???Stamp Farms???

I saw a story on utube last night interveiwing Mike Stamp. He said he started out as a truck driver hauling grain to farming 40,000 acres in 10 years. Also utube clips of his auction. So anyone know what Mr. stamp is doing nowdays??
 
No idea,but Boersen,who bought him out,might be joining him pretty soon,whatever he's doing.
 
Boerson Farms bought up his land leases and his grain elevator when Stamp went out of business, set it up as a 1/3 corp of the Boreson empire.

Just this year Boreson Farms was on the last week of filing ch 11, but another big outfit near there (starts with an L, can't remember) bought out the $150,000,000 debt from CENEX coop (us farmers money) for an undisclosed amount.

Party on I guess!

Stamp let his wife go to jail for the errors they made going from nothing to a big shot in 10 years then back to nothing; last I heard he was planning on doing meetings/seminars on how to set up farm businesses.

I wonder how that worked out for him.....

Paul
 
Zeeland Farm Services bailed out Boersen for the $145 million that he owed CENEX,but the fines and lawsuits keep piling up. He got hit with another 19.5 million just a few weeks ago again. I don't know how ZFS is gonna handle the mounting millions. I can't think they gave him a blank check to just keep paying off more and more as they keep coming in.
 
It takes a lot of $$$$$$$$$$ to run 2 prostocks!!!!---Tee
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stamp's wife did not do prison time for his errors, she hid cash and assets from the bankruptcy courts and spent about 14? months in prison for that error, now out on probation . There are sightings of him (not myself personally)I live in the same community and know his family well enough. I still believe he will do some time when the investigation on his practices have been completed on him and some others.
 
First thing I thought of when I say the heading was that it was a type of farm that gave family work so they could get employment insurance benefits :)
 
Amen Sarge. 'T' bragged about how much he made during the financial collapse. As someone that refused to live in an apartment and also refused to have a 30 year mortgage, I knew then that he had no sympathy for the good people losing their homes and retirement. I have a big fear that he's setting our Country up for a repeat.
 
(quoted from post at 16:16:13 12/14/17) Amen Sarge. 'T' bragged about how much he made during the financial collapse. As someone that refused to live in an apartment and also refused to have a 30 year mortgage, I knew then that he had no sympathy for the good people losing their homes and retirement. I have a big fear that he's setting our Country up for a repeat.

How so? Please explain and educate us unwashed, non-elite masses who see nothing but good on the horizon as the swamp slowly drains? Maybe that's it, "T" is going to build condos on that drained swamp land(?).
 
Okay I have too say something. All of you complaing about "T" need to get over it. If you realy think the "other" choice would have been better you need help. Sorry don't mean to get political but I hear enough politics on the radio in the few seconds it takes to change the station. Realy don't want to see it here either. Sod Buster
 
and somehow this started out as a post about a BTO going under etc etc and again, somehow, it gets turned into a F-ing slam DJT or HC...why cant ya'll get all your political whining out of your system at the coffee shop in the mornings like the rest of the old farts and move on with your life???? Go yell at some kids making to much noise, getting on your lawn, or just wont look up from their dang blasted videa-games, wasted youth!! If you think 1 president is gonna completely ruin your life and just destroy American as YOU see it, then you really dont get it...at all....and you are just as much of the problem as the other side....ill climb off my soap box now
 

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