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Re: jaxstraw post# 757

Sunday, 01/13/2013 11:55:31 AM

Sunday, January 13, 2013 11:55:31 AM

Post# of 860
First Place Financial Corp owes about $73 million to TARP from 2009 so they are still not 'debt free'.

After looking through court documents. First Place Bank Debts are all paid by Talmer . The Tarp money went to the First Place Bank not to First Place Financial Corp.
I will have to dig through the sections and post them.
Otherwise the Judge would not approve the Sale of First place bank.
Unless you can post what document states that after the Sale of First Place Bank. First Place Financial Corp would pay First Place
Banks Tarp money of $73,000,000.

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