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welcome to Arkansas Mr. Ford
Posted:
Sat Jul 06, 2013 10:44 amby mrydel
Saw that Gerald Ford's bank group has purchased Metropolitan Bank in Arkansas. I wish he and his group luck in rebuilding a once prospering local bank that has been in some difficulty in the past few years. I look forward to their entrance into Arkansas banking and competing with them in the market.
Re: welcome to Arkansas Mr. Ford
Posted:
Mon Jul 15, 2013 9:15 pmby Alaric
mrydel wrote:Saw that Gerald Ford's bank group has purchased Metropolitan Bank in Arkansas. I wish he and his group luck in rebuilding a once prospering local bank that has been in some difficulty in the past few years. I look forward to their entrance into Arkansas banking and competing with them in the market.
They won't be making many loans, just buy and cash cow their acquisitions
Re: welcome to Arkansas Mr. Ford
Posted:
Mon Jul 15, 2013 9:56 pmby mrydel
It will be interesting to watch. They bought it very cheap but they are having to put in a lot of capital. Do not know how Mr. Ford operates, but if he wants someone to give him 2 good years I would be interested in talking to his people.
Re: welcome to Arkansas Mr. Ford
Posted:
Tue Jul 16, 2013 9:44 amby Junior
mrydel wrote:It will be interesting to watch. They bought it very cheap but they are having to put in a lot of capital. Do not know how Mr. Ford operates, but if he wants someone to give him 2 good years I would be interested in talking to his people.
would that be two straight good years, or would you be looking for two good years out of five?
Re: welcome to Arkansas Mr. Ford
Posted:
Tue Jul 16, 2013 10:22 amby mrydel
Oops, you got me. Guess I should now say I whether I am where I am now or elsewhere, no one is getting more than 2 years out of me good or not.
Re: welcome to Arkansas Mr. Ford
Posted:
Wed Sep 11, 2013 12:23 pmby mrydel
Well I have found the money for the IPF. Bankruptcy Court held an auction for Metropolitan Bank and Mr. Ford was outbid for purchase by a local Arkansas bank. Guess I will not be able to see him operate here but it does free up some money he was going to spend.
Re: welcome to Arkansas Mr. Ford
Posted:
Wed Sep 11, 2013 4:02 pmby RGV Pony
Arvest outbid him?
Re: welcome to Arkansas Mr. Ford
Posted:
Wed Sep 11, 2013 5:14 pmby mrydel
Simmons Bank outbid him, and Arvest.
Re: welcome to Arkansas Mr. Ford
Posted:
Thu Sep 12, 2013 11:16 amby blackoutpony
mrydel wrote:Well I have found the money for the IPF. Bankruptcy Court held an auction for Metropolitan Bank and Mr. Ford was outbid for purchase by a local Arkansas bank. Guess I will not be able to see him operate here but it does free up some money he was going to spend.
Indoor Practice Fordcility has a nice ring to it
Re: welcome to Arkansas Mr. Ford
Posted:
Mon Sep 23, 2013 5:03 pmby sponygirl
mrydel wrote:It will be interesting to watch. They bought it very cheap but they are having to put in a lot of capital. Do not know how Mr. Ford operates, but if he wants someone to give him 2 good years I would be interested in talking to his people.
I worked with Jerry 20 years ago before he made the billions. He was a class act back then and I can't imagine him changing.