Warm Southern Breeze

"… there is no such thing as nothing."

Posts Tagged ‘bank’

Homeless Veterans: A Rational Perspective

Posted by Warm Southern Breeze on Friday, February 19, 2016

Let’s get some perspective.

The U.S. Department of Housing and Urban Development’s January 2012 annual point-in-time count found that 633,782 people across the United States were homeless, 57,849 of which were veterans.

  

However, Read the rest of this entry »

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Posted in - Faith, Religion, Goodness - What is the Soul of a man?, - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , | Leave a Comment »

David Byrne: #ALpolitics @GovernorBentley’s Consigliere – Part 3, Executive Betrayal

Posted by Warm Southern Breeze on Friday, September 25, 2015

Executive Betrayal – Robert Bentley’s Fleecing of Taxpayers and Donors – Part 3

David Byrne – Governor Bentley’s Consigliere

By Donald V. Watkins
©Copyrighted and Published (via Facebook) on September 25, 2015
Used with permission

Bobby Lowder was the founder, President, CEO & Chairman of the Board of the failed Colonial Bank. During his tenure there, he was widely known as a manipulator, and micromanager of Auburn University, where he was also a member of the Board of Trustees, and donor. During his tenure there, the university experienced many scandals, including use of Lowder's private jet, and his undue influence upon the university president. He was named to be reappointed to the Auburn University Board of Trustees by Governor Bentley, though a a civil lawsuit in the Lee County Circuit Court asserted that Bentley's actions violated Alabama's Open Meetings Act. Under such pressure, Lowder withdrew his name from consideration, served the remainder of his term, and departed. Colonial BancGroup eventually came under Federal scrutiny & investigation for fraudulent practices, and on August 14, 2009, was closed by banking regulators, with all deposits and branches purchased by BB&T.

Bobby Lowder was the founder, President, CEO & Chairman of the Board of the failed Colonial Bank. He was widely known as a manipulator and micromanager of Auburn University, where he was a member of the Board of Trustees, and donor. During his tenure there, the university suffered many scandals, including use of Lowder’s private jet for recruiting an Athletic Director & Head Football Coach that violated NCAA rules. His undue influence upon the university extended even to the university president, who was fired after a No Confidence Vote by the Board of Trustees. Governor Bentley named Lowder to reappointment to the Board after Lowder donated $25,000 to Bentley’s gubernatorial election campaign. A civil lawsuit in the Lee County Circuit Court complained that Bentley’s actions violated Alabama’s Open Meetings Act, and under such pressure, Lowder withdrew his name from consideration, and shortly thereafter, the Alabama State Senate voted him off the board.

On August 14, 2009, federal and state regulators took control of Colonial BancGroup, a regional banking powerhouse based in Montgomery. The seizure of Colonial Bank’s 346 branches and $26 billion in assets made it the sixth-biggest bank failure in U.S. history, the worst of 2009, and the third largest during the credit crisis that plunged the financial markets into turmoil in 2008. Colonial’s collapse cost the Federal Deposit Insurance Corporation $2.8 billion. Colonial’s shareholders lost billions of dollars in stock value. Thousands of bank employees lost their jobs.

David B. Byrne, Jr. David Byrne was admitted to the bar in 1966. He received his B.S. from The University of Alabama and his J.D. from the University of Alabama School of Law. David was a member of Omicron Delta Kappa, Jasons, Beta Gamma Sigma, Phi Eta Sigma, and Phi Alpha Delta. Professional Profile: Assistant U.S. Attorney, 1971-1974 Special Assistant Attorney General, State of Alabama, 1998 - Present Fellow, American Bar Association Fellow, American Board of Criminal Lawyers Fellow, Alabama Law Foundation Member, Advisory Committee on Criminal Procedure, Alabama Supreme Court, 1985 - 1989 Guest lecturer, University of Alabama (Criminal Procedure) Montgomery County Bar Association (President, 1985) Federal Bar Association (President, 1989) Member, Panel I State Bar Character and Fitness Committee Alabama Trial Lawyers Association Listed in The Best Lawyers in America (1991 - Present) United States Army, 1966 - 70, Captain, JAGC USAFR, 1971 - Present Military Judge, Colonel USAF Trial Judiciary, 1993 - Present

David B. Byrne, Jr. was admitted to the bar in 1966. He received his B.S. from The University of Alabama and his J.D. from the University of Alabama School of Law. He was
Assistant U.S. Attorney, 1971-1974, Special Assistant Attorney General, State of Alabama, 1998 – Present; United States Army, 1966 – 70, Captain, JAGC
USAFR, 1971 – Present
Military Judge, Colonel USAF Trial Judiciary, 1993 – Present

Although the public focused on the failed leadership of Bobby Lowder, Colonial’s founder and CEO, it was David B. Byrne, Jr., who was Read the rest of this entry »

Posted in - My Hometown is the sweetest place I know, - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Here’s a bank where Mitt Romney has no money. Ironically, it’s American.

Posted by Warm Southern Breeze on Monday, July 16, 2012

Smack-dab in the heart of rural, working class, coal-mining America.

Oh… the irony!

Read the rest of this entry »

Posted in - Even MORE Uncategorized!, - Lost In Space: TOTALLY Discombobulated | Tagged: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a Comment »

Atlanta Federal Reserve: Southeast employment up in May

Posted by Warm Southern Breeze on Monday, June 18, 2012

Slowly, but surely, the signs that our nation’s economy is improving are emerging.

They’re not rapid, they’re not massive, but they’re there.

And like a trickle that becomes a raging river, it’s beginning to rain.

District employment increases modestly in May

06/18/2012
Payroll employment 6th district 1/11-5/11

Payroll employment 6th district 1/11-5/11

The Sixth District as a whole added 9,000 jobs in May, following 9,600 new payrolls in April, and 18,900 in March, according to the U.S. Bureau of Labor Statistics (BLS). Alabama, Florida, and Georgia recorded payrolls increases while Louisiana, Mississippi, and Tennessee reported payroll decreases. Georgia was primarily responsible for the net positive District increase.

Payroll employment 6th district states 1_11-5_11

Payroll employment 6th district states 1/11-5/11

The District unemployment rate was Read the rest of this entry »

Posted in - Even MORE Uncategorized!, - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , | Leave a Comment »

Banks encourage “short” sales to invigorate economy, public not enthused

Posted by Warm Southern Breeze on Wednesday, May 18, 2011

Our nation’s economy has for years rested upon manufacturing, which has been the “backbone” of any industrialized nation. (Note the phrase “industrialized nation.”) Now that industry has been “out-sourced” to China, India, and other nations with emerging economies, not only has America become dependent upon other nations (not independent), but our national security and standard of living has been compromised.

Thus, banks, insurance companies and stock brokerage houses – who have again been allowed to enjoy their incestuous fiscal orgies because the Glass-Stegall Act was repealed – are forced to invent artificial commercial paper (derivatives, etc., which no one can thoroughly explain) to increase profits. In conjunction with the computer-driven algorithms of auto-traders and futures markets, the risks Wall Street and banks make (upon the backs of the people) are increasingly becoming a veritable “house of cards” built upon shifting sands.

The uncertainty of our economic future is even more precarious, and is no more clearly demonstrated than in this instance, when banks can’t sell houses they own, even after taking significant reductions (losses), and providing incentives for private buyers.

After reading the following news story, consider the implications for our economy. Read the rest of this entry »

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Welcome to our Incestuous Fiscal Orgy

Posted by Warm Southern Breeze on Thursday, December 16, 2010

On June 1 this year, I had posted a photo and commented about it. The following is that commentary. Though the picture is not necessary to support the entry, it served as a malignant source of inspiration. However, if you simply must see the photograph

Welcome to our Incestuous Fiscal Orgy – State Farm Privacy Policy

Text of the area of the note:
Why are we sending you a Notice of our Privacy Policy?

“Federal law permits banks, investment companies, and insurance companies to Read the rest of this entry »

Posted in - Politics... that "dirty" little "game" that first begins in the home., - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , , , | 1 Comment »

WikiLeaks: Insurance Company Internal Documents Show Problems

Posted by Warm Southern Breeze on Tuesday, December 14, 2010

Dear Employees:

It has been brought to management’s attention that some individuals throughout the company have been Read the rest of this entry »

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Wachovia Bank Guilty of Mexican Drug Money Laundering

Posted by Warm Southern Breeze on Thursday, March 18, 2010

For a root of all the evils is the love of money, which certain longing for did go astray from the faith, and themselves did pierce through with many sorrows.” 1 Timothy 6:10 (YLT)

Wachovia Bank officials in Miami plead guilty to federal drug money laundering charges in Miami. As part of their agreement, the bank will forfeit $110,000,000 ($110 Million) and be fined $50,000,000 ($50 Million).

Federal prosecutors with the U.S. Attorney General’s Office, and Drug Enforcement Administration officials found detailed evidence supporting …Continue…

Posted in - Read 'em and weep: The Daily News | Tagged: , , , , , , , , , , , , , , , , , , , , , , , | 2 Comments »

Credit Default Swaps: Why should they be outlawed?

Posted by Warm Southern Breeze on Saturday, March 6, 2010

Credit-default swaps – where you insure your neighbor’s house just to destroy it and make money from it – that’s exactly what we have to curb.”

How dangerous is it for money traders to take bets on, and therefore exploit, a nation’s budget deficit or any other fiscal crisis?

Regarding the quote, if you guessed that Harry Reid, President Obama, Janet Reno, George W. Bush, …Continue…

Posted in - Did they REALLY say that?, - Politics... that "dirty" little "game" that first begins in the home. | Tagged: , , , , , , , , , , , , , , , , , , , | Leave a Comment »

The Banking Industry + Internet Social Networking

Posted by Warm Southern Breeze on Thursday, November 19, 2009

 

Socially retarded geeks

"Um, no... the other cabal of social retards."

 

“Um, no… the other cabal of social retards.”

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