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Riverview Community Bank

Woo - woo. I am the model of a modern banking president.

by: TwoPuttTommy

Mon Oct 26, 2009 at 11:55:11 AM CDT

(Eric Zaetsch at Developers Are Crabgrass posted this one today; he graciously agreed to reposting here at MnPP, in it's entirety - TwoPuttTommy)(EZ's original post updated; link at bottom of second page)

The Mary Kiffmeyer - bank closure story is reported first here, with a follow-up account, here.

I want an investigation. The rationale for wanting detail of the failure of Riverside Community Bank, headquartered in Otsego with an Anoka branch, to be fully investigated is basically that one might infer the Pawlenty appointed Commerce Dept. boss had a neck problem from looking the other way on this purported "Christian" governed bank, for the last half year or so (or perhaps longer); with Uncle Sugar now (via the FDIC) on the hook for a reported $20 million. What would losses that way have been if the operation was anesthetized and put under a half year ago?  

There's More... :: (0 Comments, 232 words in story)

Star Tribune Reporter: Mary Kiffmeyer's name cut due to "space considerations"

by: TwoPuttTommy

Mon Oct 26, 2009 at 10:24:37 AM CDT

As everyone knows, in this digital age, space is at a premium on the world wide web.  Well, at least it is, over at Strib.  According to Strib Reporter Chris Serres, he originally filed the story containing the reference to Mary Kiffmeyer, but the Keffmeyer connection was cut in order to meet the space limitations of the print story.  Go that?

The Strib won't expand on stories on the web; the web serves to replicate what appears in print - and that policy means that, as Taxpaying Liberal noted here on MnPP, Kiffmeyer's name got scrubbed.

And as Taxpaying Liberal noted, bad news does indeed get dumped late on Fridays in the hopes that the embarrassing story is gone, come Monday.

But, the bad news for Mary Kiffmeyer, is that is NOT going to happen.  Strib Reporter Chris Serres also told me he recived a lot - LOT - of calls and messages over the weekend, and that Mary Kiffmeyer's name will not - NOT - be left out on upcoming Strib stories regarding the failure of Mary Kiffmeyer's  Riverview Community Bank.

It was interesting to note that on today's Strib webpage, the story that was dumped on a Friday is one of the "most emailed" today.

It was also interesting to note that Taxpaying Liberal's story last Friday, here on MnPP, made "Best Of The Blogs" in today's Politics In Minnesota's Morning Report.

And judging by the number of bloggers that wrote about Keffmey's bank failing over the weekend, bloggers won't let this story escape public notice, either.

There's More... :: (5 Comments, 466 words in story)

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