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eppur_se_muova

(36,258 posts)
Sat Nov 17, 2018, 12:07 AM Nov 2018

As Brian Kemp prepares to take over the GA Governor's Mansion, let us not forget this ....

Brian Kemp’s $800,000 insider loan debt

October 26, 2018 By Regina Willis

During the official start of the Great Recession, many of us were struggling just to hold on to our homes and our jobs.

But Brian Kemp was able to secure more than $2,000,000 in loans from First Madison Bank and Trust in Athens, Ga. What’s unique about these loans is that Kemp is a founding board member and stockholder.

What’s more, it’s clear from a Fox 5 investigative report that the loan terms have been modified over the past decade to give Kemp more time to pay them off. Kemp is benefitting from a sweetheart deal many Georgian’s could’ve used when their houses were being foreclosed on and their retirement savings destroyed.
***
Kemp and his team have defended these loans, saying they are just part of the bank’s regular business practices. But he won’t share the loan terms in order to verify the claim that he received no special treatment.

What’s more, Kemp is facing a lawsuit over a $500,000 loan his company defaulted on.
***
more: https://bettergeorgia.org/2018/10/26/brian-kemps-800000-insider-loan-debt/
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As Brian Kemp prepares to take over the GA Governor's Mansion, let us not forget this .... (Original Post) eppur_se_muova Nov 2018 OP
K&R Solly Mack Nov 2018 #1
KKKemp's win was not unexpected, but Stacey Abrams ran a great campaign. Hoyt Nov 2018 #2
+++ agree iluvtennis Nov 2018 #5
he also won because he was in charge of the election Hermit-The-Prog Nov 2018 #15
I really, really hope we will all get to witness Karma coming around and GoCubsGo Nov 2018 #3
In the afterlife... Cirque du So-What Nov 2018 #4
Let me come with you. iluvtennis Nov 2018 #6
As your career counselor, I give this advice Cirque du So-What Nov 2018 #7
Love it. I'll be preaching your advice to family & friends moving forward. So, true. iluvtennis Nov 2018 #9
Great line....needs to be spread around. nt UniteFightBack Nov 2018 #13
K & R for exposure. SunSeeker Nov 2018 #8
Kemp may, like Trump, come to regret "winning" his election. Midnight Writer Nov 2018 #10
hmmmm why is this info. only coming out now.... diva77 Nov 2018 #11
Kemp's finances have been in the news since mid-June ... eppur_se_muova Nov 2018 #12
good point & thanks for the link diva77 Nov 2018 #14
 

Hoyt

(54,770 posts)
2. KKKemp's win was not unexpected, but Stacey Abrams ran a great campaign.
Sat Nov 17, 2018, 12:35 AM
Nov 2018

She’s exceptional, also proving Georgia is changing faster than I though it would. Abrams likely helped Lucy McBath who won a big one in a previously deep red and hateful district.

KKKemp won because he spent millions to attract ignorant white wing racists, particularly in the primary. But, people are wising up to GOPer junk.

Hermit-The-Prog

(33,321 posts)
15. he also won because he was in charge of the election
Sun Nov 18, 2018, 12:03 AM
Nov 2018

Even Republicans have acknowledge he cheated. His was an attack on democracy itself in order to install himself.

GoCubsGo

(32,079 posts)
3. I really, really hope we will all get to witness Karma coming around and
Sat Nov 17, 2018, 12:36 AM
Nov 2018

kicking this corrupt sack of shit in the ass. Good and hard. The sooner, the better.

Cirque du So-What

(25,927 posts)
4. In the afterlife...
Sat Nov 17, 2018, 01:40 AM
Nov 2018

I'm applying for the job of driving the karma bus. Dispensing karmic justice appeals to me.

Cirque du So-What

(25,927 posts)
7. As your career counselor, I give this advice
Sat Nov 17, 2018, 02:08 AM
Nov 2018

Whenever you tell the truth, it becomes a part of your past. Whenever you tell a lie, it becomes a part of your future.

eppur_se_muova

(36,258 posts)
12. Kemp's finances have been in the news since mid-June ...
Sat Nov 17, 2018, 12:28 PM
Nov 2018

I guess his other chicanery kind of displaced them from the headlines. Creating chaos to obscure their crimes is a Republican specialty, after all.

https://www.11alive.com/article/news/politics/brian-kemp-i-guaranteed-payment-of-past-due-500000-loan/85-564156693

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