Reply #62: I agree completely. I did a lot of checking online, [View All]

[highplainsdem]

and Mr. Schwarz has maintained an amazingly low profile for someone claiming to be CEO of a successful company, as well as a (former) GOP insider.

The claim that the GOP wanted him to run for governor of Arkansas made me wonder if there were any stories about civic involvement of the type that would make him a credible candidate. I couldn't find any. I did find a web page of Arkansas Supreme Court proceedings in 1997 ( http://courts.state.ar.us/opinions/971120.htm ) mentioning that the court denied a petition to review what was possibly a divorce case involving someone named Karl W. Schwarz vs. Lois (Schwarz) Moody. Mr. Schwarz has said that he's divorced.

I couldn't find anything on the "prison ministry" sometimes mentioned for Mr. Schwartz's background.

There's nothing on Patmos, and very little on Global Axxess or globalaxxess.net. I checked out Globalaxxess.com, which I saw mentioned on one web page about this controversy, but that was a dot.com that filed for bankruptcy a few years ago, and the CEO was Benjamin Hern.

What little I could find on Mr. Schwarz's Global Axxess consisted of web pages copying press releases from him, one news story that seemed to be primarily an interview with him (
http://okcbusiness.com/news/news_view.asp?newsid=455 ), and a couple of business message board comments that weren't exactly complimentary:

http://www.bradynet.com/bbs/em/100040-3554.html
This is a board for discussing the market in which someone quotes the letter Schwarz sent the White House about GX in September of last year -- that letter is about halfway down the page -- and the person posting the message suggests Schwarz is a "poor crook" trying to prop up GX shares.

http://www.lightreading.com/boards/message.asp?msg_id=41145
About 3/4 of the way down that page you'll see a press release about Mr. Schwartz's bankruptcy bid for Williams Communication Group, a bid that consists of a stock swap, followed by this message-board post:

GlobalAxxess (e*Capbank)...



Just send them your checks, please. The site is choked so I can't copy here the exact details, but these guys are typical of the oddballs that fall out of the trees around foreclosures and bankruptcies.



From memory: E*Capbank (the centerpiece of this scam) is attempting to raise about $2.5 billion in cash from "investors" which will be put under the control of five general partners who, they say, will attempt to consolidate three target companies now in bankruptcy.



Check them out through their website when enough of the early curious depart, thus freeing up bandwidth to allow other bystanders to witness another oddball group from Little Rock, Arkansas.



Put GlobalAxxess or e*Capbank into "google" for the URL.


Those are just message board posts, but I'm referring to them here because they were among the very few mentions of Karl Schwarz by third parties that I could find.

And I just did some more checking on something I'd noticed earlier but hadn't looked at, a search page result referring to Karl and Lois Schwarz, and a mortgage company. I am not positive the Karl W. Schwarz mentioned on that page is the same as the Karl Schwarz posting messages here, but this was on the first page of results that turned up when I Googled karl schwarz little rock. I didn't check this web page out when I first saw the result, just assumed it referred to an old (1976) dispute between the Schwarzes (since the paragraph of results mentioned Lois) and a mortgage company. When I looked at it more closely I saw it referred to a 1996 Arkansas Supreme Court opinion of a dispute related to the divorce. It's a WPD or WordPerfect file, but Google has an HTML version, at http://66.102.7.104/search?q=cache:8_1lrJlGNm4J:courts.state.ar.us/opinions/1996a/961028/96-458.wpd+karl+schwarz+little+rock&hl=en . And while usually I would not think that any legal documents pertaining to a divorce would be relevant here, I was concerned by the first sentence of the final paragraph of the court's opinion: This case is a troubling one because of the conduct of Karl Schwarz in executing an erroneous deed and because the "correction deed" may have been forged.

It worries me when the few references I can find to Mr. Schwartz's business dealings use words like "crook" and "scam" and "erroneous."

It also worries me that his book is being published in the way it is, by a man known for attacking Kerry.

There've been other questions raised in the Kerry general discussion forum, too, about the way the book is being marketed.

A lot of red flags here...