Real Estate Developers File $750 Million Claim against BP Oil

Feb 24, 2013 | Posted by: roboblogger | Full story: WebWire

As the Panama City Beach International Airport neared completion in the spring of 2010, dozens of real estate developers were ready to reap the rewards of years of planning in preparation for the biggest real estate boom in Florida.

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Good ole boy

Ellenwood, GA

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#5
Feb 24, 2013
 
Harbin Tar ballin.
ThomasA

Birmingham, AL

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#8
Feb 25, 2013
 

Judged:

3

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Are they going to try to go for a class action and blame BP for the crash in the real estate market nationwide? There are subdivisions and industrial projects all over this country stubbed in and waiting on buyers. Put the blame where the blame lies: Greedy real estate developers who play big games with borrowed money using phantom companies,corporations,and LLCs to hide their personal wealth. Banks should restrict loans to no more than a real estate group can cover with a PERSONAL credit guarantee on PAID for secure collateral. That way,the mansions,yachts ,airplanes,cars,RVs,vacation homes,and other property holdings would be at risk right along with the banks. Also are they going to blame BP for the outrageous insurance rates and everincreasing taxes that have turned buyers away?

Since: Jan 13

Location hidden

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#9
Mar 6, 2013
 
ThomasA wrote:
Are they going to try to go for a class action and blame BP for the crash in the real estate market nationwide? There are subdivisions and industrial projects all over this country stubbed in and waiting on buyers. Put the blame where the blame lies: Greedy real estate developers who play big games with borrowed money using phantom companies,corporations,and LLCs to hide their personal wealth. Banks should restrict loans to no more than a real estate group can cover with a PERSONAL credit guarantee on PAID for secure collateral. That way,the mansions,yachts ,airplanes,cars,RVs,vacation homes,and other property holdings would be at risk right along with the banks. Also are they going to blame BP for the outrageous insurance rates and everincreasing taxes that have turned buyers away?
So true and well said!
We have become a nation of finger pointing when bad business and pure greed results in the demise of our industries in this country. We are in a new era of ecconomics and we are ill prepaired for the changes that come with global financial wows because we have a bad habit of not really caring until if effects us directly! I'm guilty of this and have put more time into reading the true state of our economy and our leading industies and to put it mildly we are up crap creek without a paddle!
Maybe BP could pay our dept off too!
Now You Know

Jacksonville, FL

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#10
Mar 6, 2013
 
Crooks taking money from crooks.
LORAC

Richmond, IN

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#11
Mar 6, 2013
 
ThomasA wrote:
Are they going to try to go for a class action and blame BP for the crash in the real estate market nationwide? There are subdivisions and industrial projects all over this country stubbed in and waiting on buyers. Put the blame where the blame lies: Greedy real estate developers who play big games with borrowed money using phantom companies,corporations,and LLCs to hide their personal wealth. Banks should restrict loans to no more than a real estate group can cover with a PERSONAL credit guarantee on PAID for secure collateral. That way,the mansions,yachts ,airplanes,cars,RVs,vacation homes,and other property holdings would be at risk right along with the banks. Also are they going to blame BP for the outrageous insurance rates and everincreasing taxes that have turned buyers away?
They backdate the ALTA policies this then makes the buyer the seller. Usually three loans and several insurance policies behind the scenes or on side 2 of a record side 1 shows one thing and then side 2 the insurance side they take ur identity and then build you a reputation. They do this with the voting and its in the software they use it does not show up or no one has paid attention but it is (cross parties) or ** or / or basic hash marks and the vendors have allowed the crooks in through robotexts pretty obvious it is in the court records electronically nationwide World Wide.They do propaganda to blame the Government but it is obvious they have intentionally set into place a system in the World Wide Web that is traceable. Been there and you are so right)
ThomasA

Birmingham, AL

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#12
Mar 16, 2013
 
LORAC wrote:
<quoted text>
They backdate the ALTA policies this then makes the buyer the seller. Usually three loans and several insurance policies behind the scenes or on side 2 of a record side 1 shows one thing and then side 2 the insurance side they take ur identity and then build you a reputation. They do this with the voting and its in the software they use it does not show up or no one has paid attention but it is (cross parties) or ** or / or basic hash marks and the vendors have allowed the crooks in through robotexts pretty obvious it is in the court records electronically nationwide World Wide.They do propaganda to blame the Government but it is obvious they have intentionally set into place a system in the World Wide Web that is traceable. Been there and you are so right)
Demand paid-for collaterial equal to amount loaned. Plain and simple!
barbara

Carrollton, GA

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#13
Apr 18, 2013
 
why don't you sue the EAL REASON??? the governments fannie mae, feddie mac and Obama?

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