Discuss Detroit » Hall of Fame Threads » Detroit Mayoral Election Super Thread » DEFICITS: Banks sue Hendrix over loan defaults « Previous Next »
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Ltorivia485
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Username: Ltorivia485

Post Number: 2110
Registered: 08-2004
Posted From: 199.74.87.131
Posted on Sunday, October 30, 2005 - 3:39 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

DETROIT – Mayoral challenger Freman Hendrix is making a campaign issue of the city’s current budget deficit, touting himself as the “operations guy,” but he has a few deficits of his own.

Documents obtained by The Michigan Citizen reveal two Michigan banks, Monroe Bank and Trust and Warren Bank, are suing Hendrix and his partners in the Oakland County-based Mulligan Golfing business to collect more than $500,000 in defaulted loans.

The suits were filed in Oakland County’s 6th judicial circuit court against Hendrix and his partners, David H. Fink, David Katz, Dale Jurcisin, and former Wayne County Executive Edward H. McNamara.

“You found some information which is in the public records and you have a right to that information. But we do not release customer information to third parties,” said Mike Irvin vice president and special asset manager at Monroe Bank and Trust.

http://www.michigancitizen.com /default.asp?sourceid=&smenu=1 &twindow=&mad=&sdetail=2271&wp age=1&skeyword=&sidate=&ccat=& ccatm=&restate=&restatus=&reop tion=&retype=&repmin=&repmax=& rebed=&rebath=&subname=&pform= &sc=1070&hn=michigancitizen&he =.com
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Brian
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Username: Brian

Post Number: 3201
Registered: 10-2003
Posted From: 67.37.84.46
Posted on Monday, October 31, 2005 - 10:11 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Likely to be ignored by the Helmut crew. Too close to the election and too hot a topic. Maybe it will just go away. Maybe all of Helmut's dirt will just go away.
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Gistok
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Username: Gistok

Post Number: 1377
Registered: 08-2004
Posted From: 4.229.105.155
Posted on Tuesday, November 01, 2005 - 11:32 am:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

Yawn.... old news....
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Danny
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Username: Danny

Post Number: 3389
Registered: 02-2004
Posted From: 141.217.174.223
Posted on Tuesday, November 01, 2005 - 1:53 pm:   Edit PostDelete Post   Move Post (Moderator/Admin Only)

vague, vague vague!!! Hendrix took care of that.