An outsider's inside moves: the story behind the plaid shirt - and how Lamar Alexander made millions in cozy financial deals.

From: Newsweek | Date: February 26, 1996| Author: | Copyright information

Alexander's folksy 'outsider' presidential persona belies his thirty years of Washington, DC, and Tennessee political service. His net worth rose from $151,000 in 1979 to $3.4 million in '96 on the strength of questionable investments in the Knoxville Journal, an inn, and in Corrections Corp of America.

AMAR ALEXANDER'S PLAID shirts come from Wal-Mart--but the concept came from Bailey Deardourff, and therein hangs a tale. It goes back to 1977 when Alexander, an up-and-coming Nashville lawyer, got the itch to make a second run for governor of Tennessee. He hired Bailey Deardourff and ...

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