Analysis of information sources in references of the Wikipedia article "Bert Lance" in English language version.
Stephens was both a close friend of Lance's, and a longtime activist in Democratic political circles. Stephens had been instrumental in fundraising efforts for President Jimmy Carter, who had been his classmate at the US Naval Academy in Annapolis. Moreover, Stephens retained a financial interest in National Bank of Georgia after Lance purchased it from FGB.
That never bothered Bert Lance!
Lance was found innocent on nine charges of misusing the funds of two Georgia banks he headed... the jurors could not reach a decision on two counts charging Lance lied in financial statements and one count charging that a loan Lance made to co-defendant Carr through the National Bank of Georgia was a misapplication of bank funds.
