observer

Cornelia, GA

#810 Apr 7, 2013
March 25, 2013
08:24 EDT UCBI United Community Banks' SEC investigation concluded, no enforcement action taken
United Community Banks reported that the SEC has concluded its investigation primarily related to United's deferred tax valuation allowance and no regulatory enforcement action is to be undertaken. As previously reported in its Current Report on Form 8-K filed on May 16, 2012, United received from the SEC's Division of Enforcement a notice of investigation that included a subpoena seeking information relating primarily to United's deferred tax asset valuation allowance, the establishment of which resulted in certain restatements of United's financial statements, and United's 2009 and 2010 goodwill impairment charges.
http://www.theflyonthewall.com/permalinks/ent...
Just a thought

Dawsonville, GA

#812 Apr 7, 2013
To flourish again United will have to move from it's present location's and into new territory. To much hard feeling and resentment in present communities against them. It will also take new directors and the prosecution of some old ones.
observer

Cornelia, GA

#814 Apr 7, 2013
The M0untains V0ice wrote:
<quoted text>

As regards Cathy Cox.... seriously? If you are hinging the banks survival on the fact Cathy Cox has "securities experience", well, they have bigger problems than I thought.
Prior to joining the college, Ms. Cox served as the Georgia Secretary of State. Twice elected, in this role she served as the Commissioner of Securities, overseeing the regulation of the securities industry within the state. She also participated in one of the largest ever national settlements against national investment banks for state and federal law violations. http://www.forbes.com/profile/cathy-cox/

____
She knows a litle about stocks and law. More than the Appalachian bunch.
time to go

Dawsonville, GA

#816 Apr 17, 2013
I have not forgot what they do, up to the top
Local Observer

Blue Ridge, GA

#817 Apr 27, 2013
[3] http://www.huffingtonpost.com/2013/04/17/fore...

Looks like David was right all along in his warnings to us all!!!!
Roxanne

Maysville, GA

#818 Apr 27, 2013
David is correct about a lot that goes on in Union County.
Lamar you listening?
Local Observer wrote:
[3] http://www.huffingtonpost.com/2013/04/17/fore...
Looks like David was right all along in his warnings to us all!!!!
Report Abuse

Dawsonville, GA

#820 Oct 18, 2013
Report Abuse each time you see a post from Mountain Voice aka David Hopkins aka the mv when he promotes his newspaper.
may be illegal

Blairsville, GA

#822 Oct 18, 2013
Report Abuse wrote:
Report Abuse each time you see a post from Mountain Voice aka David Hopkins aka the mv when he promotes his newspaper.
If you're a competitor, the FTC has some laws against boycotting or impeding competition.
just saying

Cleveland, GA

#823 Oct 18, 2013
Report Abuse wrote:
Report Abuse each time you see a post from Mountain Voice aka David Hopkins aka the mv when he promotes his newspaper.
Man are you paranoid or what! What are you afraid of? THE TRUTH!
Hopeful 2

Baldwin, GA

#825 Oct 18, 2013
WOW.....Great Job.....Support the truth.
duncan

Dawsonville, GA

#828 Oct 27, 2013
The M0untains V0ice wrote:
<quoted text>
BANK REPORT: Insider real estate / loan activity
The following is an investigation into a Real Estate Transaction by United Community Bank, Inc.(UCBI / UCBID) Bank Officers: Jimmy C. Tallent (President & Chief Executive Officer), W.C. Nelson (Director), Robert L. Head (Director), and Thomas Gilliland (Secretary & General Counsel).

The Original Report ....... 53 Page Report (PDF) which can be found at the following web page:

http://tinyurl.com/3zax3kr
I wonder if the Newspaper will ever report on investigations of the bank. MV has been reporting on things the paper won't cover for years.
bank sold notes

Canton, GA

#829 Oct 27, 2013
research great oak pool. They bought 121 million in notes from UCB for 81 million. Big foreclosure coming on the lake.
tmv post

Dawsonville, GA

#830 Oct 29, 2013
bank sold notes wrote:
research great oak pool. They bought 121 million in notes from UCB for 81 million. Big foreclosure coming on the lake.
Thank you... that is interesting. It's just everywhere. Nobody but a few of us even know whats going on. When this all finally comes home to roost, my guess is people will be dragging bankers out of their cars. Tax Assessors too most likely. The Property Owners of the world are still picking up the Banks Tabs - and no one even knows it - thanks to the wonderful coverup abilities of Tax Assessor Susie Phillips and those like her.
tmv post

Dawsonville, GA

#831 Oct 29, 2013
PS... ridgetop
Lemar

Toccoa, GA

#832 Oct 29, 2013
All a conspiracy . but can yall prove it ? Ha Ha . I am too smart for yall .
Lemar

Toccoa, GA

#833 Oct 29, 2013
Jeffrie won`t prosecute me and the judges are in cohoots . Ain`t that a HOOT ? Ha Ha .
Just a thought

Cleveland, GA

#834 Oct 29, 2013
It is important to remember that not long ago this bank was taking everything that they could find a way to steal and selling it at 10 cents on the dollar. It appears now that they may with our tax money help manage to survive. What put them in the position they were in was bad management. That management started at the top with Head, Nelson. Cox and other high rollers and went down to the lowest loan officer who slipped signature pages in stacks of paper to transfer security from one thing to another. Every one was covering their ass at the cost of the general public. They were and still are lower than the lowest and people unfortunately will in time forget what they did. Those who are smart will see what was done to their neighbors and friends or to themselves and stay as far away from these people as they can. You can only lose by dealing with them. Their are no winners but the bank themselves. It's a lot like going to a casino. If you play the odds are in the house favor.
Just remember that that smile is nothing but a way of getting their hands in your pocket.
tmv post

Dawsonville, GA

#835 Oct 29, 2013
United Community also holds the paper on the Interest Only Loan that Lamar indebted the County to the tune of $5,105,000. Interest Only Payments till 2015. The Principla and Interest Payments all the way till 2030.

Lamar hid the debt in past County Audits. The Bank profits. You look at everything going on in Union County - and much of it leads back to the bank.

Who's getting special rates on their Property Taxes? The Bank.

Who gets government bailouts? The Bank.

There is a reason that old saying "Follow the Money" is such a popular one.
Just a thought

Cleveland, GA

#836 Oct 29, 2013
tmv post wrote:
United Community also holds the paper on the Interest Only Loan that Lamar indebted the County to the tune of $5,105,000. Interest Only Payments till 2015. The Principla and Interest Payments all the way till 2030.
Lamar hid the debt in past County Audits. The Bank profits. You look at everything going on in Union County - and much of it leads back to the bank.
Who's getting special rates on their Property Taxes? The Bank.
Who gets government bailouts? The Bank.
There is a reason that old saying "Follow the Money" is such a popular one.
They also hold the note on the property bought by the city and Bob Head is the Chairman of the board of the bank and on the DDA also. Anything to screw the public over.
just asking

Dahlonega, GA

#837 Oct 29, 2013
Just a thought wrote:
<quoted text>They also hold the note on the property bought by the city and Bob Head is the Chairman of the board of the bank and on the DDA also. Anything to screw the public over.
seems like a conflict of interest if you ask me

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