http://www.roanoke.com/news/roanoke/wb/166450
Roanoke neo-Nazi files for bankruptcy
William White is seeking Chapter 11 protection after what he
called a "cash
crunch."
By Laurence Hammack
981-3239
Four years after coming to Roanoke and starting a
rental home business that
quickly drew attention to his role in the white supremacy
movement, William
White has filed for bankruptcy.
White, a neo-Nazi activist who is perhaps better known
for his virulent
Internet postings than as the owner of White Homes and Land LLC,
recently
sought Chapter 11 bankruptcy protection.
In a petition filed last week in U.S. Bankruptcy Court
for the Western
District of Virginia, White listed assets of $1.9 million and
liabilities
of $1.4 million.
White, commander of the Roanoke-based American
National Socialist Workers
Party, was one of the country's few white supremacy leaders with
a viable
business, giving him both credibility in the movement and the
financial
means to spread his racist views, according to one expert on hate
groups.
"Now that's gone, and I think he has very little
left," said Mark Potok,
director of the Intelligence Project for the Southern Poverty Law
Center.
"It's a remarkable end for a guy who simply can't
stop bragging about what
a brilliant businessman he is."
According to an SPLC report issued earlier this year,
White came to Roanoke
in 2004 to start a real estate business, maxing out several
credit cards
for the capital to purchase the first of about 20 homes he
currently
maintains as rental properties in an impoverished part of the
city's West
End neighborhood.
About the same time, White began to post racially
charged comments on his
Web site, complaining about his black tenants and suggesting that
he would
evict them as part of a "ghetto beautification
project."
A federal housing discrimination complaint filed by
the local chapter of
the National Association for the Advancement of Colored People
produced no
charges against White, who continued to use overthrow.com as a
forum to
comment on race relations both in Roanoke and across the country.
White said Tuesday that his reliance on credit cards
had nothing to do with
his financial difficulties, which he attributed to medical bills
of more
than $130,000 from the recent hospitalization of his wife and
newborn
daughter.
"We're just reorganizing some debt," he said.
"The property is certainly not underwater. We
have plenty of money in it,
but we just had a temporary cash crunch."
White said he has been planning for some time to sell
his rental homes. He
said the bankruptcy proceedings should have no effect on his home
construction business or on his role as leader of his neo-Nazi
organization.
Although White discounted the role that credit cards
played in his
financial difficulties, a list of his 20 largest unsecured
creditors in the
bankruptcy filing includes more than $52,000 in credit card debt.
White said he has paid off the credit card used at the
start of his
business.
As assets, White listed 13 rental properties on
Chapman and Patterson
avenues with a combined value of more than $1.3 million. He also
listed
about $565,000 in personal property, the bulk of which he said
came from
his interest in White Homes and Land. The remaining seven rental
properties
are listed in the name of White's company and were not included
in his
personal bankruptcy.
Another section of the 70-page bankruptcy petition
contains evidence of
White's cash-flow problem: While his business grossed about
$550,000 in
2007 and $541,000 in 2006, income to date this year was listed as
just
$78,797.
White's financial problems come at a time when his
neo-Nazi activities have
been getting more attention.
In perhaps his most publicized controversy, White used
his Web site in
August to post the names and addresses of the defendants in the
Jena Six
case, a racially charged assault proceeding in Jena, La. Next to
the black
defendants' contact information, White posted the words:
"Lynch the Jena 6."
Although the FBI said at the time it was investigating
White's actions, no
legal action has been taken against him in connection with the
Jena Six
case.
More recently, White tangled with lawyers involved in
a housing
discrimination case in Virginia Beach. After White inserted
himself into
the case -- sending racially charged letters to black tenants who
had sued
their white landlord -- lawyers for the plaintiffs asked a judge
to impose
sanctions against him. The judge has yet to make a decision in
that case.
Regardless of what happens to White in bankruptcy
court, Potok acknowledged
that it will likely have little influence on his penchant for
posting nasty
and Nazi-inspired views on the Internet.
"My guess is that Bill White will continue to try
to be a player in the
movement," Potok said, "because he has an ego as large
as the planet."
******************
Footnote from Donaldo -
Date: 6/20/08 4:35 PM
Subject: P1/QOD/Pravda Bill Joins Linder in Chapter 11
Brother Zionist:
Put the Jew Mark Potok in for QOD for:
"My guess is that Bill White will continue to try to be a
player in the
movement, because he has an ego as large as the planet."-Jew
Mark Potok
Further, the Jew didn't say how he likes his home
address being posted on
Pravda Bill's website. This Jew is one of the first who should be
sent
home to Israel. We Zionists could do him proud.
We Rastafarians could really help Pravda Bill's Ghetto
beautification
project. I am hoping to win him over on the Shining Path to
Africa.
DEP
Z R
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