no coincidences

Ft Mitchell, KY

#866 Apr 5, 2012
Really wrote:
<quoted text> earl, Tim and Scott are the only people who have kept this thing afloat and know the business
umm, yea, tim left a couple of months ago and scott left sometime last summer.
The Truth

West Helena, AR

#869 Apr 5, 2012
my name is trayvon wrote:
David Griffin, cotton farmer, Arkansas, USA
David Griffin and his family own 40,000 acres of land in Helena, Arkansas, 30,000 of which is used to grow cotton.
Between 1995 and 2003, Tyler Farms, the operation in charge of the land, received $24,297,994 in cotton subsidies, according to the Environmental Working Group in the US.
The farm group was the biggest recipient of cotton subsidies in America, yet Mr Griffin hardly needs the cash. He lives in a 13,000 square foot, million-dollar home, runs several tractor dealerships and sits on the board of the local bank.
He set up the farm group in 1993. It is organised into a complex web of 66 "corporations" to limit liability and get the largest amount of payments.
It is these farms, rather than smaller producers in the US, that gain the most from the subsidy payments - 60 per cent of growers receive nothing from the government.
All True
The truth too

West Helena, AR

#870 Apr 5, 2012
im not a lawyer either wrote:
BTW - he owns almost 80,000 acres. Yes he has many corporations. His cotton is sold almost exclusively to one buyer for textile and receives more in payment than most farmers. He also has a lear jet. He has multiple homes. He is majority owner in more than one bank. He sits on many boards. he has an ethanol plant. He owns grain companies and seed companies as well as the cotton gins that his renters (cash rent) for his farms must bring the cotton. He has only 6 JD dealerships. He owns a Sea Ray Dealership. He is partners in many automotive dealerships. He has real ASSETS! The point being his assets are real. He has hard assets. It's not all paper.
Yes, he receives subsidies as does Riceland and other major corporations. Yes the article is a year old from when he bought the house from The Eskinds in Nashville. It shows how deep his pockets are. He was funneling money to Chuck and was not in a hole trying to entice investors to buy his part of the company. He took Chuck and his phony books at face value! His mistake - He is mad at himself for these errors in judgement and common sense.
Griffin is all paper. No assets left that aren't mortgaged to the hilt. He borrowed the money he invested with Jones against the equity he had left in his land. He sold the John Deere dealerships because they made no profit. He has scammed the govt out of tens of millions with a crooked subsidy scheme. Glad to see Griff has finally met someone as crooked as he is!
logic

United States

#871 Apr 5, 2012
The truth too wrote:
<quoted text>
Griffin is all paper. No assets left that aren't mortgaged to the hilt. He borrowed the money he invested with Jones against the equity he had left in his land. He sold the John Deere dealerships because they made no profit. He has scammed the govt out of tens of millions with a crooked subsidy scheme. Glad to see Griff has finally met someone as crooked as he is!
At least he knows when to sell something that isn't profitable, looks like he'll have to do it again. I was under the impression that after reading the article posted on him that he got 25 million a year in cotton subsidies and was worth over 100 million dollars?
LisaLee

Anonymous Proxy

#872 Apr 5, 2012
"Griffin is all paper. No assets left that aren't mortgaged to the hilt. He borrowed the money he invested with Jones against the equity he had left in his land. He sold the John Deere dealerships because they made no profit. He has scammed the govt out of tens of millions with a crooked subsidy scheme. Glad to see Griff has finally met someone as crooked as he is!"

I don't know much about book bizness but i do know Ag programs. What Griffin does with farm payments is legal and common. Maybe it shouldn't be but it is. the man is worth more than anyone in this place can dream of.

Now, why can't you focus on the issue at hand. what will happen to all of those big old Caddys?
inorite

Netherlands

#876 Apr 5, 2012
uh-oh. looks like some1 lost a link. cant have ppl losing access 2 infromation...

http://bit.ly/HYw2l9
Ed of EP

Granite City, IL

#877 Apr 6, 2012
I kind of agree with the idea that hiding behind various psuedonyms allows people to say things they would probably not say if there identity were known. I understand both sides of that aregument.
Ed is my name and I feel I know Chuck very well.
Most of you know Chuck was raised in a humble home with a really strong family influence. All of us are created with unique personalities. Chuck has an ego, but don't we all like validation. You may say that you could care less what people think of you, but that's not really true. We all care.
As for mistakes, I'm sure Chuck would be the first to tell you that he has made many. He would not say he is perfect. Chuck would most likely admit that he wishes he had done some things differently in the past few years, or even in the past few months.
A driven person often believes everyone else in their organization is on the same page, but often others struggle to keep up with the speed at which a companyis moving. I do know Chuck looked at hiring good people and often considered how people might perform based on leadership and positioning them within roles that would best fit their personality. That is why most were locals.
Had Chuck been trying to run a scam of sorts, he would most likely not have exposed himself to the community with gifts that draw more attention to him in case a scandal ot improper allegations developed.
I'm not here to judge if Chuck should have built the home he did. Why did you, or me build or buy the homes we have? Did everyone agree with us? I over spent on my home and it's not worth what I have in it. Not a good business move, but I love my home!
I own a business in Sikeston and live in E.P. MO. I'm not related to Chuck, but have known him his entire life. Chuck is driven, always has been. Chuck has always had goals of creating companies that could thrive and in the process, make a lot of money. Everyone one of us wants to earn as much money as possible.
I get the other side of the argument that Griffin apparently is owed millions and wants to be paid. I've read the docs showing the figures that the companies supposedly earned and how much Chuck was supposedly paid. It appears his companies lost money from the information in the documents.
Here is my argument defending lavish spending and lifestyle. Those choices are just that, choices. All of us are trying to figure out how to pay for college for our kids, provide our families with a nice home, having the best transportation we can afford. Chuck did this very well, but the motives for that were not based on greed. It appears Chuck shared with many of his managers and family memebers. As for this being Griffins money: Griffin owns 50 % of all the assets of these companies. Griffin owns 50% of the assets. All liabilities are owed by the companies that Chuck has ownership and mortgaged the properties, receiveables and other assets of these companies to make loans. Griffin is not stupid. Griffin understands business. It appears that Griffin would look at revenues, consider the advantages to investing more based on the increased revenues that would eventually present him with a nice ROI and grow his assets in all the companies associated with Chuck. Griffin did not blindly make decisions to advance 7 million, or 9 million dollars wihtout much due dilligence. He's jsut not that stupid. Banks after the fall fo 2008 also require excessive collateral and do not loan money w/o feeling their loans are safe.
Chuck has an ego. Everyone does. These are Chuck's choices and traits. His family knows this. His workers know this. His bankers know this and Griffin knew Chuck liked nice things. Griffin saw an opportunity to make money and perhaps now Griffin has gotten into a cash flow bind and needs to generate cash and wants out. Chuck may not get all he wants, but Chuck will survive. Business partnerships sometimes go bad. Iv'e been there. It's painful for everyone involved. Have a positive Day!
acknowledge

Murray, KY

#878 Apr 6, 2012
Ed of EP wrote:
I kind of agree with the idea that hiding behind various psuedonyms allows people to say things they would probably not say if there identity were known. I understand both sides of that aregument.
Ed is my name and I feel I know Chuck very well.
Most of you know Chuck was raised in a humble home with a really strong family influence. All of us are created with unique personalities. Chuck has an ego, but don't we all like validation. You may say that you could care less what people think of you, but that's not really true. We all care.
As for mistakes, I'm sure Chuck would be the first to tell you that he has made many. He would not say he is perfect. Chuck would most likely admit that he wishes he had done some things differently in the past few years, or even in the past few months.
A driven person often believes everyone else in their organization is on the same page, but often others struggle to keep up with the speed at which a companyis moving. I do know Chuck looked at hiring good people and often considered how people might perform based on leadership and positioning them within roles that would best fit their personality. That is why most were locals.
Had Chuck been trying to run a scam of sorts, he would most likely not have exposed himself to the community with gifts that draw more attention to him in case a scandal ot improper allegations developed.
I'm not here to judge if Chuck should have built the home he did. Why did you, or me build or buy the homes we have? Did everyone agree with us? I over spent on my home and it's not worth what I have in it. Not a good business move, but I love my home!
I own a business in Sikeston and live in E.P. MO. I'm not related to Chuck, but have known him his entire life. Chuck is driven, always has been. Chuck has always had goals of creating companies that could thrive and in the process, make a lot of money. Everyone one of us wants to earn as much money as possible.
I get the other side of the argument that Griffin apparently is owed millions and wants to be paid. I've read the docs showing the figures that the companies supposedly earned and how much Chuck was supposedly paid. It appears his companies lost money from the information in the documents.
Chuck has an ego. Everyone does. These are Chuck's choices and traits. His family knows this. His workers know this. His bankers know this and Griffin knew Chuck liked nice things. Griffin saw an opportunity to make money and perhaps now Griffin has gotten into a cash flow bind and needs to generate cash and wants out. Chuck may not get all he wants, but Chuck will survive. Business partnerships sometimes go bad. Iv'e been there. It's painful for everyone involved. Have a positive Day!
I think its great to see someone of sense post somethign positive about chuck, I myself cannot get over his arrogance though. I understand people are driven but it only leads to problems in that long run if you think that way constantly. I wish the best for Chuck and his family but i truly believe he needs to be relieved of his bussiness ventures for a while and come back down to earth. He is a smart man but he is not steve jobs, bill gates or any of those people. He has a simple bussiness degree, a great sales personality, and he is intellingent. He would make a great small to medium bussiness owner after he learned to have some humility.
the best thing he could do to restore confidence in the people of murray would be to just admit out loud to everyone he meets that he has learned and changed and made mistakes.
I wish all people good fortune but only accompanied with Humilty!
inorite

France

#879 Apr 6, 2012
oh yeah. this 1 looks like it got lost too. ppl have a right to this info-

http://bit.ly/zdhqsZ
I disagree

Providence, KY

#880 Apr 6, 2012
Ed, my name is Frank. Chuck is not smart sir, he is clever. He may come from a great family but that does not change anything. It is what it is, and wrong is wrong. So why do you and others turn your heads and now try to point a finger at Griffen. 45 million!!! Are you kidding me. I would like to see Chuck make an honest dollar, don't ride coat tails, don't screw ERate, do it on his own with out partners. Then I would clap. But my applause would come many years from now, because wealth takes time, just as it has for every successful person I know. No short cuts, please customers, have them come back... Grow, earn, give, with character. And Ed, who the heck really believes everything they read on here!!! We will all get to see how this plays out
ambers

Paducah, KY

#881 Apr 6, 2012
Heard there were more lay offs today.
Ed of EP

Granite City, IL

#882 Apr 6, 2012
Smart comments Frank. We will all see how it develops and it is bound to not be pretty. My main point remains: Griffen must have done due diligence in some fashion and the revenues have to be very good. We will see. Thanks Frank
RacerBoy

Murray, KY

#883 Apr 6, 2012
ambers wrote:
Heard there were more lay offs today.
There were. Heard an anonymous employee say that they haven't hit bottom yet, more to come.
logic

United States

#884 Apr 6, 2012
I was told truthfully by a current employee of CBR that there have been layoffs but his job was spared. He is looking elsewhere anyway, I believe CAJ should be prepared for an exodus of employees. Wheres the loyalty lol!
ear to the ground

Germany

#885 Apr 6, 2012
I heard today that all accept a few of CBR employees were let go today. One person said it was as many as 100 ppl but that seems like a lot. Either way a lot of ppl lost there jobs this week and there annual pay don't add up to ONE of Chucks house payments or even close to how much got spent on those trees he planted last week. He should be ashamed. Driving around in a 90000$ car after stealing 45 million $ of that mans money. Treaten people like trash to be thrown away while he keeps living the high life. Belongs behind bars.
Obi

United States

#886 Apr 6, 2012
ear to the ground wrote:
I heard today that all accept a few of CBR employees were let go today. One person said it was as many as 100 ppl but that seems like a lot. Either way a lot of ppl lost there jobs this week and there annual pay don't add up to ONE of Chucks house payments or even close to how much got spent on those trees he planted last week. He should be ashamed. Driving around in a 90000$ car after stealing 45 million $ of that mans money. Treaten people like trash to be thrown away while he keeps living the high life. Belongs behind bars.
Welcome to America. You must be new here.
shatty

Florence, KY

#887 Apr 6, 2012
ear to the ground wrote:
I heard today that all accept a few of CBR employees were let go today. One person said it was as many as 100 ppl but that seems like a lot. Either way a lot of ppl lost there jobs this week and there annual pay don't add up to ONE of Chucks house payments or even close to how much got spent on those trees he planted last week. He should be ashamed. Driving around in a 90000$ car after stealing 45 million $ of that mans money. Treaten people like trash to be thrown away while he keeps living the high life. Belongs behind bars.
really? 100 people? Your an idiot.
Just stop

Bowling Green, KY

#888 Apr 6, 2012
Only a few at CBR and most were part-time employees. CBR doesn't even have 100 ppl, so stop the lies. The worst is over...managers are trying their best to salvage the mess this has caused to them and their employees. That Place, at least, is still a good and Positive place to work despite the CAJ troubles.
Typical

Montgomery, AL

#889 Apr 6, 2012
All Chiefs no indians. So typical.. Keep the high profilers!! Someone said Mark and Scott were on the mowers at Chucks, Kenny weed eating, and Chuck was being pulled around the compound by Lori in a wagon. Yes, it was a limited edition Radio flyer with a license play that read CAJ -23.
logic

United States

#890 Apr 7, 2012
Is Justin Pounds still working for CAJ?

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