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popsdenver

(271 posts)
8. Everything old is new again
Sat Aug 2, 2025, 10:42 PM
Aug 2

A Tom Wise CEO of Silverado Savings and Loan type SWINDLE.............Among other criminal things, he and Neil Bush offered savings account interest in the high teens to all his best friends and Uber Rich buddies. They jumped at it, because even if they knew it (he) was a fraud, it was guaranteed by the SLIC?
Silverado, under Michel Wise and Neil Bush (board member) got a bailout by the U.S. Taxpayers of 2 Billion in 1980 dollars.
The first morning of the trial in Denver, the judge threw out the case after the prosecutors spent two years compiling proof of Corruption, not just poor business management. The Denver Federal Judge recused himself from the trial, and they brought up a federal judge from Texas......
Wise, Bush, and none of the other board members paid a penny in fines or spent a single day incarcerated......

Recommendations

2 members have recommended this reply (displayed in chronological order):

MAGAs scamming conservatives. How can they blame Hillary, Obama, and Biden? Norrrm Aug 2 #1
Bannon was one of the biggest fraudsters BumRushDaShow Aug 2 #3
You don't have to pick sides. How convenient. twodogsbarking Aug 2 #2
Send them to the END OF THE LINE ! eppur_se_muova Aug 2 #4
Brant Frost IV and Brant Frost V are like names given to Southern gentleman grifters in Prairie Gates Aug 2 #5
"I see no crime here" - translation of Sgt Schultz's words. Wonder Why Aug 2 #6
AP article with less on screen clutter SouthBayDem Aug 2 #7
ABC used AP's Wire Service and that link was included in the OP comments. BumRushDaShow Aug 3 #13
Everything old is new again popsdenver Aug 2 #8
MAGA is low hanging fruit for grifters. rickford66 Aug 2 #9
there is no end to how stupid these people are Skittles Aug 3 #10
"I gotta wall o' Survival Bean Buckets with monthly fees at the Secure Bucket Bank I'd like to talk ta someone about!" NBachers Aug 3 #11
Perhaps it's time they were educated in how deregulating the federal government really works... EarthFirst Aug 3 #12
It's almost as if the perpetrators knew they could get away with it. mwb970 Aug 3 #14
Not surprised Deminpenn Aug 3 #15
They're the most gullible people to come down the pike. Especially the "Christians." Vinca Aug 3 #16
LOL...Bernie Madoff LIVES!! 16% returns? ROFLMAO! Pffftt..they get suckered by Trump Bengus81 Aug 3 #17
Sheep get fleeced. No surprise. nt MrsCheaplaugh Aug 3 #18
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