After losing approximately $650 million dollars and being shut down almost three years ago by the FDIC, it appears the former Directors of First National Bank Edinburg are skating away with having to fork over a mere $1.5 million as a "Settlement and Release Agreement" was executed in July.
Looks like the only problem now is a stomach ache the directors might have from laughing so hard!
They wont be laffing when this case goes to trial and they get nailed for every penny they worth!!!!!
ReplyDeletenO ONE lauGHING NOW---this CASE IS IN TRIAL!!! The COUNTER may be GONE from this blog, BUT ITS ALL IN FRONt OF THE judge noW. EVERBODY gonna BE TESTIfyinG AND theN IT ALL GOES DOWN!!!!!!!!!!!!!
DeleteSay, settling with Mauro?????? Does that mean his picture's gonna be REMOVED from this blog????? Bet Ken's happy this got settled!!!!!!!!!!!!!! Everybody must've got a lots of money to settle!!!!!!!
DeleteI think these fuckers, just happened to be very lucky. Not because they had high IQ's, it's just that they (FNB top four) were dumb, but the regulators were dumber.
ReplyDeleteI think things are so fucked up, NOT even the FBI can make sense of the stupidity to take it to trial. Furthermore, if there were a case, try presenting this case to a jury of 12 people from the Rio Grande Valley. Where one juror is going to ask another juror "de que chingados estan hablando?".
another round of dismissals in this case how can this be happening????? its serious shit time to quit fooling around and take this case to trial!!!!
ReplyDeleteSomeone got greased under the table for this to go away! Pitty, they had them all they had to do was squeeze their nuts!
ReplyDeleteAs if nothing happened. It's a pity for all those First National Bank employees who lost their retirement. The people at the top of First National Bank are free to carry on to their new bank jobs, oil companies, rental estate projects, etc.
ReplyDeleteAnd all those people that lost their retirement, it's a shame. Those people just don't have the money and/or can articulate well enough their civil case against these fellows.
In my opinion, first and foremost were the employee/shareholders that lost the most.
Nobody, looked out for them. Nobody.
I don't think the FDIC is going to distribute the 1.5 million they will receive from former FNB's top brass to these employee/shareholders.
its a pity that the guy who helped padilla rip off the bank for 8 mil got off as well
ReplyDeleteits a pity that the guy who helped padilla rip off the bank for 8 mil got off as well
ReplyDeleteAlonzo Cantu is across town wanting to top off FNB former executives. So it seems.
ReplyDeleteSeems no one there can talk sense into the man.
Maybe he figures, nothing happened to the FNB idiots, nothing will happen to me.
To whoever posted this, my opinion on this, and solely my opinion, I think LSNB was picked on because of FNB’s mismanagement. Soley talking about banking. I know Mr. Cantu and DHR, gosh, that is totally different animal. I don’t know how anyone can be fully immersed in Healthcare and fully immersed in banking; again Regulators here are failing to ask, so, what are your priorities Banking or Healthcare; and we are going to let Construction slide because we know that is your baby. So three full time jobs; and now he joining event planning, and he is on the Board directing 100,000,000s of dollars in highway construction? What are Mr. Cantu’s priorities?
DeleteAll above is information easily attainable on the internet. And the concern is NOT his dealings. This is a free country and if he is doing everything right; then by all means go and do great. But it is necessary to make sure the FDIC won’t have to cough up anymore money; and that everything is on the up and up to avoid any corruption that could take place. Not necessarily by him, but by any of his employees.
Deletewhy is there an appeal now what happened to trial?????
ReplyDeleteMy opinion. All of this is Bull shit. High crimes never get cauggt. Small drug dealer or drunks go to jail. But if u steal big you get away. Pay tge 1/4 of what you stoled. Just look what happened with ur Elected New President just settled what he stoled from Students. What a shame. I rather have bad emails. Then a BIG WWHITE RAT.
ReplyDeleteThis guy's own a Bank already. The same thing will happen. There is another bigger bank that Laundries Money thru his bank. An just pays the fines.
FBI won't do anything either. Look at our example now with the new Elect President.
Shame on us Tax payers.
when this case going to the jury????? i thought it was going to trial two years ago???? nothing in the sa paper, is danner gone???
ReplyDeleteHey, when dis case going to trial?????? Waz de holdup??????
ReplyDeletehttp://m.mysanantonio.com/business/local/article/Regulators-slam-officials-of-failed-South-Texas-12300345.php
ReplyDeleteNow that Saul Ortega has been barred from banking. Hopefully, the regulators look closely at Texas National Bank’s Board of Directors. Saul owns 30% of Texas National Bank’s and how bad did he taint that TNB Board. One question is who did he allow to be Board Members of Texas National Bank; are they fit to be a Board of Director? Do they have their own money invested in Texas National or did they seek financing to purchase stock? Questions the Regulators should ask, and promptly remove if there happens to be, any unqualified Board Members. To hopefully avoid another FNB type debacle.
ReplyDeleteSo this case is going to trial, soon, right. I mean, the attorneys must be pushing reel hard to get it to trial, yeah????? Time to get this done, get some money awarded!!!!!
ReplyDeleteWant to post here in case someone happens to come across this. Mauro Padilla's son seems to be following in his father's footsteps. He's defrauding people as well. My husband spent the day in court yesterday because he tried writing up a contract on our house to sell to someone. Joe Padilla doesn't own our house and had no rights to it but that didn't stop him from taking $20,000 from a man to sell him my house. You can find is laundry list of court cases at the Bexar County clerk's website. Search for Joe Padilla and Mauro Padilla.
ReplyDeleteDo you wanna buy a foreplex? everyone on this sight has one or two they'll sell you, reel cheep!!!!!
DeleteI see lots o' pictures here and rude things said about people, but I no see any trial??????? Looks to me like all the people named in this blog done been dismissed, except the guy in jail. whatever happen to that guy that was partners with the guy who's in jail? wonder why his photo aint up?? time for this case to go to trial or go away!!!!!!!!!!
ReplyDeletewhen is this ever going to go to trial?????
ReplyDeleteI am wondering when and if this will go to trial as well.
ReplyDeleteI think it did but Patrick Danner doesn't seem to report on this case anymoore and doesn't coordenate with the blogger like he uset to do. I bet nobody got any money or theyd be all braggin on this blog and such. Mebbe they got they money back from they attorneys.
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