Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Impala64ssa

Well, they’re shafting Immelt’s* R ), Volt loving, Obama loving, double tarp taking GE...GE credit. Maybe they can store the 50,000 Volts GE said they would buy.


8 posted on 03/18/2011 4:18:41 AM PDT by Leisler (Our debts are someone's profit. Follow the money, the vig.....)
[ Post Reply | Private Reply | To 1 | View Replies ]


To: Leisler

1) “Public money troubles seem to chase the Teutul family. During 2007, the family was accused of bankruptcy fraud.”

2) OC Chopper clan accused of bankruptcy fraud

Three members of the Teutul family of Orange County Choppers fame defrauded the creditors of their family’s other business, according to a complaint filed Friday in U.S. Bankruptcy Court.

The complaint accuses Paul Teutul Sr. and his sons, Paul Teutul Jr. and Daniel Teutul, of engineering the fraudulent bankruptcy of O.C. Iron Works Inc. in order to avoid paying the company’s creditors

http://www.recordonline.com/apps/pbcs.dll/article?AID=/20070626/NEWS/706260312

2) “As per the news article published on Nov. 18, 2010, OCC did not actually failed to make its July mortgage payments which are of $96,400 and $14,000; they deliberately did not pay them as a form of deal renegotiation. According to a reputed news source the OCC lawyers said, the Choppers did not make mortgage payments with the aim of putting pressure on the lender to amend the conditions of the loans.”


9 posted on 03/18/2011 5:00:26 AM PDT by WaterBoard ("PBR Street Gang this is Almighty, over..")
[ Post Reply | Private Reply | To 8 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson