Bob Urosevich

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Biography

Family and early life

AIS founding

Life after AIS

I-Mark and Global

Time at Scytl

Return to US elections

Occupations

Corporations

Controversies

Industry monopolization

2002 GA election

Political connections

Corporate connections

Omaha business community

Some of these business executives have just one or two degrees of separation from the Franklin scandal, but that is not evidence of a connection.

References

External links

Family members

Ahmanson connection

  • How did the Urosevich and Ahmanson families become friends (as an Omaha World-Herald article on ES&S revealed they were)?
  • Background of H.F. Ahmanson & Company / Home Savings of America
    • New York Times, "Investing; ORION: A LOOK AT AN ASSET PLAY", 1981/09/27: "The play hinges on Orion's plan to sell one of its prime holdings, the Bankers National Life Insurance Company, to H.F. Ahmanson & Company, the West Coast holding company for the nation's largest savings and loan association, Home Savings. [...] ANOTHER matter is that Ahmanson has the option to pay $25 million of Bankers' price in Ahmanson stock instead of cash. If Ahmanson does that, Orion will have less cash to work with until it can unload the shares."
    • New York Times, "INVESTING; GAZING INTO THE CRYSTAL BALL FOR 1984", 1984/01/01: "Ray Armstrong, a senior partner at the Starwood Corporation, a firm that manages private and pension fund money, including President Reagan's blind trust, is more optimistic about the year. He said he expects the Federal Reserve to panic before the end of March and take measures to lower interest rates. The result, he said, would be increased earnings among interest sensitive companies, including banks and insurance companies, and higher foreign sales among drug companies and others that have been hurt by the strength of the American dollar. A stock favored by Mr. Armstrong is Ahmanson (H.F.) & Company, the holding concern for the California-based Home Savings, the nation's largest savings and loan. He expects Ahmanson shares, currently trading at about $30, to rise to the $40-a-share range this year."
    • SFGate, "Home Savings President", 1996/04/18: "H.F. Ahmanson & Co., parent of Home Savings of America, named former First Interstate Bancorp Vice Chairman Bruce Willison as president and chief operating officer. Willison headed First Interstate's California banking operations and took a severance package following the bank's takeover by Wells Fargo & Co. Willison, 47, replaces Fredric Forster, who resigned from the Irwindale (Los Angeles County) S&L last week because of differences with Chairman and CEO Charles Rinehart."
    • United States Court of Appeals for the Federal Circuit, nos. 05-5141, 05-5179: CAROLINE HUNT TRUST ESTATE v. UNITED STATES, decision, 2006/11/16: "In Home Savings, Home Savings (“Home”), a wholly-owned subsidiary of H.F. Ahmanson & Co. (“Ahmanson”), acquired 17 thrifts in four transactions at issue in the appeal.  399 F.3d at 1344-45.   Each transaction was memorialized in an assistance agreement.  Id. at 1345.   The “Florida/Missouri” and “Illinois/Texas” Assistance Agreements contained integration clauses that included FHLBB resolutions and letters issued with the agreements.   The “Century” and “Ohio” agreements also integrated certain resolutions addressed to the transactions.  Id. In each transaction, “Ahmanson sought federal assistance to mitigate the liabilities its subsidiary, Home, was assuming.”   Id. In resolutions and forbearances for each transaction, FHLBB agreed that Home could count supervisory goodwill toward reserve capital and that it would not take action against Home for failing to meet reserve capital.  Id. Even though Ahmanson was not a signatory of the assistance agreements and the agreements contained sole benefit clauses, this court affirmed the CFC's conclusion that Ahmanson was in privity with the government.  Id. at 1348-50.   In Home Savings, we approved the CFC's determination that Ahmanson was a party to a much larger “overall” transaction because the resolutions contained reciprocal promises between the government and Ahmanson.   Namely, Ahmanson promised it would maintain Home's net worth, and the government promised it would provide financial assistance in the form of special accounting treatment.  Id. at 1349.   Furthermore, the court approved the CFC's recognition that Ahmanson was the offeror that initiated negotiations that eventually led to the agreement.  Id. at 1349-50."
  • Savings-and-loan fraud allegations
  • DU thread on the political and financial powers behind election rigging - asks the questions "ABRAMOFF WORKS FOR SOMEBODY. Who sent him off with such free reign? Who is at the top of this whole pyramid? Cheney? Rove? Someone above even them?"; mentions the Ahmansons and Urosevich, as well as auditing firm Deloitte & Touche; raises the question of whether all the information on who is responsible for fixing elections is already publicly available and out there if someone can put the pieces together

Signs of corruption