Jane Hathaway, foundation director, condor advocate,
figured in Commerce Bank scandal
figured in Commerce Bank scandal
LOS ANGELES [October 18. 1998]
Jane Hathaway, the bank secretary at Beverly Hills’ Commerce Bank who first came to public attention by testifying against and helping convict her boss in the 1972 California Dream banking scandal, died in a Los Angeles nursing home Sunday of complications from cancer at the age of 71.
Hathaway helped convict her long-time boss Milburn Drysdale after his California Dream Landscapes Finance Company and related ventures were revealed as little more than a complicated Ponzi scheme based on fraudulent premises which Drysdale and associates helped devise. She later became an advocate for preserving the California condor also twice sought election as a Republican to the California Assembly.
She was originally a co-defendant with Drysdale, but her attorneys were able to obtain separate trials and won her acquittal. The testimony revealed in her trial helped lead to more charges against Drysdale who was eventually convicted of 27 charges and sentenced to 45 years in prison. Drysdale died at the federal prison in Leavenworth, Kansas in 1977.
After unsuccessful campaigns for the California legislature in 1976 and 1978, Hathaway went to work in 1980 as Executive Director for the Daisy Moses Foundation, which had been founded by J. D. Clampett, the oil mogul who was Drysdale’s primary victim. Clampett, who lost an estimated $30 million and control of Mammoth Pictures as a result of Drysdale’s crimes, had said he never believed Hathaway guilty at all and paid for her “dream team” defense. Hathaway left the Moses Foundation in 1988 to become director of Biddle Bird Watchers Society. Elly May Clampett, J. D. Clampett’s daughter and granddaughter of Daisy Moses, replaced her at the Moses Foundation.
She met the late P. Casper Biddle, the famed condor advocate and founder of Biddle Bird Watchers in the early 1960’s and became a devoted follower. She left the Biddle Bird Watchers after events following Biddle’s 1993 death led to the dissolution of the Biddle Society.
“If it weren’t for such devoted people as Professor Biddle and Jane Hathaway,” there wouldn’t be any condors left here,” said state senator Diane Kong, frequently described as the legislature’s leading condor advocate. ‘That woman was amazing. She should have been a professional lobbyist.”
“She was the nicest and most helpful person I met in California,” Clampett said from his retirement home in Tennessee. I would have never known what that man [Drysdale] was doing to me if it hadn’t been for her and she stopped things before I was wiped out.”
Services are pending. Golden West Funeral Home in Beverly Hills is handling the arrangements.