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Meet Robin Potts, Canyon's CHIEF INVESTMENT OFFICER
Do You Think Robin Potts Was Credible?
Robin Potts, under oath, was asked,
"Was there one deal that you recall in the last 12 years that you were really excited got closed and worked out great for everybody?"
Robin's answer, "I don't recall any offhand."
She went on to testify, "I wouldn't describe deals as being proud of them."
You may want to contact Robin and ask her about her memory issues. How'd she graduate Harvard with this memory?
Gerald Goldman Doesn't Recall If He Said Untrue Things
Gerald Goldman, Canyon's Head of Asset Management, Didn't Recall Whether He Ever Said Anything Untrue to the Borrower
Gerald Goldman Testified Regarding Allegations that Canyon Concealed Evidence and Surprising a Borrower with Lawsuits
Gerald Goldman Refused to Answer Whether He Is Compensated Based on How Much Money Canyon Makes On A Loan
Maria Stamolis, FORMER Co-Head of Real Estate, Testifies
Maria Stamolis Testifies About What Happens to Borrowers After Canyon Sends Them a Deed-in-Lieu of Foreclosure
Maria Stamolis and her team at Canyon Partners Real Estate pressured College Terrace, Packard Square and likely others to sign a deed-in-lieu-of-foreclosure. Watch her explain what that meant!
Maria Stamolis Refuses to Answer How Many Default Letters Canyon Sent to Its Borrowers in the Previous Six Months
Maria Stamolis Refuses to Answer Whether She Is Incentivized to Put Loans in Default
Maria Stamolis Testifies Regarding Inviting a Borrower to Los Angeles While Secretly Filing a Lawsuit Against the Borrower While Sitting in Canyon's Office
Maria Stamolis Explains That Canyon Partners is an Alternative Lender and Not Regulated Like a Bank
Meet Canyon's FORMER Chief Financial Officer, John Plaga
Plaga's Asked: Do Canyon Owners Julis and Friedman Copy Lawyers Regularly as a Shield to Assert Privilege Later? Why Does This Questioning Make Him Laugh?
John Plaga, under oath, was asked whether Canyon owners, Mitch Julis and Josh Friedman, always copy lawyers on their emails so they can claim privilege later, "Are you aware of any protocol which either Mr. Julis or Mr. Friedman or both of them always include lawyers in every email that either of them sends to other Canyon employees? John Plaga responded, "I don't think I can answer that."
Watch an excerpt of his deposition above and download the whole transcript below.
Canyon CFO Testifies about Canyon's Litigation. Wouldn't It Be Nice if People Knew Canyon's Record of Defaults, Foreclosures and Litigation BEFORE Closing Loans With Canyon?
Question: Are you familiar with the litigation history of Canyon and its various entities?
Answer: That's a broad question. Could you be more
specific? I don't know what the question is.
Question: Okay. I was just wondering if you as chief
financial officer are aware of what litigation is or has
been in existence involving Canyon or any of its
entities.
Answer: Yes, I'm aware of litigation.
Question: Approximately how many -- approximately how
many lawsuits are you aware of pending at this time at
Canyon?
Answer: I don't know the number.
Question: Is there a list that would produce such a
number?
Answer: Not -- I don't know.
Question: How long have you been the chief financial officer?
Answer: Since 1997.
Question: Okay. Long time. During that time, do you
know how many different lawsuits Canyon or its entities
·have been involved with?
Answer: No.
Question: Do you know how many entities Canyon has sued
for default or foreclosure?
Answer: No.
Question: Would you have any idea of what that number
might be?
Answer: No.
Question: More or less than 25?
Answer: I don't know. Couldn't guess.
Watch Canyon's Former President Jonathan Roth
Canyon's Former President Started a New Company. Above Is His Website Home Page Published Soon After Leaving Canyon Partners. After Roth's Deposition, the Home Page Was Changed.
Watch Former Canyon President, Jonathan Roth. He Appears Deeply Troubled about Being Asked about the Home Page of His New Company's Website (at left)
When asked, "Would you say that Canyon was also a company that acted 'as a lender committed to the outcome borrowers seek'?"
Rather than simply answer and explain his new company's website,
Roth turned to Canyon's attorney and said,
"If you're not going to object to this line of questioning -- "
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