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George Bailey

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George Bailey was one of the most renowned criminals of the 1940s. Convicted of misappropriation of funds, manipulation, and malfeasance, he was issued a twenty-year prison sentence in the Pottersville Penitentiary, serving as an example to future executives such as Dennis Kozlowski and Martha Stewart. Bailey is also recognized as being the first court defendant to issue an insanity plea.

The history

Born in 1907 to parents Peter and Ma Bailey in the New York town of Bedford Falls, George Bailey always appeared to be a very honorable, likeable, approachable human being. He reportedly saved the life of his nine-year-old brother Harry, who almost drowned after falling in a half-frozen lake in the middle of winter. However, future reports have also stated that George may have chided his brother to jump into the lake by teasing his brother, referring to him as a scare-baby. George lost all hearing in his left ear that day, for reasons that have been called into question.

Young social activist George Bailey utters his famous line, "I wish Mr. Potter would lose a million dollars"

Despite George Bailey's kind-hearted surface, the FBI began to target him as a potential Communist in the days of the red scare; but the bureau was unable to produce any solid evidence, as most of his clever tactics were extremely subtle.

For instance, George Bailey was suspected of being a strong opponent of capitalism. He reportedly passed on a trip to Europe, a fine college education, and a prosperous career in the Yukon for the sole purpose of attacking the innocent economical exploits of Henry F. Potter, the most successful capitalist in all of Bedford Falls. Clearly, such incredible devotion to a single ideological cause can only be the work of a political extremist.

Regardless, Bailey managed to escape from any legal charges throughout most of the 1930s. It was also during this decade that he married a very susceptible childhood friend, Mary Hatch, who had recently been convinced by George to break up a relationship with her sweetheart, Sam "Hee-Haw" Wainwright. The young couple, having foregone a honeymoon due to another of George's anti-capitalist exploits, moved into a broken-down house in the middle of the town, where they proceeded to rebuild the house into a mansion as Mary gave birth to four children: Peter, Janie, Zuzu, and Tigger.

The crime

George Bailey loses his temper after the authorities learn of his activities

Finally, on December 24, 1946, a bank examiner paid a surprise visit to Bailey's pro-socialist organization, the Bailey Bros. Building and Loan. Upon examination of the organization's financial records, a sum of $8,000 was discovered to be missing from the books. When the bank examiner attempted to question Bailey about the matter, George reportedly dogged the questions and left the building in a violent rage with his business partner, Uncle Billy.

Later that day, Bailey was said to have physically abused his Uncle Billy and verbally abused his wife and children when he returned to his home that night. When Mary Bailey was later pursued for interviews by the major news networks, she issued the following press statement before breaking out into tears:

"I didn't know what was wrong with him that day or what I should do about it. I asked him what was wrong, and he just yelled back at me, "Everything's wrong! Why do we have to have all these kids?" Before I could find out what was the matter, he was knocking over our furniture and throwing paper everywhere. During these events, Peter spontaneously combusted, Zuzu contracted the clap, and Tigger somehow wound up paralyzed from the waist down. He even made our daughter Janie cry, so I told him to leave. And he did. Next time I saw him, an officer was issuing him an arrest warrant. I didn't know what to do."

Shortly after the aforementioned incident, George Bailey disappeared for several hours without a trace. It wasn't until early the next morning that witnesses saw George running down the streets of Bedford Falls, yelling "Merry Christmas" to various inanimate objects, including a movie theater, a local emporium, and a couple of parked cars.

George returned to his home, repeatedly shouted the name of his wife. He burst into the front door, only to be welcomed by the bank examiner, a police officer, and a set of reporters. The officer issued an arrest warrant and slapped handcuffs on the criminal just as Mary Bailey came running into the house. George was hauled away in a squad car as his family was left behind in tears. George was thrown in jail for a number of months before facing trial in the landmark case of State of New York v. George Bailey.

The trial

George Bailey's mug shot

George Bailey was brought to court on Wednesday, July 2, 1947. The state prosecutor, Terry Malloy, served as the plaintiff, even though this proved to be his first and last case for personal reasons. Bailey, unable to afford a professional attorney, was represented by long-time friend, professional police officer, amateur legal advisor, and championship bowler, Burt.

George Bailey was charged with misappropriation of funds, manipulation, and malfeasance as it concerned his affairs at the Bailey Bros. Building and Loan. The first witness called to the stand was Mr. Martini, proprietor of a local tavern.


Burt then called Eustace, a former employee at the building and loan.


Malloy called Violet Bick, once a close friend of George.


Violet having practically sealed the verdict, Burt devised the very first insanity plea in the history of the United States court system. He charged that his client, in a period of mental illness, had claimed to have seen angels the night of the incident. Bailey himself testified on this account. Burt even managed to produce several written testimonies of witnesses who saw George Bailey yelling "Merry Christmas" to a lamppost early on Christmas Day. This ridiculous defense wasn't able to sway the opinion of the judge, however, and Bailey was convicted of all charges and sentenced to twenty years. Upon hearing the verdict, George Bailey replied by yelling at his honor, "Happy Independence Day weekend!"

Is it really a wonderful life?

In 1968, one year after George Bailey was released from prison, a young Steven Spielberg directed a low-budget made-for-TV movie to serve as a biographical account. The movie was mistakenly titled It's a Wonderful Life, with Charlton Heston as the young George Bailey and Marlon Brando as an adult.

The movie was immediately shunned by critics who noted major historical inaccuracies in the story. The movie portrayed George Bailey as a decent, innocent, hard-working American who had been framed – and of course had a typical Hollywood happy ending that portrayed Mr. Bailey as being cleared of all charges before he had even been forced from his home to serve time in prison..

The movie was a flop upon its release, and it lost a great amount of money at the box office. The movie was completely swept aside and forgotten until NBC managed to secure its rights in the early 1990s. The network began to air It's a Wonderful Life every year during the holiday season, and the film quickly became an annual tradition with families unaware of the lies it still attempts to spread.

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