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Old 08.01.2009
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Gainey income questioned
Gainey income questioned
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The head of Gainey Transportation Services in Grand Rapids, MI, collected millions in salary and dividends as his company was sliding into bankruptcy, according to a new report.

The Grand Rapids Press reports that, in one instance, Harvey Gainey took a $10 million dividend when he refinanced more than $170 million in company debt.

The report, which was compiled on behalf of creditors in the bankruptcy case, also contends that Gainey’s annual salary was two to four times higher than the industry standard.

The newspaper said neither Gainey nor his attorney could be reached for comment.

Gainey income questioned
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Old 08.01.2009
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local news report
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Old 08.01.2009
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1:13-1:16 is funny part. "Gainey can afford to pay loan back" while it shows a pic of Harvey shaking his head "NO". Very nice editing on someones part.
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Old 08.01.2009
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article from local press on saturday
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Old 08.02.2009
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article from local press on saturday
Wow. In freakin credible!
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Old 08.02.2009
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Ihis is one to watch. If the courts allow a Chapter 11 to follow through...it says even more about how crooked the courts are.
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