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Wachovia takes Gainey to court

Full story: WOOD-TV Grand Rapids and Michigan

Wachovia Bank has taken Wyoming-based Gainey Corporation to court, alleging Gainey owes the bank $238 million.

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Eric

Hudsonville, MI

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#1
Sep 30, 2008
 

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Hey Harv, it's great that you are donating so much money...how about if you pay your bills too...
Jake

Detroit, MI

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#2
Sep 30, 2008
 

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this isnt good my parents work for gainey and if they loose their jobs then we will have no place to live
cdc

Greenville, MI

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#3
Sep 30, 2008
 
time to bankrupt
ghatr

Canton, OH

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#4
Sep 30, 2008
 

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they dont pay overtime either
drd25gr

Grand Rapids, MI

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#5
Sep 30, 2008
 
I worked at a truck driving school in Georgia that had an agreement to train new drivers for Gainey. Gainey was to pay for the schooling. Gainey stiffed them for $25,000 and nearly bankrupted this small family owned school. What goes around...
Bryan

Augusta, MI

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#6
Sep 30, 2008
 
cdc wrote:
time to bankrupt
oh you know that is going to happen
Eki

Olivet, MI

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#7
Sep 30, 2008
 
Its starting
kentwood

Washington, MI

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#8
Sep 30, 2008
 

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I wonder if they will take his name off all of his buildings and ballfields? How about a congressional bailout? Is he friends with Rich Devos? Maybe he can get a loan from him...... He'll probably move from trucking into the flower business... A friend of Barton Watson? Sorry....just couldn't help it. This world never ceases to amaze me. Could this be another big fraud?

Since: Mar 08

Jenison

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#9
Sep 30, 2008
 

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Harvey Gainey has never been known to be a "nice" businessman. Ruthless is the word that comes to mind.

I almost went to work for them 12 years ago, but they kept me waiting for 3 months after the interview, and then expected me to work for a temp agency and take a huge paycut to work for them. When I countered their offer, they said no way. Since my then boyfriend already worked for them, I knew the way they treated their employees, and was glad to dodge that bullet.

Sounds like old Harv's business practices are catching up with him. I feel sorry for the employess, they don't deserve this.

Since: Mar 08

Jenison

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#10
Sep 30, 2008
 
Eki wrote:
Its starting
Huh????
Paul

Byron Center, MI

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#11
Sep 30, 2008
 

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It might be time to sell the spacious pad on Lake Michigan. I hope this isn't all true.
gol

Elkhart, IN

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#13
Sep 30, 2008
 

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Harvey,

I know a GOOD Realtor...... and a GREAT Aircraft Broker..... to help you liquidate!
IGotTheAx2

Kissimmee, FL

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#14
Sep 30, 2008
 

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I worked for them too. Poured my heart & soul into that business as if it were my own. I held that entire family/business in highest regards. I would have given my right arm for them. Get the drift....

Then that fateful day came that changed my life in the worst way. They found a way to fire me for reasons I will not go into because they were all unwarranted. Then when I tried to write a letter to ol' Harv, he was not man enough to respond to me. I thought I could at least get a "real" explanation from him. Not sure if his gate keeper Linda, even got the letter to him.

Well, he had a very good thing going with some extremly good people, but when all the cut and slash started, the business started going downhill too. Well, if any of those top brass in that organization lose their jobs and find themselves out in the street, perhaps they will realize how they destroyed so many good peoples lives.

This couldn't have happened to a better person.

Harv....this is called KARMA. Good luck to you!
Too Funny

Kissimmee, FL

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#15
Sep 30, 2008
 

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Maybe McGlynn could have kept it a float?? Just a thought. I agree about the person who posted that word KARMA. Have fun Harv!
fraud

Colorado Springs, CO

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#16
Sep 30, 2008
 
when you are taking 6 million out of the company annually to support harv and brent jordan and the rest of the family that is criminal. Have fun in New York this christmas
rock

Grand Rapids, MI

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#17
Sep 30, 2008
 
anybody know what happened to that crook Mike Vorce? sounds like his buddy
fraud

Colorado Springs, CO

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#18
Sep 30, 2008
 
philanthropist with the banks money way to go harv an company
fraud

Colorado Springs, CO

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#19
Sep 30, 2008
 
if it was sound business fundamentals your company would not be broke!!!
fraud

Colorado Springs, CO

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#20
Sep 30, 2008
 
sell the pad on lake ?? what about the ranch in montana he bought with the banks money???
Byrongrandma

Port Austin, MI

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#21
Sep 30, 2008
 

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I find it interesting that he gives big bucks to things that list his name on money that he went into debt to borrow and then did not repay and was part of a financial institution collapsing. I wonder how much money he gave to the Republican party? I think they should list this also. I think they should return that also.

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