Nation: All the President's Money

While Jimmy Carter's political fortunes have been waning, his financial fortune, which is in a trust managed by Old Friend Charles Kirbo of Atlanta, has been doing just fine. Last week, in a public accounting required by the 1978 Ethics in Government Act, Carter disclosed that he has become a millionaire. With assets of $1.2 million and liabilities of $221,000, including $1,500 in unpaid bills, the President computed his net worth as of Jan. 1 at exactly $1,005,910.25. That was up from $795,357.74 a year earlier, chiefly because of the rising value of...

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