...But Is Banking Commission Already on That Case? The Brown County Commission today voted 4–1 in favor of a resolution brought by Commissioner Tom Fischbach to ask the State Banking Commission to determine whether GOED/NBP/EB-5 scandal figure Joop Bollen evaded…
Posts tagged as “banking”
Word of the day: Capone! Remember how last November I mentioned that EB-5/Northern Beef Packers scandal fulcrum Joop Bollen might have broken the law by lending money without a license and not paying bank franchise tax? I elaborated on that…
Rep. Steve Hickey (R-9/Sioux Falls) continues to fight the payday-loan industry's exploitation of South Dakota's working class. He has threatened to shut the usurers down with legislation and a ballot initiative to cap their interest rates at levels that would…
The items I've posted about the Northern Beef Packers bankruptcy and the doomed slaughterhouse's crazy financing—EB-5 investor money, corporate welfare from Mike Rounds, secret emergency investors, offshore transfers—represent just a fraction of the documents, tips, and questions I've received from…
Bob Mercer puzzles through the deliberately dizzying financials of the EB-5 visa investment program that Joop Bollen privately and secretively administered through SDRC Inc. for the Governor's Office of Economic Development until Governor Dennis Daugaard canceled his lucrative state contract…
Amidst the mind-boggling complexities of the Governor's Office of Economic Development/EB-5 visa/Northern Beef Packers/Richard Benda/Mike Rounds scandal, I find this small kettle of stinky fish. During the first year of construction, Northern Beef Packers made at least three wire transfers…
John Tsitrian, who knows more about high finance than I do, reads the Citigroup-written derivatives bill that Rep. Kristi Noem voted for a couple weeks ago and says, lighten up! Yes, H.R. Bill 992 was crafted by the financial institutions…
Will Huron's turkey plant be drawn into the GOED/SDRC/EB-5 scandal just in time for Thanksgiving? In his solid reporting on South Dakota's newly scrutinized EB-5 visa investor program, David Montgomery notes that Dakota Provisions, the big turkey plant South Dakota…