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blogslut

(38,002 posts)
Tue Oct 23, 2018, 11:56 PM Oct 2018

Brian Kemp owes more than $800,000 in insider loans to bank he helped start

http://www.fox5atlanta.com/news/i-team/brian-kemp-owes-more-than-800-000-in-insider-loans-to-bank-he-helped-start

But, our FOX 5 I-Team has found some of Brian Kemp's companies’ debt is with a bank he helped start and now sits on the board of directors. And, Kemp’s staff didn't answer any detailed questions we asked about the loans.

FOX 5 has already reported of Stacey Abrams $50,000 debt to the IRS. And Brian Kemp is in a bitter lawsuit in which a company claims he promised to guarantee a $500,000 debt.

But, we decided to examine some two million dollars’ worth of insider loans Kemp's companies borrowed from a bank he helped start.

It was a financial free fall that America hadn't seen since the 1930's. In 2008 the stock market collapsed. People lost their homes. Massive banks went under. The great recession was underway...


H/T Charles Pierce


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Brian Kemp owes more than $800,000 in insider loans to bank he helped start (Original Post) blogslut Oct 2018 OP
Not to mention he essentially stole $500,000 from some farmers in an investment scheme. Hoyt Oct 2018 #1
did I miss the apocalypse? Hermit-The-Prog Oct 2018 #2
Kick. demmiblue Oct 2018 #3
 

Hoyt

(54,770 posts)
1. Not to mention he essentially stole $500,000 from some farmers in an investment scheme.
Wed Oct 24, 2018, 12:04 AM
Oct 2018

Yet KKKemp says Stacey Abrams can’t manage her own money because she is on a formal approved payment plan for $50,000 in federal taxes. Abrams said she was helping her family during cancer treatment and delayed paying taxes, something legal if keep up with payments. In any event, small potatoes in scheme of things, but KKKemp supporters think it’s just horrible.

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