High-Rolling Pa. Businessman Admits $...

High-Rolling Pa. Businessman Admits $40M Loan Fraud

There are 5 comments on the NBC 10 Philadelphia story from Jun 4, 2008, titled High-Rolling Pa. Businessman Admits $40M Loan Fraud. In it, NBC 10 Philadelphia reports that:

A philanthropic businessman admitted Wednesday that he lied on bank documents to obtain more than $40 million in loans on his jet, Nantucket vacation home and student-loan company.

Join the discussion below, or Read more at NBC 10 Philadelphia.

KELLY

Catasauqua, PA

#1 Jun 4, 2008
wish i was a high roller
Lisa

Burlington, NJ

#2 Jun 5, 2008
What makes this so disappointing is that this intelligent person could have done something good to benefit society and choose the other side.
Fred S

Fort Washington, PA

#3 Jun 5, 2008
Why didn't the reporter mention the defendants connections to/representation by/investment by/ partners in the Pepper Hamilton Law firm in Philadelphia? Conflicts galore for Pepper Hamilton, most likely civil liability as well. Would make a great follow up story...see the WSJ article from Jan/FEb 2007.
McCain Bush 3

Huntsville, AL

#4 Jun 18, 2008
EVERY ANSWER IS YES

Is McCain basically the same as Bush on issues like the war and the economy?

Have Bush/McCain-type Republicans consistently cut funding for the National Flood Insurance Program?

Do Republicans help the rich, with the attitude of “the heck with the Middle Class?”

... Disappearing jobs, but corp. profits near all-time highs
... GAS OVER $4.00/GALLON, other prices doubled in 3 years
... In 2004, 16 oz. of peanuts were about $1.69, now $3.49
... In 2004, a gallon of milk was about $2.09, now $4.69

Between March 2003 and October 2007, did the US military in Iraq purchase more than 4 BILLION gallons of fuel, further driving up gas prices?[ priceofoil.org ]

Have Republicans done basically NOTHING about illegal immigration, because cheap labor helps corporate profits? Does McCain Support “GUEST WORKER VISAS? that allow MORE immigration?”

Are there 34 secret U.S. torture sites around the world?

Are adults and children as young as 14 held by Bush’s Republican government, without any charge filed against them?

Has the Iraq war cost the U.S. over THREE TRILLION DOLLARS ($3,000,000,000,000.00), or about $22,405 for every taxpaying U.S. citizen?

Has irresponsible Bush/McCain-type Republican war spending ruined the value of the dollar, raising the cost of nearly everything?

Do CEOs get gigantic bonuses and severance pay, while average workers get the shaft?

While most people are hurting financially, are YACHTS AND CAVIAR selling better than ever?

Are Republicans the torture, illegal prison, over-spending, war-mongering, rich-fat-cat, CEO-loving, caviar-eating party?

Should Americans send part of their tax rebate to either the Democratic party or to www.barackobama.com ?

Should this posting be copied and re-posted to help defeat the Do-Nothing Republicans?
McCainFATCATS

Huntsville, AL

#5 Jun 20, 2008
Did you vote for:

McCain/Bush $4/Gal. Gas, Foreclosures, Torture, and Naked "Butt" Pyramids in US-run prisons???

Remember the Bush/McCain-style promises of creating jobs and helping the economy? How’s that working out right now for YOUR family?

There are 900,000 HOMES in American are IN FORECLOSURE RIGHT NOW.

This gigantic mortgage mess is happening because of two things:

1. Bush/McCain-style Republicans deregulated the home loan industry to allow all kinds of “funny money” loans, contributing to the problem of 900,000 FORECLOSURES (so far).

2. Republicans have spent about $500 BILLION in Iraq and Afghanistan, ruining the U.S. economy.

Overall, the Bush/McCain-style Republicans aren’t doing so well lately. What could be wrong? Maybe...

*$4.07+ for gasoline and $2.59 for eggs
* Giving our troops tanks without much armor...
* IRAQ PRISON TORTURE AND, AMAZING BUT TRUE: NAKED BUTT PYRAMIDS!
* Providing substandard treatment in VA hospitals...
* Canceling parts of the Constitution (w/ email spying and phone taps). NIXON would be proud.
* Making the U.S. a country that’s known for SECRET PRISONS (and then lying about it).
* Doing NEARLY NOTHING ABOUT ILLEGAL IMMIGRATION because they
want their rich fat-cat contributors to have plenty of cheap labor available.

Also, we can do without Bush/McCain-style fear-mongering that’s being pedaled as “experience” and failed war-mongering policies that have made Iran stronger.

Oh, and they’re the party that preaches to us about their “Family Values.” Then Republicans were caught, again and again, sending sexually-explicit emails to underage congressional pages, having sex in airport bathrooms, etc., etc., etc.

PEOPLE HAVE HAD ENOUGH OF DO-NOTHING REPUBLICANS! IF YOU SENT THEM MONEY BUT DIDN’T VOTE FOR NAKED BUTT PYRAMIDS, MAYBE YOU SHOULD CALL AND ASK FOR YOUR MONEY BACK!

Anyone BESIDES McCain in ’08!

For Far-Right Conservatives:
Libertarian Party – lp.org/
Chuck Baldwin - www.constitutionparty.com/
Ron Paul

For Democrats, Liberals and Moderates:
Barack Obama -... www.democrats.org ... and ... www.barackobama.com
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