.jpg)
Site Search
State seeks bankruptcy for troubled Meredith financial firms
Print
Email
Mobile
Reader comments
By MARK HAYWARD
New Hampshire Union Leader
Saturday, Nov. 21, 2009
State officials went to federal court yesterday to force into bankruptcy two troubled Meredith financial firms, claiming that sole shareholders Scott Farah of Financial Resources and Donald Dodge of C L and M have abandoned their businesses.
►Troubled mortgage firm under water
NOTE: This story is no longer part of UnionLeader.com, but remains available in our NewsBank archive. For the full text of a story that is more than 30 days old, please type a keyword and/or the date into the NewsBank form below. That archive excludes Associated Press stories.
|
from September 1989 to the present | |||||||||||||||||||||||||||||||||||
While there is no fee to search the Union Leader archives, a fee will be charged to retrieve the full text of any article in the archives. To retrieve the full-length story you must establish an archive account. The Union Leader archive has a variety of pricing options for purchasing articles.
To allow for flexibility, we offer packages with a variety of expiration times along with single article purchasing.
You will be asked for your credit card information as part of the registration process. Single article purchase = $2.50 You can choose to purchase one article at a time for $2.50 each. The Union Leader also offers a variety of other options for purchasing articles:
| |||||||||||||||||||||||||||||||||||
| Contact Information | |||||||||||||||||||||||||||||||||||
|
Having trouble?
If you have any technical difficulties, either with your user name and password
or with the payment options, please contact NewsBank at 1-800-896-5587 or
unionleader@newsbank.com.
NewsBank will respond within one business day; longer on weekends and holidays. |
All trademarks and copyrights on this page are owned by their respective owners. © 1997-2010.
YOUR COMMENTS
These two must have gone to the Barney Frank School of financing.
I love the part how the state is concerned about its $46,000.00 in examination fees, what ever that is. How much you want to bet the state get's its $46,000.00 before anyone else gets back some of the 23 million?
Investing is no less than gambling yet investing is bad and those who say so want to give us state run gambling. I guess its only good when politicians get the money lost.
- Deb, Derry
This is why I don't invest.
- Larry, Manchester
I'd prefer to see the pictures of these 2 clowns that have abandoned their business while owing the state $46,000 than some low life drug dealer sentenced for 10 years.
- Bryan, Wilton
Who did there books? Any audit in the past two years?
- kg, tilton
"Some investors have demanded direct payment from Financial Resource mortgagees or threatened to take possession of property used to secure the various loans." Hopefully the people threatened have filed formal police reports against these people. These investors did not make the loan to the person personally, they invested the money in the bank.
- Jim, Loudon
NOTE: If you have visited this page before, newer comments may be hidden. Press F5, or hold down the Ctrl key while reloading or refreshing the page. (Another option for Firefox users is the Clear Cache add-on.)