Inside the investigation: Who tattooed Scott Walker’s mortgage on the lot that DMR purchased via the Land Trust

Vital background via Anita Lee can be found here.

The land deal closed 12 days before Scott Walker’s final, lump-sum payment was due on a loan at Merchants & Marine Bank, Jackson County land records show.

Walker had used the property in July 2008 as collateral on a $310,590 loan, which called for monthly payments of $2,775. The balance and all interest payments were due July 25, 2011, although the terms did allow for loan extension or modification.

Tattoo? I heard that word most from investment bankers doing M&A work a decade or so ago. Tatoos are not easily removed, especially those given a bank by a family member to induce the extension of credit to someone that is not otherwise creditworthy enough on their own to nab a $310,590 loan.

Stay tuned.

Let’s chat about the media and Aaron Broussard’s relationship with First Bank and Trust and tie a few things together. Part 1

OK folks it is time to come clean, sort of anyway.  Since late July I have been publishing documents courtesy of my fictional “gabby cousin Slabb O’Leak” that really did not come from him.  😉  Actually some of y’all may have noticed some redactions that are beyond my control but suffice it to say that I have found a literal pot o’ gold of Aaron Broussard personal information, between 80,000 to 90,000 pages of information in fact, including documents like the ones between Broussard and First Bank and Trust that I posted Friday.

I’ll add indeed verily I promise I have every reasonable expectation that there is lots of Goatherder jackassery contained in Slabbed’s Pot o’ Gold and I expect soon to publish full, unredacted versions of the various ownership agreements in ventures Broussard peddled such as La Ferme D’Acadie, Cerro Coyote and perhaps even Rauda House.  Slabbed has learned in the course of its exhaustive and ongoing investigation these documents were previously unknown to the investigative community, a defect I personally cured.

Here at Slabbed the tenets of my investigation follows one rule and one rule only: Follow the money.  Following money plays to my strengths and I have 425,000 reasons to follow the trail in its entirety and frankly I’m content to let the aftermath sort itself out.  Along those lines on Friday we introduced Joe Canizaro to the Slabbed Nation.  Joe is a Biloxi native made good from doing real estate development and is likely a hecto-millionaire somewhere in Tom Benson’s zip code.  Both have papal appearances on their resumes though Benson actually got the pope to genuflect and kiss his Saints Superbowl Ring. Lest I digress because unlike Benson, Canizaro had the power to have Aaron Broussard conduct business for First Bank and Trust on Parish Letterhead.  At the time Broussard was on the Board of Directors of FBT.

But in the course of my inspection of these documents there is another story line that I began developing last month that has since come into very sharp focus and that would be the story of the media, specifically how they handed the then unfolding scandal in Jefferson Parish, the second most populous parish in Louisiana and the most populous of the 7 parish NOLA Metro area.  In particular we examine the TeeVee stations today, which cover events like the Red Dress run in NOLA for charity in-depth, but never have a reporter to spare to cover Parish council meetings. Continue reading “Let’s chat about the media and Aaron Broussard’s relationship with First Bank and Trust and tie a few things together. Part 1”