Posting time is short for me folks but I have been doing my own thing following some money. Now I want everyone to follow along with me:
New alleged arrangement between Nagin and Lake Forest Plaza owner ~ Hammerman
Solomon owns the graffiti-laced Grand Theatre at Lake Forest Plaza with bankers Ashton Ryan and Alden McDonald. The abandoned stadium-seating theater has been an eyesore since Katrina, even though it got a $5 million federal loan backed by the city, tax penalties waived and a $17 million loan from Lowe’s Home Improvement, which has a store next door.
As we reported exclusively in January, Ryan sent Nagin a letter in 2007 asking the mayor for more corporate welfare — and reminding him about the promises Nagin had made to Solomon and McDonald to help the theater project.
On Friday, we confronted Ryan, who along with Solomon and McDonald, had evaded our questions for over a month. We asked him if he was Businessman A.
Next:
FIRST NBC BANK HOLDING COMPANY ANNOUNCES PRICING OF ITS INITIAL PUBLIC OFFERING ~ Company Press release found via social media
Now the question. After going through the S-1 and 424B4 looking to ascertain the people behind the bank I found this: Continue reading “Excuse me Mr. Chairman, I have a question.”