PENACO organization
also: Pinnacle
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Related entities (most co-mentioned)
Claims (4)
Al Pena member_of
PENACO book_quoted
“That basically was passed on to us when the bank failed. And this is how it happened. In 1982, Allied lent $27 million to an oil and gas company called PENACO, P-E-N-A-C-O. It was controlled by Al Pena. It was secured by 30 oil and gas leas…”
▶ The Colonel’s Corner The Mafia, CIA, & George Bush Part Part @ 24:26
Allied Bank financed_via
PENACO book_quoted
“That basically was passed on to us when the bank failed. And this is how it happened. In 1982, Allied lent $27 million to an oil and gas company called PENACO, P-E-N-A-C-O. It was controlled by Al Pena. It was secured by 30 oil and gas leas…”
▶ The Colonel’s Corner The Mafia, CIA, & George Bush Part Part @ 24:26
Mainland Savings financed_via
PENACO book_quoted
“Pinnacle filed for bankruptcy and by 1984 was in default of all of the Allied loans still owing $21 million. Allied had already posted the security property for foreclosure when Mainland stepped in and bought the loans for $19.2 million. Pe…”
▶ The Colonel’s Corner The Mafia, CIA, & George Bush Part Part @ 24:56
Mainland Savings acquired
PENACO book_quoted
“and by 1984 was in default of all of the Allied loans still owing $21 million. Allied had already posted the security property for foreclosure when Mainland stepped in and bought the loans for $19.2 million. Pena testified in a bankruptcy h…”
▶ The Colonel's Corner The Mafia, CIA and George Bush Part 4 @ 24:28
Mentions (2)
▶ 24:26
That basically was passed on to us when the bank failed. And this is how it happened. In 1982, Allied lent $27 million to an oil and gas company called PENACO, P-E-N-A-C-O. It was controlled by Al Pena. It was secured by 30 oil and gas leas…
▶ 24:56
Pinnacle filed for bankruptcy and by 1984 was in default of all of the Allied loans still owing $21 million. Allied had already posted the security property for foreclosure when Mainland stepped in and bought the loans for $19.2 million. Pe…