Robert A. Ginnaven III | Arkansas news, politics, opinion, restaurants, music, movies and art

Robert A. Ginnaven III 
Member since Jul 12, 2013


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Recent Comments

Re: “Bret and Jen Bielema are ready for Razorback football season

Looks like we've gotten a new hog and a male chauvinist pig.

1 like, 4 dislikes
Posted by Robert A. Ginnaven III on 08/26/2013 at 9:08 AM

Re: “Metropolitan Bank sale documents from bankruptcy filing

MNB's $80 million loss in 2009 was principally due to the excessive loan loss provisions of almost $90 million recognized in 2009. The loan losses recognized in 2009 were improperly bunched into 2009, misrepresenting the Bank's financial condition by overstating the net loss in 2009, overstating net income reported in 2008, and overstating net income reported in 2007. MNB lied about its financial condition to obtain the $25 million TARP which it now seeks to avoid repaying the taxpayers through bankruptcy. Brandon Barber did the same thing. He lied about his financial condition to get a loan. The only difference between Barber and MNB is that Barber is going to jail. MNB's petition for bankruptcy is a sham.

5 likes, 0 dislikes
Posted by Robert A. Ginnaven III on 07/12/2013 at 9:36 AM

 

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