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BB&T won't lend for seized land (through eminent domain)
The Charlotte Observer ^
| Jan. 25, 2006
| Amin Applebaum
Posted on 01/25/2006 1:09:08 PM PST by Between the Lines
click here to read article
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To: Between the Lines
To: Between the Lines
also smart business, imagine the liability if they finance seized land and then the case gets reversed.
shareholders would not be happy campers.
To: AppyPappy
As altruistic as BB&T makes this sound, I am sure that it is a good banking decision.
23
posted on
01/25/2006 1:50:57 PM PST
by
Between the Lines
(Be careful how you live your life, it may be the only gospel anyone reads.)
To: Between the Lines
YAY! What a GREAT bank! (The college kids in NC call this bank "Baked Beans & Taters"!!!)
24
posted on
01/25/2006 1:51:28 PM PST
by
HeadOn
(Somebody needs to emphasize W's role to protect us from our "domestic" enemies...)
To: Between the Lines; TaxRelief; Alia; 100%FEDUP; 2ndMostConservativeBrdMember; ~Vor~; A2J; a4drvr; ...
25
posted on
01/25/2006 1:53:16 PM PST
by
Constitution Day
(It's only January, but already I vote the phrase 'culture of death' the most overused of 2006.)
To: B4Ranch
Your link is not working.
26
posted on
01/25/2006 1:53:31 PM PST
by
Between the Lines
(Be careful how you live your life, it may be the only gospel anyone reads.)
To: B4Ranch
I know Tom - he used to be my super.
He's a good man.
27
posted on
01/25/2006 1:57:18 PM PST
by
azhenfud
(He who always is looking up seldom finds others' lost change.)
To: Between the Lines
As a stock holder, I approve.
Who needs money that's that dirty?
28
posted on
01/25/2006 1:57:46 PM PST
by
Spirited
To: Spirited
"
Who needs money that's that dirty?"
Hey, if you'll send it to me, I promise I'll try to clean it up...
29
posted on
01/25/2006 1:59:21 PM PST
by
azhenfud
(He who always is looking up seldom finds others' lost change.)
To: Kidan
As I see it there are three basic reasons for taking this stand.
1. It's the morally right thing to do.
2. It's good advertising. A lot of people are going to love this and banking is pretty competitive.
3. The decision could be reversed or someone may make the judge a better offer.
BB&T could be taking this stand for any one or combination of reasons. I prefer to do business with people who will turn down morally wrong business whatever their reason for doing so. It is not just right, but if they deal fairly with all people, aren't they the ones you want to trust with your money?
30
posted on
01/25/2006 2:00:06 PM PST
by
magslinger
(Stupidity should hurt!)
To: Between the Lines
My car loan is with them. Good stuff.
To: Alia; Huber
An interesting contrast to Wachovia...
To: Between the Lines
I do some work for BB&T (commercial foreclosures and collections) and it is good to see a big company take a principled stand.
33
posted on
01/25/2006 2:14:38 PM PST
by
NCLaw441
Comment #34 Removed by Moderator
To: TaxRelief
Switched all my business to them a few years ago. Feels like I'm doing business with the good folks at Mayberry. Any other bank had made this announcement and I would be surprised. Not with BB&T.
35
posted on
01/25/2006 2:22:39 PM PST
by
doggieboy
(Bush's exit strategy for Iraq is through Iran.)
Comment #36 Removed by Moderator
Comment #37 Removed by Moderator
To: Between the Lines
38
posted on
01/25/2006 2:29:09 PM PST
by
mewzilla
(Property must be secured or liberty cannot exist. John Adams)
To: mr_hammer
39
posted on
01/25/2006 2:33:35 PM PST
by
Calpernia
(Breederville.com)
To: Between the Lines
40
posted on
01/25/2006 2:34:56 PM PST
by
Calpernia
(Breederville.com)
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