Gift-giving is a cause of stress for people of all ages. But gift receiving can be just as stressful. Just ask mothers - who are experts at feigning enthusiasm when receiving poorly thought-out gifts.
Crede and his wife, Deborah, co-owner of Missouri Ledge, sued the bank, Fields and Higginsville Branch Manager Don Knehans in 2009, claiming the bankers misrepresented their intentions. In the name of their company, the Credes filed for bankruptcy in 2010.Once in juvenile detention, the boys are separated and warned to keep silent by the real thieves. But a deception by their captors leads one of the boys to rat out his comrades, setting up a series of escalating incidents that lead to tragedy.Plaintiffs' Expert: John Korschott, Kansas City (accounting, economic damages)The Credes calculated how much money the business would need to move at about $850,000 and went to the bank, which gave them the go- ahead, Edgar said. The bank starting loaning money, and Tim Crede started disassembling his machines, which require cement footings and water service for slurry systems to operate. But after lending about $250,000, the bank declined to loan any more money. About 80 percent of Crede's machines were "on the floor" in Lexington, with no footings or water service, when the money stopped, Edgar said.Edgar called the email "pivotal" to the case."I don't think the land and buildings will appraise for 20% higher than $554,000 or $700,000," Fields wrote. "We do not want the equipment.These are the findings of an Ipsos Reid poll conducted in February 2011, on behalf of CCFC. A sample of 527 Canadian mothers was interviewed. Weighting was employed to balance demographics and ensure the sample's composition reflects Census data. A survey with an unweighted probability sample of this size and a 100% response rate would have an estimated margin of error of /-4.3 percentage points.$5.5 million settlement
Contacts: Christian Children's Fund of Canada Philip Maher Director, Communications (905)754-1001 Ext. 215 pmaher@ccfcanada.ca www.ccfcanada.ca
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