Southern Bank Popular Bluff Missouri

Gregg Steffins took $10MM of tax payer money that he won’t pay back

It’s O.K. he makes $251K for destroying the bank

Is Greg morally bankrupt?

Southern Bank Popular Bluff Missouri took $10MM in bailout funds which they have yet to repay.

The company has assets of $522MM and equity of $44MM.

The bank had net income of $4MM in FY10, $3MM in FY09 and $3MM  in FY08.

How come they, they haven’t paid back the tax payer funding?

At least Greg Steffins was paid $251k.

Advertisements

Tags: ,

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s


%d bloggers like this: