Posts Tagged ‘Coleman Report’
Main Street Monday — Recession Rumors Gaining Momentum
April 22, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday — Recession Rumors Gaining Momentum For the last few months, it’s been a wild ride for Main Street. According to the latest CNBC/SurveyMonkey Small Business Survey, it reflects about 53% of small business owners fear a recession is ahead. Due to…
Read MoreFraud Friday — Nik Patel’s 25-Year Fraud Sentence Upheld
April 19, 2019 By Bob Coleman Editor, Fraud Friday Fraud Friday — Nik Patel’s 25-Year Fraud Sentence Upheld The 7th U.S. Circuit Court of Appeals has rejected a bid to reduce the 25-year sentence of the founder of a failed Orlando non-bank lender for his role in defrauding a Milwaukee investment firm of $179 million…
Read MoreColeman Movers & Shakers — Christopher Soupal, Michael Bland, Roger Unger, Jeff Vratanina
April 18, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Christopher Soupal, Michael Bland, Jeff Vratanina, Roger Unger Crestmark Promotes Christopher Soupal to Executive Vice President, President of Government Guaranteed Lending Division “I am pleased to announce the promotion of Christopher to Government Guaranteed Lending Division president,” says Mick…
Read MoreSBA Hot Topic Tuesday — Top Seven Risk Management Considerations from the Latest SBA SOP 50 10 5 (K) Updates
April 16, 2019 By Janet Annan and Joseph Bonin Partner Engineering Contributors, SBA Hot Topic Tuesday Top Seven Risk Management Considerations from the Latest SBA SOP 50 10 5 (K) Updates The SBA recently released its new SOP 50 10 5(K) policy, which becomes effective April 1, 2019. The new guidance and updated changes will…
Read MoreMain Street Monday – Small Business Optimism Levels Power Through Challenges; Remain Strong
April 15, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Small Business Optimism Levels Power Through Challenges; Remain Strong “Small business owners continue to create jobs, expand their operations, and are enjoying strong sales,” says NFIB President and CEO Juanita Duggan. “Since Congress resolved the shutdown, uncertainty has declined as…
Read MoreColeman Movers & Shakers — Jimmy Duran, Jaime Wood, JanCarlos Llach
April 11, 2019 By Bob Coleman Editor, Coleman Movers & Shakers Coleman Movers & Shakers — Jimmy Duran, Jaime Wood, JanCarlos Llach The Bancorp Names Jimmy Duran, Vice President, SBA BDO “The Bancorp Small Business Lending team is dedicated to providing competitive and attainable funding for low- and moderate-income communities,” says Jeff Nager, Executive Vice…
Read MoreFraud Friday — CBS Credit Union Manager Indicted for Embezzlement
April 5, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday — CBS Credit Union Manager Indicted for Embezzlement After looting more than $40 million over 20 years, the former manager of the CBS Employees Federal Credit Union has been arrested and charged with embezzlement. Edward Rostohar faces felony counts of bank fraud…
Read MoreMain Street Monday – Linda McMahon Prepares to Leave Post as head of the Small Business Administration
April 1, 2019 By Mary Miller Contributing Editor, Main Street Monday Main Street Monday – Linda McMahon Prepares to Leave Post as head of the Small Business Administration Effective April 12, 2019, Linda McMahon will step down. There is speculation that she will be supporting President Trump’s re-election fundraising efforts in the private sector. Here…
Read MoreFlash Coleman Report Special Edition — Linda McMahon to Resign as SBA Administrator
March 29, 2019 By Bob Coleman Editor, Coleman Report Special Edition Flash Coleman Report Special Edition — Linda McMahon to Resign as SBA Administrator Reports Politico. It was not immediately clear when McMahon was expected to announce that she was stepping down. McMahon, 70, and her husband, Vince McMahon, co-founded the company that became World…
Read MoreFraud Friday — Credit Union VP Busted for Fraud
March 22, 2019 By Dominic J Bartolone Contributing Editor, Fraud Friday Fraud Friday — Credit Union VP Busted for Fraud A former credit union vice president from Vancleave, Mississippi, pled guilty to theft from a credit union in U.S. District Court in Gulfport. Merideth Christina McMillan, 46, was accused of stealing more than $350,000 from…
Read More