City Leader Disagrees with how Federal Agents Handled Taylor Bean
It was an abrupt decision that shocked the community- and left more than a thousand people jobless
Taylor, Bean, and Whitaker, the 12th- largest mortgage broker in the country, announced that it was closing it's loan operations, to restructure it's business.
Monday,the headquarters located on northeast 14th street in Ocala was raided by federal agents.
Tuesday, the federal housing administration announced it was banning the company from doing business with the agency.
Yesterday the company's owner, shut it down.
With barely enough time for the news to even sink in, former employees of Taylor, Bean and Whitaker, carried their belongings to their cars, some, for the very last time.
Jeremy Richards says,
"It's a little cloudy actually, I mean everything happened so fast."
The news came to employees in an email from chairman Lee Farkas.
Ocala City Councilman Daniel Owen says,
"Taylor Bean and Whitaker has been a huge huge part of this community, obviously from a job standpoint, an economic standpoint, and then from a charitable standpoint."
A company that even during tough economic times kept a healthy image-- hiring employees long after other companies stopped.
Margaret Spontak with the workforce connection says,
"We were feeling pretty bullish that things were starting to turn around so this was a huge blow to our staff."
And a huge blow to the unemployment rate, which Spontak predicts will skyrocket.
Daniel Owen says,
"To see the FBI swoop in with flap jackets and guns and stuff, you kind of question are they raiding a financial institution of a house of ill repute?"
Owen says that action makes him question the federal governent's commitment to putting people to work,
"You know with the federal government being more and more involved with the private sector these days, taking over the auto industry, stimulus money that they've used to take over the banking industry suddenly the government is competing with the private sector over some of these things."
The workforce connection held an event to help former Taylor, Bean and Whitaker employees.
- E-mail Sent To Taylor, Bean and Whitaker Employees
- The Quest for Tenants, One Year after Taylor Bean & Whitaker
- Taylor Bean Closing Affects Area Restaurant
- High Springs Police Department Investigations Continue, Some City Officials Disagree
- North Central Florida Leaders Hope to See Federal Stimulus Money
- City of Newberry Unsure How to Manage New Community Center
- Hampton City Leaders Dispute State Audit, as Sheriff Considers Criminal Charges
- City Leaders Tackle Affirmative Action Goals
- Gainesville City Leaders Discuss Ownership of Possible Bio-Mass Power Plant
- Gainesville City Leaders Debate Implementing Fire Assessment Fees