Bloomberg MCA Article Part 2 Just Dropped
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  1. #1
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    Bloomberg MCA Article Part 2 Just Dropped

    I'm on the wrong side of the industry lol

    https://www.bloomberg.com/graphics/2...naire-marshal/
    Last edited by MCNetwork; 11-27-2018 at 08:38 AM.

  2. #2
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    Quite honestly, this story is starting to seem like a dud. Not that it won’t lead to changes with how COJs are handled in NY state. But as far as dramatically hurting the MCA industry, I don’t see it.

    But **** can change in part 3 & 4. You know one of those parts is focused on brokers.

  3. #3
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    Just noticed that a search for “Yellowstone Capital” in Google really doesn’t bring up much about these stories. That tells me people aren’t linking to the article, thus: there’s little interest.

  4. #4
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    Quote Originally Posted by Mcaprocessor View Post
    There’s no chance that NYC will get rid of its marshals. If it does people will be back to parking at illegal spots all over Brooklyn.
    when did people ever stop parking illegally?


    also part 2 was a snooze fest

  5. #5
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    We know the names of the 3rd and 4th parts - they're on the Bloomberg website.

    Part 3: Rubber-Stamp Justice

    Part 4: Business-Loan Kingpin

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    Quote Originally Posted by Nunya View Post
    We know the names of the 3rd and 4th parts - they're on the Bloomberg website.

    Part 3: Rubber-Stamp Justice

    Part 4: Business-Loan Kingpin
    Must be adding a part 5 on Karen. That’s why she’s so quiet today.

  7. #7
    Quote Originally Posted by Nunya View Post
    We know the names of the 3rd and 4th parts - they're on the Bloomberg website.

    Part 3: Rubber-Stamp Justice

    Part 4: Business-Loan Kingpin
    Part 3 - Probably covers the COJ's again--though seems redundant. Maybe this one will attack the lawyers.
    Part 4 - Probably covers 1st Global/Carl Ruderman

    This has a similar feel to the investigative pieces in the 2010's after the real estate market collapsed. Stories attacking the lenders, brokers, and courts/law firms that churned out foreclosure cases by the thousands. The fall out lead to some tightening in underwriting and legal process (e.g. additional closing docs and requiring banks to produce an original promissory note). In those cases, the issues were sexy because the "victims" were average consumers/families. In this case, the supposed "victims" are business owners, which is less likely to attract the attention of regulators.

    I'm sure the author is on a crusade to crush the MCA industry, but I suspect these stories will add some minor obstacles to the underwriting and legal process.

  8. #8
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    Quote Originally Posted by WestCoastFunding View Post
    Must be adding a part 5 on Karen. That’s why she’s so quiet today.
    She messaged me yesterday and said she's starting her own forum. I'm waiting for the link...
    Archie Bengzon
    Jumpstart Capital
    archie@jumpstartcapital.biz
    www.jumpstartcapital.biz

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    Quote Originally Posted by MCNetwork View Post
    She messaged me yesterday and said she's starting her own forum. I'm waiting for the link...
    Is this a joke? She’ll have a forum where there’s nothing but Karen debating Karen. She’ll end up banning herself.

  10. #10
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    What a boring story. Every couple of years these marshals make the news

    https://nypost.com/2015/06/26/there-...-owed-to-city/
    https://www.nytimes.com/2009/10/04/r...e/04deal2.html

  11. #11
    Quote Originally Posted by WestCoastFunding View Post
    Must be adding a part 5 on Karen. That’s why she’s so quiet today.
    Perhaps you should ask the admin of these boards where Karen is......

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    Quote Originally Posted by Happy Horse **** View Post
    Perhaps you should ask the admin of these boards where Karen is......
    Her profile page is unavailable... Maybe she needed a cooling off period.

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    Quote Originally Posted by Nunya View Post
    Her profile page is unavailable... Maybe she needed a cooling off period.
    Damnit Karen. Knock it off.

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    Quote Originally Posted by Happy Horse **** View Post
    Perhaps you should ask the admin of these boards where Karen is......
    I heard she is in the Ecuador Embassy in London....
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

  15. #15
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    Quote Originally Posted by Happy Horse **** View Post
    Perhaps you should ask the admin of these boards where Karen is......
    I heard she demanded cash-only commissions from Anthony. And Brinks showed up. And now John Tucker is in a dark room with a dimly lit light bulb swinging above his head as he becomes coachable.

  16. #16
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    Quote Originally Posted by WestCoastFunding View Post
    Damnit Karen. Knock it off.
    Fake News! Witch Hunt!
    Kevin Henry
    VP-Business Development
    Seacoast Business Funding, a division of Seacoast Bank
    561-850-9346
    Kevin.Henry@SeacoastBF.com
    1880 N Congress Ave., Suite 404
    Boynton Beach, FL 33426

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    Quote Originally Posted by Happy Horse **** View Post
    Perhaps you should ask the admin of these boards where Karen is......
    i am not convinced that you are not her lol

  18. #18
    Probably John Braun

  19. #19
    Veteran Reputation points: 159120 J.Celifarco's Avatar
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    Quote Originally Posted by SteveDavisSchoolofMCA View Post
    Probably John Braun
    I would say this is a good assumption being he was mentioned in the 1st article
    John Celifarco
    Managing Partner
    Horizon Funding Group

    3423 Ave S
    Brooklyn, NY 11234
    T: (347) 773-3990 | F: (718) 795-1990
    Linkedin: Profile
    Email: john@horizonfundinggroup.com

  20. #20
    Quote Originally Posted by J.Celifarco View Post
    I would say this is a good assumption being he was mentioned in the 1st article
    Rumors in the air says it rhymes with the state capital of VA

  21. #21
    Quote Originally Posted by Michael I View Post
    i am not convinced that you are not her lol
    Really> would Karen post one sentence replies???

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    Quote Originally Posted by Happy Horse **** View Post
    Really> would Karen post one sentence replies???
    true that

  23. #23
    I find it funny how these articles all quote Shane Heskin who was convicted of taping sex with two underage girls.

    https://newspaperarchive.com/syracus...03-1991-p-190/

    ShaneHeskin.jpg

  24. #24
    Quote Originally Posted by ZootSuit View Post
    I find it funny how these articles all quote Shane Heskin who was convicted of taping sex with two underage girls.

    https://newspaperarchive.com/syracus...03-1991-p-190/

    ShaneHeskin.jpg
    He was in high school just like the girls so big woop. Would've been something if he was significantly older.

  25. #25
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    Quote Originally Posted by Mcaprocessor View Post
    Who’s the Business Loan kingpin?
    richmond

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