Your town. Your news. Your take.

Local News: Los Angeles, CA 

 | 

Sign Up

 | 

Sign In

 
Advertisment
Member since:
Mar 14, 2008
Comments:
1

Profile Q & A

Hometown:
Machesney Park, IL

Michael T's Recent Posts

Cook County, IL

Kennedy Homes sues bank

I've lived in a Kennedy home for 15 months without any problems. New 2860 SF home + basement + upgrades for $232K. Damn good value in my opinion. This lawsuit seems ridiculous on the surface. They were lent too much money? Didn't their accountants and lawyers understand the details of the transactions? They didn't realize how much money they actually received and would be required to pay back? If there were accounting errors Kennedy's accountants should have identified them. Fraud? If anything the lenders defrauded themselves by risking more money that may never be repaid.  (Mar 14, 2008 | post #31)

Like what you see?
Create your own Topix Profile