rylan1
Active Member
Originally Posted by ScubaDoo
http:///forum/post/2591529
More on NObama's top finance chair Penny Pritzker...Poor Lending Practices and sloppy bookkeepin..and this is NObamas's choice? ..JUDGEMENT
The Pritzkers, one of the nation’s wealthiest families and heirs to the fortune created by the Hyatt hotels, agreed today to pay a record $460 million to the federal government to avoid being punished for the failure of Superior Bank F.S.B., the big savings and loan institution that regulators seized last summer.
Federal officials said the payment, which will be spread out over 15 years, is the largest settlement ever in the failure of a banking institution. The failure itself is one of the largest in the last decade, one that some estimate could cost the government up to $1 billion.
Unbelievable isn’t it? The failure of Superior Bank, based in Hinsdale, cost the F.D.I.C. about $700 million, making it one of the largest federally insured financial institutions to fail in a decade. Regulators said Superior had collapsed because of poor lending practices and sloppy bookkeeping.
He seems to be doing something right. There campaign donations are pretty transparent. And he is running the best managed campaign of any of the candidates. He pays his bills, and even though he has spent much more... his debt is by far the lowest. So lets look at him by his record.. not someone elses... The the thing... people can't find anything on him... so they look at people around him and their past. You can judge someone for someone else's mistakes...
Look at the problems w/ McCain and his handling of his campaign... You have him getting public dollars... than trying to change it after he spent too much... in addition to cheating by using the company jet... so he tries to distance himself from wife's wealth... than uses it as it is convienent to finance his campaign... All rules he broken...rules that he set.
Clinton... $10million in debt and struggling... not to mention all the fundraising scandals they are facing... such as Paul v Clinton.
http:///forum/post/2591529
More on NObama's top finance chair Penny Pritzker...Poor Lending Practices and sloppy bookkeepin..and this is NObamas's choice? ..JUDGEMENT
The Pritzkers, one of the nation’s wealthiest families and heirs to the fortune created by the Hyatt hotels, agreed today to pay a record $460 million to the federal government to avoid being punished for the failure of Superior Bank F.S.B., the big savings and loan institution that regulators seized last summer.
Federal officials said the payment, which will be spread out over 15 years, is the largest settlement ever in the failure of a banking institution. The failure itself is one of the largest in the last decade, one that some estimate could cost the government up to $1 billion.
Unbelievable isn’t it? The failure of Superior Bank, based in Hinsdale, cost the F.D.I.C. about $700 million, making it one of the largest federally insured financial institutions to fail in a decade. Regulators said Superior had collapsed because of poor lending practices and sloppy bookkeeping.
He seems to be doing something right. There campaign donations are pretty transparent. And he is running the best managed campaign of any of the candidates. He pays his bills, and even though he has spent much more... his debt is by far the lowest. So lets look at him by his record.. not someone elses... The the thing... people can't find anything on him... so they look at people around him and their past. You can judge someone for someone else's mistakes...
Look at the problems w/ McCain and his handling of his campaign... You have him getting public dollars... than trying to change it after he spent too much... in addition to cheating by using the company jet... so he tries to distance himself from wife's wealth... than uses it as it is convienent to finance his campaign... All rules he broken...rules that he set.
Clinton... $10million in debt and struggling... not to mention all the fundraising scandals they are facing... such as Paul v Clinton.