Articles Written by:    MILES MOFFEIT     

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As shoddy lending deals unravel, New Frontier Bank is a common thread

The pitch was made to a group of San Francisco immigrants packed into a windowless Holiday Inn room over plates of cold chicken and glossy photos of Colorado vistas. Three years ago, Edwin Resplandor was tantalized by the deal: Put down merely $2,500 ...

From MILES MOFFEIT, Denver Post,  14 Nov 2009
Related Topics: Federal Bureau of Investigation,  Jim Barnett (politician),  Jerry Burns,  John Dunn,  Federal Deposit Insurance Corp.

Small-business loan program still bogged in paperwork and hesitance

Ryan Lodwick of Littleton talks with Colin Shattuck, co-owner of Sportique Scooters in Englewood. Shattuck has struggled to get an emergency small-business loan through a federally guaranteed program. Below, a row of Buddy 125s lines the front of ...

From MILES MOFFEIT, Denver Post,  14 Nov 2009
Related Topics: Bill Ritter,  Small Business Administration,  U.S. Congress,  Karen Mills,  Wells Fargo

Shutdown of New Frontier Bank raises oversight concerns

The fact that government regulators detected danger signs in Greeley-based New Frontier Bank's financial practices years before they shut it down exposes broader issues about whether the oversight system is tough enough. In recent years, records show, ...

From MILES MOFFEIT, Denver Post,  30 Oct 2009
Related Topics: FDIC,  Federal Deposit Insurance Corp.,  Barack Obama

CDOT faulted in bias study

The Colorado Department of Transportation failed to ensure that minority-owned businesses received a fair share of state-commissioned highway work in recent years, according to an agency internal draft study. Among the findings of the report examining ...

From MILES MOFFEIT, Denver Post,  24 Oct 2009

Some local experts rip government intrusion on pay cuts; others seek broader solution

Some call it a sensible but poorly executed aim to herd corporate fat cats. Others consider it a heavy-handed government intrusion into the marketplace. The reactions among Colorado business experts to the Obama administration's move to limit lavish ...

From MILES MOFFEIT, Denver Post,  22 Oct 2009
Related Topics: Barack Obama,  Robert Brown

Kersey dairy files for Chapter 11

Another Colorado dairy that relied on now-failed New Frontier Bank for financing is pursuing bankruptcy protection, bringing to seven the number of milk producers in the state this year that have turned to the courts to save their operations. Like the ...

From MILES MOFFEIT, Denver Post,  21 Oct 2009
Related Topics: Federal Deposit Insurance Corp.

Weld DA revisits Broderick's testimony in Masters' case

conviction a decade after Hettrick's murder. Masters, now 38, was freed from prison last year after DNA testing found none of his DNA on Hettrick's clothing. His appeals attorneys also discovered evidence that Broderick and Larimer ...

From MILES MOFFEIT, Denver Post,  21 Oct 2009

Colorado reported as having most Recovery Act jobs

Colorado companies have created more jobs through federal contracts funded with stimulus dollars than companies in every other state, according to the first batch of Recovery Act data. While the number — 4,695 jobs created or saved — may sound ...

From MILES MOFFEIT AND BURT HUBBARD THE DENVER POST, The Vail Trail,  16 Oct 2009

Denver Chamber of Commerce wants tax breaks saved

"We do believe we have a role to play," says Tamra Ward, senior vice president of public affairs for the chamber of commerce. The Denver Metro Chamber of Commerce has delivered a list of business tax breaks to the governor's office that it thinks ...

From MILES MOFFEIT, Denver Post,  13 Oct 2009
Related Topics: Bill Ritter

Tax break spotlights '03 law

A large computer software tax break given to businesses in 2006 avoided broad public scrutiny in part because state law doesn't mandate an analysis of a new regulation's financial impact on the state budget. A state law passed in 2003 requires that ...

From MILES MOFFEIT, Denver Post,  10 Oct 2009
Related Topics: Bill Owens

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