair when it comes to supporting a candidate.

[Window]

13. WTF???

:wtf:



:rofl:

[roguevalley]

15. since you were the first person to bring that up, we know who has

a shit fetish. I was just wondering what happened to this man and wondering about how miserable his family must be.

[rpannier]

19. Read Majorhogwash's post

and then come back with your outrage

[dchill]

16. "...the Clintons had this guy killed?"

Really? You think?

[Name removed]

9. Deleted message

Message removed by moderator. Click here to review the message board rules.

[Name removed]

24. Deleted message

Message removed by moderator. Click here to review the message board rules.

[peace13]

10. Oh no, this is horrible for his family.

Hope for the best.

[Ichingcarpenter]

11. They have a website to help solve this mystery

Put up by his family and friends


http://www.findjohnglasgow.com/gallery.shtml


Also the NY post has a story on him, that I found at the link above:
http://www.nypost.com/seven/03062008/business/without_a_trace_100654.htm

[tabasco]

17. Clintons had a boatload of money for that library.

Very much of it from Arab countries.

http://www.washingtonpost.com/wp-dyn/content/article/2007/12/14/AR2007121402124_pf.html

[havocmom]

18. Have the financial statements re that Library been released yet?

Is the campaign still trying to find time to Xerox those tax returns too?

How much time does it take to call the accounts and say 'release the returns and the Library records'?

[tabasco]

20. No. Bill Clinton said he is not releasing the donors list.

Hillary did some tap-dancing at the debate but when they asked Bubba, he said "no."

[Swamp Rat]

23. k&r

[havocmom]

25. And one for the day shift

:kick: for some interesting mysteries