Chaptzem Blog!      

its true, i heard from numerous sources that Fairmont will file bankruptcy in order to not pay the commissions owed to staff. if you know who Chanina Katz then it should not be a surprise.

 

And Jewish business' are not permitted to layoff workers? That is an exclusive right of non-Jewish business'?

 

Fairmont Funding did not want to lay off so many people. They did what they had to do. They will try to stay open as a brokerage and i know they will be successful!

 

I know Chanina Katz and he did not want to lay off so many people. Fairmont had no choice.
If they file bankruptcy it's because they have no choice. Not because they didn't want to pay employers commissions that they were owed.

 

Fairmont paid payroll this friday.
Those who got laid off were not needed anymore, why keep them around.
What about all the families Fairmont supported all these years?how many young ladies were employed there for years, so there husbands can sit and learn
You only bash when people get laid off?
Low life, bored soal what you are!

 

IT SEEMS TO ME THAT CHANINA KATZ'S SON AND SON IN LAW ARE READERS OF THIS WONDERFUL BLOG.

UNFORTUNATELY THEY DO NOT WANT YOU TO KNOW THE TRUTH ABOUT THE CURRENT STATUS OF THE COMPANY.

DO THE RIGHT THING FAIRMONT !!

PAY YOUR FORMER EMPLOYEES AS WELL !!

 

chaptzem,get the fact straight, my wife worked in fairmont for 4 years and got laid off. all we have to say is thank you and they have paid everything they owed, thanks!

 

I too think Fairmont has been pretty fair in this whole ordeal. I think people are not paying attention to the fact that the company has sustained massive financial hits in this whole ordeal. Any company in there current position would do the same if not worse.

 

to the idiot that quoteed "chaninas son and son in law"..................I have been with fairmont for 6 years and both of them are real good friends of mine and have helped out many many people in the past. THE CURRENT STATUS IS FAIRMONT IS OPEN FOR BUSSINESS AND EVERYINE IS GETTING PAID.......so before you bash good people, get your facts straight !!!!

 

Chanina Katz in the early 90's
screwed alot of people (with the downturn of the housing market of
1991 - 1992).
I guess here we go again.

 

where does rabbi Deutsch come in all this ?
any info please on rabbi Deutsch in general ?

 

No one who lost their job as mortgage lender has any reason to complain. Those of us who chose to go into anything real estate related chose a business in which there is a ton of money to be made in the good times. However, but every ten to fifteen years, there is a major down market, which has to be endured. It comes with the territory. If you want a steady income, real estate is not the business to be in. However, for those who are not risk averse, the profits in the good times make it worthwhile.

The problem is that there are so many people who got in the business within the past ten years, and they are too new at it to know that it’s not all good times.

 

Rabbi Deutch is a tzaddik gomer.....furthermore this is a very difficult time to be in the mortgage business...I encourage anybody who has been less than ehrlich in thier dealings with clients to leave the business....

 

to the idiot that quoteed "chaninas son and son in law"..................I have been with fairmont for 6 years and both of them are real good friends of mine and have helped out many many people in the past. THE CURRENT STATUS IS FAIRMONT IS OPEN FOR BUSSINESS AND EVERYINE IS GETTING PAID.......so before you bash good people, get your facts straight !!!!

They may be your "real good friends" but I was a customer of the latter and I've never dealt with a sleazier scumbag in my entire life.

 

I know many people who work and have worked at Fairmont, and I have heard about all the chesed that Fairmont does. They have told me how well they have been treated and how honest and good of a person Mr. Katz is. How many companies hire so many Frum people, especially those who need the money most, like kolel families and young couples? I wish Chaptzem would report good things about these types of companies, and not only the negative. THEY DESERVE MORE.

 

While there are always people who are jealouse of others' successes, all this negativity certainly doesn't come from nowhere or only from jealousy.

 

"upgefurine"

two of the people in the video are completely frum, and the cideo proves that sevenfatcow, in a way, is more pr-frum than frum eope themseleve.

re-watch the video it it pro-frumkeit! are you guys deaf?

 

i just heard in shul this morning that the meridian office on nostrand avenue had a visit by the us banking department yesterday.

i hear they are days away from shutting down

ralph is next

 

It amazes me how so much traffic is generated, and comments posted about Fairmount.....but when a FUC*ING dirt-bag b y the name of LEIB PINTER goes and steals close to 100 million dollars from innocent frum families - no one says a damn thing.

This scum-bag walks around and writes seforim while he steals all day.

Prick.

Where is the outcry?

Did everyone forget OLYMPIA FUNDING?

Pinter, Donnar?

Remember?

 

uoj : May 01, 2007 8:39 AM;

Donnar???

 

For those of you who want to know about rabbi Deutsch: the way they handled him is one example of how great Fairmont is treating their employees. Rabbi Deutsch was laid off in April 2006 and Fairmont kept him on payroll until the end of December.

If you have any questions you can email me at fairmontfunding@hotmail.com

 

Uhuh. We'll be sure to email fairmontfunding@hotmail.com for all the facts. You've gotta be kidding.

 

I worked for Fairmont for seven years prior to opening my own company. They are good people in a very tough mortgage enviornment. They have done nothing wrong and have helped many people. Those of you that are obviously happy that this is happening to them, should be ashamed of yourselves. You should really look inside yourselves as to why you relish in other people's pain.

 

To the Fairmont Family (also David & co.)
Good luck with your reorg.

 

Fairmont and Katz are a fine bunch - just ask the upper tier guys who left the company these few weeks, I highly doubt they have a bad word to say about the company. It is one of those things - buisniess climate and change of wind but I hear no ill will or fed or bankruptch issue at all. SOme folks are just jealous or have nothing better to do.

That said I agree with the Pinter/Olympia curve here. That is one prick if there ever was one. Dig dipper into that one - you'll get alot more juicy stuff I bet.

 

i have worked side by side with fairmont funding and their entire administration and can tell you that this company is unique and special in the way that they cared for their staff. they are hard working, riteous people. for those of you who had the audacity to let your toungues wag on their behalf, should wallow in your shame. your immaturity, jealousy and evil intentions wil take you to your very own repayment. next time you need to vent, go find a punching bag instead of taking your frustrations and failures to such an extreme.

 

i've been dealing with fairmont for nearly 7 years now, while working as a full time broker in another company, i have 1 thing to say, the company as a whole, chanina katz, his son, and son in law in particular they were the most honest, decent, and correct pp throughout all my business dealings with them, and i have been dealing with them on the residential and commercial end.

They r in a pickle right now while mind you it is due to no fault of their own but a few reckless crooked brokers that need to be banned from doing mortgages.

On a side note i have a couple of deals with them right now and they r still going strong in spite of those few pp that dont deserve to carry the name YID who relish in other pp's misfortune.

 

I feel bad for all those who have lost their jobs. I myself am in a tough financial predicament. My only advice is to understand the cyclical nature of business and finance. Like the housing and stock markets, and in Yosef's dream - there are good years and bad years. Prepare for the bad years during the good years through savings. My wish to all involved, is that Hashem will take care of your needs B'nachas v'lo b'tzaar. I will daven for all of them and their families.

 

I remember a few months ago Chanina Katz's brother-in-law weinschneider tried to make up stuff like this. Give me a break. Why can I not read Chaptzem without reading about your personal family politics?!?!?

 

Five points for the one who remembered last time the family politics made it on-line! Play fair, and solve it amongst yourselves. Don't make up such motzi shem ra because you yourself aren't as successful!

 

Enough with this family-ripping stuff!!! Grow up! HE's entitled to run his business like he wants! You know that! Letting your anger at him is so obvious

 

Some people can be such babies! Leave him alone! Don't you think he should decide when he lays off people that he was nice enough to hire?!?the Glass is half empty, right?

 

Enough! There is obviously no need to banter! just use your seichel

 

What is the Big Deal Charlie Katz went BK(bankrupt) in 1990 hurt alot of people then.

Here he goes again in 2007. He has hurt alot of people. I am will asure you, this wont be his last time.

Charlie is a Huge fat Lamdin-- He heard of the word Chazakah- (3 times).I think he also heard the words you can screw many people once than God joins the game and can screw Charlie harder than anyone.

Hopefully they will lock him up befor he strikes again.

 

ich main fairmont macht a kiddush hashem

 

I think fairmont will build up again and rehire those fired

 

i will al fall in place