Today is a day of reckoning let the weak be strong, let the right be wrong

More off the Coconut Telegraph

-Ivy Anderson resigned the day before this all went down (I had the chance to work with her on a few things when she was the CFO at Alliance; I’m not a fan of hers at all)

-Sandi Sigg knew of this at least a couple of days in advance, but didn’t even tell a soul until late Tuesday night/early Wednesday morning (I heard the Sac Region President Mary Lou Oaks wasn’t notified until very late Tuesday).

-As of 7:30 PM last night, no final checks with any type of wages were issued. It looks like they worked for nothing for the past two weeks.

If this is the case and you’re in California, here’s something else off the Telegraph:

This just in from Mark Simpkins, who represents some Alliance ex-employees.

He will probably be expanding the lawsuit to include LFC, Investors, and Financial. All former employees should file a wage claim with the State as soon as possible. Here’s the Link: DIR Once they do that, they will automatically be included in the State’s lawsuit, and will receive e-mails updates from Mr. Balter. They don’t need to contact him unless he asks them to do so.

This will work for any now ex-employee of Financial Title Company, Lender’s First Choice or apparently Investor’s in the State of California who was not paid wages, vacation or commission earned.

OldTitleGuy sent me this little gem this morning.

mercury-v-fatco-counter.pdf

In case you missed the original filing…

mercury_v_first_american.pdf

Now if anyone would like to play a round of “Find the missing $37.3 million Dollars” we’ll be choosing up teams later on today. Maybe Skippity would like to captain Team Ice Cream?

Be sure to check out the Radical. She occasionally scoops me and she got me this morning on bounced LFC checks to the notaries. Ouch mon!

Did the Bloodless Empire finally block my ass? That’s what I’m hearing. What a bunch of cry babies. Sorry, your Kool-aid wasn’t my flavor. That’s ok, I come in nice and clear on your home machines, and then you can get the videos too. It’s not like I posted a photoshopped picture of Park Kennedy and a Las Vegas show girl or anything.

showgirl1.JPG

Now, you can block me.

Forever trusting who we are, and nothing else matters

The Bloodless Empire’s Q2 results remain “preliminary”:

At the end of last week, the company became aware of circumstances surrounding an investment held by First American Title Insurance Company (FATICO) in a title agent that may cause the investment to be impaired. The company is currently evaluating whether to impair its $37.3 million carrying value; however any impairment will not impact FATICO’s statutory surplus. The final determination with respect to any impairment will be reflected in the company’s Form 10-Q for the quarter ended June 30, 2008, which it expects to timely file. Consequently, the results presented in this news release are preliminary.

Anyone want to hazard a guess as to what agent FATICO has  $37.3 million sunk into that might be impaired? I think we have the answer to our question.

Net income per share $.45.

The split is on terminal hold.

Look at your lipstick, all ’round your face, everything you do, is in bad taste

I have to say, yesterday was the single most insane day since I started this site. Generally, the way things go around here, I post once a day on PBE. Sometimes I have to look around for something to write about. Those of you who have been here a while know that I’ve come dangerously close to having to flash the girls for lack of content. Yesterday, I couldn’t pump the content out quick enough. There are some jewels down in the comment section. We had almost 100 times the amount of readership yesterday that usually comes in here daily. I’d like to welcome all the new visitors and new users. I think you’ll find that we have a grand time here. And some real players stop by too. Nudge, nudge, wink, wink.

Speaking of players, a gentleman wrote me yesterday who is working on a case against Alliance Title Company. They are looking to make the connection that the wages are due from Mercury Companies. Mercury is trying to lay it in Alliance’s lap along with all the other debt stacked up in the BK case. If you have wage statements (that is the thing you print out from Lawson showing your gross pay, deductions etc.) from your Alliance days that shows Mercury at the top (which I think they all did), please contact:

Mark B. Simpkins
11 Golden Shore, Ste. 430
Long Beach, CA 90802
Tel. (562)436-9631
Fax. (562)436-1467

If you are aware of mortgage fraud that occurred in any particular office, I can hook you up on that one too. Please contact me offline for that one. My contact information is on the “Are you going to eat that?” page, the link is to the left.

If you are one of the poor schmucks that lost their jobs yesterday, I’m sorry. I’ve lost my job twice now, I feel your pain. I hope you were able to shove some away in the bank before this happened. I linked back to some of our discussion from when Alliance Title Company went under. Things you can expect from Mercury Companies now:

  • Nothing
  • Absolutely nothing
  • Bupkiss
  • Nil
  • Nada

If you’re in California, this might be helpful. David Balter is the attorney with the Labor Commission who filed a $21 million dollar suit against Alliance Title Company for wages, vacation pay, and commissions that were not paid. It is illegal in the State of California to not pay wages, vacation pay and commissions due to employees. I’ve looked all over and I can’t find David Balter’s contact information or the copy of the case. I did find the deed to Patty’s mountain house…

Click me! Click me!

And the Alliance bankruptcy petition…

alliance.pdf

And the Alliance cease and desist from the DOI…

atc-002.jpgatc-001.jpgatc.jpg

If you’re in Texas or Arizona, I’m not sure where you need to go. If someone could send me that info, I’ll throw it up here.

If Patty Hauptman really resigned yesterday that makes things kind of interesting. She is so morally corrupt that there has to be a personal gain in there for her, so it’s our job, gentle readers, to figure out her angle. On first blush, I think Mercury Companies is about to go BK and she’s trying to dodge either responsibility or culpability or both. Possibly an outside source has been brought in to right the ship. I know a guy they were talking to last year to do just this. I just don’t know if that’s what’s happening. Maybe the line of credit failed after Jerry moved the money into an offshore account and their next step is disappearing to a country that doesn’t extradite for financial crimes…but I digress. Actually if I recall correctly, they dumped the private jet last year.

Privately owned corporations are a pain in the ass to penetrate the corporate veil. BTW, I went through the entire Annual Report for the Bloodless Empire yesterday trying to find their interest in Mercury Companies and couldn’t find it. I’m sure they have a piece of it, it’s just well hidden. They mentioned a financial interest in numerous subsidiaries that were not individually named.

My big ten inch

A couple of days ago, I picked Zuckzilla.

7-28-zuc.JPG

I decided to stuff it due to it’s size. I would of course, have to modify a recipe to Body for Life. I settled on brown rice, tomato, a touch of panko bread crumbs and egg white as a binder. I didn’t have any rice in the house so I went down to Trader Joe’s to pick up rice and tomatoes and a couple of other things. Really a quick little trip. I came home to this:

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In my defense, I did not kill my dog last night, although she certainly deserved it.

Ride, Captain Ride

Tuesday I stopped by the local bike shop and picked up these patches that you put inside a gashed tire. It allows you to inflate the tire tube without it pushing through the gash and rupturing again. Pretty cool shit, although it makes me a little nervous when I inflate to over 100lbs of pressure. Anyway, it is working well so far. I’m still nervous. I carry three tubes with me, so I have plenty of room for screw ups, pinched tubes etc. Rita took a new tube and chewed that up yesterday too. I’m thinking that she doesn’t like it when I go on interviews. Anyway, it was over 90 when I left the house. I took half a bottle of Accelerade with me, just because the ride was only an hour. I had been fooling around with the computer on the bike trying to set the time but now the stop watch isn’t working right so I don’t know my time for yesterday. I did the Ygnacio loop. There was a terrible head wind leaving the house. It was a crosswind on the downhill, so I braked the whole way down and didn’t freewheel at all. I did make it back up in 9:42. Not a land speed record, but decent. I’m going around 40 over the weekend. I’m finding that see sawing these rides works better for my body. I need to get the bike fitted next week. It’s not quite right which is negligible on the shorter rides and insufferable over 60 miles.

Keep those comments and emails coming and I’ll share it with the community. And thanks again for stopping by!