Posted on 10/17/2010 5:47:03 AM PDT by libstripper
The money woes keep growing for a developer of the Ground Zero mosque.
Valley National Bank is suing Sharif El-Gamal and his real-estate company, Soho Properties, seeking $95,778 plus interest for an unrepaid loan. The firm took out a $100,000 line of credit, guaranteed by El-Gamal, from the bank in 2008, but defaulted in early 2009, according to court papers.
A spokesman for El-Gamal declined to comment yesterday.
(Excerpt) Read more at nypost.com ...
I thought Mohammedans were forbidden to borrow money at interest?
100 Grand is chump change to the Saudis.
Maybe this is the answer: No one can come up with money for the Wahhabist.
I thought Mohammedans were forbidden to borrow money at interest?
Also, our side - the right side - is loading these freaks up with lawsuits. They’ll be sorry they ever came up with this evil idea.
“I thought Mohammedans were forbidden to borrow money at interest?”
Only if they intend to pay the loan back.
Just heartbreaking, Huh! Winfrey and Bhar will stomp off again!
A reverse might happen. Build it, they don’t come and it is purchased by a Christian congregation! Just a great thought that would turn the “View” and more to their rants without base knowledge of how stupid they are outside the city limits of NYC.
I’m sure TARP money is in queue to bail him out.
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