"...Bradley's supposed nuts-and-bolts accounting shortcomings figure centrally in his effort to secure the dismissal of a $75 million debt to the Federal Deposit Insurance Corp., which grew out of the collapse of the savings and loan industry in the late 1980s, and more than $5 million he owes in connection with a long-standing tax fight with the IRS...."
"...Hathaway's transcribed ruling -- played on page one of the Statesman the day after its filing in district court -- jolted Bradley's creditors awake. The Federal Deposit Insurance Corp., for one, suddenly took a renewed interest in collecting on the developer's debt to U.S..."
"...15, Gary Bradley will turn another year older and deeper in debt. His Chapter 7 bankruptcy lists a number of creditors, but the only true creditors that matter in this case are the biggies -- the Federal Deposit Insurance Corp., and the IRS...."
"...The Business Section: Computer Sciences Corp. has announced its purchase of Virginia-based DynCorp for nearly $1 billion -- a bid to get CSC's fair share of the homeland security pork bag..."
"..."It went pretty much as anticipated," Bradley said after the two-hour meeting. His biggest concern, he added, is the $4 million he owes the IRS and the more than $73 million owed the Federal Deposit Insurance Corp., which is trying to collect on unpaid loans secured nearly 20 years ago from the failed Gibraltar Savings Association..."
"...Voters in Volente and Webberville will get to decide Feb. 1 whether to incorporate their communities...."
"...bankruptcy judge provides an answer, says Ron Ingalls, the bankruptcy trustee whose role is similar to that of a collection agency for creditors. Bradley's largest debt is owed the Federal Deposit Insurance Corp., for failed loans he took out to build the Circle C Ranch subdivision in the Eighties..."
"...They accuse the T.A.B. of using undisclosed corporate funding to pay for the ads, a violation of state law..."
"...Council members Will Wynn and Betty Dunkerley released the long-awaited committee reports from their Mayor's Task Force on the Economy on Wednesday -- examining incentives for corporations, small business needs and keeping Austin weird. More details next week...."
"...A bankruptcy judge has set an Aug. 5 trial date for Gary Bradley and the Federal Deposit Insurance Corp., which is trying to collect on $70 million that the Circle C Ranch developer borrowed but never repaid..."
"...The litigation dragged on for five years, until finally, his appeals exhausted, Bradley was left to face a $53 million judgment in favor of First Gibraltar. In 1994, a company called Talex Investments, apparently headed by Bradley's business associate Hamid Noshirvani, bought some of Bradley's defaulted loans from the Federal Deposit Insurance Corporation for $1 million..."
"...HURWITZ GETS SUED BY FDIC. Earlier this month, the Federal Deposit Insurance Corporation (FDIC) filed a $250 million lawsuit against Charles Hurwitz, the Houston-based CEO of Maxxam Corp., for his role in the failure of United Savings Association of Texas, which costs federal taxpayers some $1.5 billion...."
"... On Wednesday morning, the Finley Company announced that it will lease the Congress street property that includes Las Manitas Avenue Cafe to White Lodging Services Corp., which plans to develop a multistory hotel. The developers' local representative, Richard Suttle, told restaurant co-owner Cynthia Pérez and Dina Flores of neighboring Escuelita del Alma, "We want to work with you and make something cool happen." See "My Migas, My City."..."