Wise Women Won't Wait Any More

Wise Women Won't Wait Any More

Thursday, February 25, 2010

Brooks stays on ballot in Tarrant county

By Faith Chatham - Feb. 25, 2010
Former Texas State Democratic Vice Chair Roy LaVerne Brooks wins second round of strategic legal assault by financier Dick Abrams. Unable to get County Chair Steve Maxwell to remove Ms. Brooks from the Tarrant County Democratic Primary Ballot so that he could run unopposed for Justice of the Peace, Pct. 6, Democratic donor and bundler, Dick Abrams brought suit in District Court. Abrams' suit against Roy LaVerne Brooks and Tarrant County Democratic Chair Steve Maxwell was dismissed with prejudice Friday. ((aka - don't refile this case)

The contrast between the two candidates is stark. Abrams, former C.E.O. / C.O.B. of failed Surety Bank and Surety Holding, engendered support of Democratic incumbents and some Democratic "want-a-be's" by writing substantial checks to most incumbents and Democratic Clubs, creating a buzz about him being a "viable candidate." Simple Google searches bring up numerous Federal S.E.C. and Comptroller of the Currency documents chronicling Abrams less than stellar performance at the helm of Surety Bank and its holding company. Those touting how "viable" avoid mentioning that Abrams was barred from banking for failure to comply with Federal Banking laws! He settled with the Comptroller of the Currency by agreeing not to participate in any capacity in any federal funded housing, federal loans, banks, or savings and loans because of fiduciary irregularities, misrepresentation of fact on Federal Reports, and failure to follow Federal Law, and the use of bank premises for “for profit endeavors by board members and members of the family of board members.” However, because he can write max allowable checks to high profile candidates some think that he deserved to be the nominee.

In contrast, a Google search on Roy LaVerne Brooks profiles a Democratic Party activist, community servant and civic leader who was named the "Outstanding Woman Citizen of Fort Worth" and inducted into the "Texas Hall of Fame" for 30 years of civic leadership and consistent service to her hometown and the State of Texas. Brooks, a graduate of Prairie View A&M, with M.A. in Divinity from Southwestern, has chaired the handicap transportation authority (MI.T.S.A.C) in Fort Worth and served as Vice-Chair of the Fort Worth T. Conservative with her finances, Ms. Brooks does not have as deep pockets as her opponent. The contrast between a social workers' salary and the check-writing resources of her opponent are substantial.
Abrams' lawsuit drained much of Brooks "Get out the Vote" resources. None of the newspapers or television stations are mentioning Texas or Federal Law does not prohibit individuals who are barred from banking for violations of Federal Law from running for (and possibly winning) judicial seats in Texas, or election as State Representatives and State Senators.
Contributions to the Brooks Campaign can be made on-line at WWW.BROOKSFORJP6.ORG. $35.00 can reach half of the registered voters in the precinct by robocall. The primary is March 2nd. Act now if you want to support a qualified woman candidate for public office. The Court ruled that the people have the right to decide who their nominee should be. Money will determine whether the voters get to learn about the differences in the two candidates.

I am not pretending to be unbiased. I know Roy LaVerne Brooks and admire and respect her for her lifetime of service, incredible leadership skills, and understanding of the challenges facing individuals who come before the bench in that Justice of the Peace Precinct. If Mr. Abrams had chosen to campaign to win rather than to use the courts to remove his opponent, this race would probably have avoided my radar. As I examined the court documents, signatures on the petitions, candidate’s credentials, and the needs of the precinct, sharp contrast between the candidates convinced me that Roy LaVerne Brooks is the candidate who can truly best serve the people as Justice of the Peace. The way to build the party is to bring honor to it by fielding and electing people whose life reflects consistent integrity, service and honor. Roy LaVerne Brooks is a woman of integrity, and possesses a heart for the people and the intellect and discernment to do the job.

RIGHTS: Women Still Battling Gender Bigotry Worldwide

By Thalif Deen - United Nations - TerraViva-Europe - Feb. 25, 2010
UNITED NATIONS, Feb 24, 2010 (IPS) - Nearly 62 years after the Universal Declaration of Human Rights, which proclaimed "all human beings are born free and equal in dignity and rights," a few of the world's discriminatory laws against women are being progressively repealed in Asia, Europe, Africa and Latin America.

India and Malaysia have nullified their respective criminal laws allowing marital rape, while Haiti has abrogated its law permitting the murder by a husband of his wife in specific cases of adultery.

South Korea has changed its law designating the man as head of the family, while Colombia has voided its discriminatory law setting 14 years as the minimum age of marriage for boys and 12 years for girls.

And Pakistan has removed the evidentiary requirement of four male Muslim witnesses to prove rape.

But still, there is a long way to go, as women worldwide continue to battle against gender bigotry, says Taina Bien-Aime, executive director of Equality Now, a New York-based international human rights organisation.

In a report to the U.N. Commission on the Status of Women (CSW), which will hold a two-week session beginning Monday, Equality Now says that several other countries, including Mexico, Lesotho, Kuwait, Turkey, Romania, Serbia, Peru, France and Switzerland, have either repealed or amended laws that were clearly discriminatory against women.

Bien-Aime said there has been "some progress" in removing state-sanctioned legal discrimination against women - acts that generate no cost to governments and require no budget.

"However, despite commitments to repeal all gender-based discriminatory laws, many remain in force, which deny women formal recourse to justice and prevents them from fully participating in society," Bien-Aime told IPS.

And unfortunately, she pointed out, significant setbacks have occurred as well, "as we saw last year in Afghanistan with the Shia Personal Status law which, among other discriminatory provisions, makes the husband the head of the household and gives him the right to restrict his wife's movements."

At the 1995 Fourth World Conference on Women in China, 189 governments adopted the Beijing Platform for Action which, among other things, urged U.N. member states to abolish discriminatory legislation in their statute books.

The 45-member CSW, a U.N. body dedicated exclusively to gender equality and the advancement of women, will next week assess the successes and failures of the Platform for Action.

Dr. Rawwida Baksh, programme leader of the Women's Rights and Citizenship Programme at the Ottawa-based International Development Research Centre (IDRC), told IPS that this year's CSW session marks the 15th anniversary of the Beijing Declaration and Platform for Action.

She pointed out that the Beijing conference was the largest global gathering of its kind, in which over 40,000 women and men participated.

The 12 key themes within the Beijing Platform for Action have been part of the agendas of governments, civil society and other agencies in the 15 years since.

They include fundamental issues of women's and girls' poverty and human rights, their unequal access to education, health and political decision-making, and the daily violence they face, particularly in situations of war and armed conflict.

Since the Beijing conference, new issues have emerged on the world stage that are critical to women's rights and gender equality, including HIV/AIDS and other pandemics, climate change and food insecurity, and the current global economic crisis, said Baksh.

However, despite significant advances, the current global economic crisis has revealed stark evidence of the gender-differentiated impact of the crisis, and women's economic vulnerability, she pointed out.

"In the wake of the continuing fallout from the crisis, many voices are calling for a drastic shift in the economic reasoning, measures, and triggers that define economic policy at the national, regional and international levels," Baksh declared.

IDRC says it has a particular interest in women's political representation in national and local governance, in order for governments to become more accountable to women and for public policies and national budgets to respond to women's specific needs, in relation to childcare, water and sanitation, health, education and employment.

In addition, Baksh said, women need to be more equally represented in order to reflect the actual composition of societies and to ensure that their diverse and specific experiences are taken into account, including poor women, dalit women, indigenous women, women from ethnic minorities, young women, migrant women and disabled women.

In 1995, she said, women made up a dismal 10.5 percent of the world's parliamentarians, and in the 15 years since Beijing, women still comprise less than 20 percent.

IDRC will use the opportunity of this year's CSW to launch a new global research initiative on democratic governance, women's rights and gender equality which will support Southern-based researchers to investigate women's political citizenship and how democratic governance systems respond to women's rights, needs and priorities.

Bien-Aime of Equality Now told IPS, "It is often said out loud that if drafted in 2010, the formidable blueprint that is the Beijing Platform for Action could probably not have been successfully negotiated today because of the growth of religious fundamentalism and the push to preserve harmful practices against women under the guise of so-called culture."

While this is a disturbing statement, the Platform for Action nevertheless remains a powerful mandate for governments, with increased pressure and collaboration with civil society, to exercise political will and uphold the rights of the majority of their citizens.

Also, the grassroots and global women's movements have played an unprecedented role in the past two decades in persuading governments that the only path toward economic development, eradication of poverty, environmental safety, fulfillment of human rights and peace is through the empowerment of women and the protection of their rights, she added.

"One of the most commanding results of the Beijing Platform for Action is that it gave a blueprint for civil society focusing on women's rights to put pressure on their respective governments to reach those goals and fully commit to the pledges they've made," Bien-Aime declared.
Read more in TerraViva-Europe

Monday, February 8, 2010

HELP: Woman JP Candidate in Texas Challenged in Court by Billionaire Banker

By Faith Chatham - Feb. 12, 2010
The right to compete and let the voters decide has been skewed by influence money. Now in Tarrant County, an independently wealthy candidate is using his ability to out-sue, out litigate, out spend on attorney's fees to chase his opponents out of the primary and/or drain-dry the resources of opponents.

Richard (Dick) N. Abrams filed for Justice of the Peace, Pct.6 in South Fort Worth against two other Democratic opponents. He challenged the petitions of his opponents claiming that all spaces on the form were not filled in or were incorrect. Abrams threatened to sue his opponents and the County Chair if the county chair did not remove their names from the primary ballot. One opponent, John Williams, was disqualified for filing for more than one office. Tarrant County Democratic Chair Steve Maxwell reviewed the challenge and ruled that Ms. Brooks had sufficient valid signatures of registered voters in the precinct to remain on the ballot. Abrams filed a law suit in Tarrant County District Court against Maxwell and Brooks, seeking and injunction to keep her name off the Primary Ballot and all his court costs and legal fees. All judges in Fort Worth are Republicans.

"It is absurd," said Harriet Irby, Ms. Brooks' treasurer. "I don't understand why a Democratic candidate would do this. There are no Democratic judges in Tarrant County. This matter will be settled in a Republican judge's courtroom. He knew that when he filed this suit!" She added: "He seems to be someone who likes to file lawsuits and has plenty of money to easily pay the legal costs. There are a number of them filed by him in recent months. He seems to win about half of them."


There are court records to support Irby's impression of Abrams. He sued Unity Mutual Life Insurance Company over what he claimed was a hand-shake agreement for commissions. When the ruling was that hand-shake agreements ae unenforceable, he appealed it from the U.S. Northern District of Illinois, Eastern Division No 99 C 3182 to the Seventh Circuit U.S. Court of Appeals. All rulings were that his alleged hand-shake agreement for commission on preneed funerals were non-enforceable.

Abrams' lawsuit against Tarrant County Democratic Chair Steve Maxwell and his opponent, Roy LaVerne Brooks, is worded to indicate intentions of appealing any decision which does not remove Ms. Brooks' name from the Democratic Primary Ballot all the way to the Texas Supreme Court (another all Republican body).

Mr. Abrams has established a pattern of using his financial prowess to threaten costly legal action in attempts to intimidate less affluent citizens from exercising their constitutional right to run for public office. At each stage, he threatens further legal battles. In the brief filed by his attorney in Tarrant County District Court further threats of lawsuits and costs if he does not win are included in # 4 on the last page: "Abrams' reasonable and necessary attorney's fees incurred through trial and through any appeal taken to the court of appeals and/or the Texas Supreme Court, as permitted by Chapter 37 of the Texas Uniform Declaratory Judgements Act, or as otherwise recoverable by contract, common law and/or statue;"
and "#5. Prejudgement and post-judgement interest, if any , as provided by law;"
and "#6. All cost of suit;"
and "#7. Such other and further relief, special or general, legal or equitable, to which Abrams may show himself to be justly entitled."

NEED TO STEP-UP LATE PRIMARY FUND-RAISING EFFORT


Roy LaVerne Brooks, former Vice Chair of the Texas Democratic Party, is a candidate for Justice of the Peace, Pct. 6 in Tarrant County. Roy's vision is to partner with the community to help prevent some of the situations which bring people into the JP Court. One of her opponents, a billionaire and C.E.O. of Surety Bank, filed a challenge on all of his opponents seeking to get their names removed from the ballot. Abrams alleges that they did not have enough valid signatures on their petitions. One candidate withdrew rather than to fight legal challenges.

The challenge against Roy LaVerne was reviewed by the Tarrant County Democratic Chair. The ruling was that she had sufficient names on her petition of registered voters in the precinct and her name remains on the ballot. Mr. Abrams was not satisfied with that ruling and threatened to sue the party chair and Roy LaVerne. He filed suit in District Court, asking for an injunction to keep Roy's name off the ballot and asking that she pay all his court costs should she lose. Since all judges in Tarrant County are Republicans, he knew that this Democratic Party election case would be tried in a Republican judge's courtroom. Due to snow on the original court date, Fri. Feb. 12th, the hearing has been rescheduled for Friday, Feb. 20, 12 noon in Room 236 of the Tim Curry Court Bldg. in Fort Worth.

In addition to Get Out the Vote and other campaign expense, she is now forced to hire an attorney to defend her right to run for office. Unlike her opponent, Roy LaVerne Brooks is not a woman of independent wealth. She is a hard-working Democratic activist, community organizer, who is employed as a hospice counselor.

Mr. Abrams has the right to pursue legal means, as do all citizens. He is not the only Tarrant County JP candidate to challenge his opponent this year. He is the JP candidate who has already filed lawsuits and refused to accept the ruling of the court this year. He is the one who said he'd sue instead of mediate and whose brief asks the court to have his opponent pay his cost up to and through appeals to the Texas Supreme Court if she loses. He is the candidate whose substantial wealth dwarfs that of his opponent. Just because he has the right to sue and the means to doesn't mean that suing is the right thing to do, or that it is fair for him to. Bigger, stronger "kids" can tell a weaker one what they can do and what they have done. It's intimidating when someone with a history of taking things to the mat has many more resources to arm and fight than you do. When you do something to show your strength to intimidate instead of seeking a fair resolution, that is bullying.

She has strong name recognition in the district and years of community service/activism. Many believe that Mr. Abrams knows that she will probably beat him if the election is fair and if she is given an equal opportunity to take it to the voters. He prefers to bully and sue his way, to attempt to keep his opponent enmeshed in court, attorney's offices and in last minute fundraising to pay court costs.

Mr. Abrams track-record in banking leaves questions about why he is pursuing election as Justice of the Peace. The Dallas Business Journal published an article about the sale of Surety Bank, a financial institution which Mr. Abrams served as C.E.O./C.O.B. from 2000-2007.
The former chairman of Surety Bank, Dick Abrams, remains one of the largest shareholders in Surety Capital Corp., Surety Bank's holding company.But he was barred in June by the Office of the Comptroller of the Currency from engaging in banking and leading the holding company.
The number of shares owned by Abrams is in dispute, but Surety's bankruptcy filings describe Abrams as one of the corporation's largest shareholders and notes that his son, girlfriend and family trust are also significant shareholders. Abrams could not be reached for comment.
Abrams stepped down on Oct. 1 as Surety Capital Corp's chairman. Weiner, another shareholder in the bank, took that role on the condition that Abrams promise not to sue him, Weiner said.
Says Thompson: "He volunteered to do the job that nobody else wanted."
Since then, Weiner has focused on getting the institution sold and getting investors' money out of the institution.
Surety Capital Corp. filed for Chapter 11 bankruptcy protection on Dec. 21.


This Fund Raising Appeal in support of Roy LaVerne Brooks is an appeal to stand up for the right of ordinary Americans to run for public office.

It is an appeal to stand with her against a man who is trying to bully and harass his way onto the General Election ballot instead of campaigning and letting the voters decide.

This is an appeal to help her defend this case in court and defend the right of all citizens to exercise their civil right to participate in the democratic process which is the foundation of our American system.

This is an appeal to let the Voters' Decide who they want as the Democratic Nominee for Justice of the Peace, Pct. 6.

Contributions of ANY AMOUNT are welcome. We welcome contributions as small as your weekly coffee money or as large as you can afford. If you can join us Saturday and show Roy LaVerne that you stand with her, we welcome your presence at the tea.

Contributions can be made securely on-line at BROOKS FOR JP6


THIS IS A CASE OF "I'll Drain You Dry in Court If My Challenge Doesn't Result in You Being Thrown Off of The Ballot."
If Mr. Abrams had a pristine registered voters petition list, we might think he was fighting over principle. However, his petition has more incomplete boxes than Ms. Brooks and many more names of people who live outside the district. If he wins and gets her thrown off the ballot on the grounds he claims in his brief, a counter-suit on the same grounds should result in him being removed from the ballot.

His financial resources are greater than the two other candidates in the race. (John Williams withdrew rather than face the challenge by Richard Abrams.

In June 2000 Richard N. Abrams Richard N. Abrams, Northfield, Illinois filed with the F.D.I.C. to acquire additional voting shares of Surety Capital Corporation, Fort Worth, Texas, and thereby indirectly acquire additional voting shares of Surety Bank, National Association, Fort Worth, Texas.

Surety had problems with the S.E.C. In the Sept. 12, 2001 Share Holder's Report Richard N. Abrams, C.E.O. wrote:

We entered into a formal agreement with the Office of the Controller of Currency in November, 1998. This Formal Agreement still remains in place, although the bank is currently in compliance with all requirements. Hopefully, we will be operating without this Formal Agreement next time I address the shareholders. However, due to the Formal Agreement, the bank can not pay dividends to the holding company. Therefore, we are unable to meet the holding company's financial obligations, i.e., debenture interest and operating expenses. I have guaranteed these payments for 2001. All loans made for this purpose are evidenced by a note payable which is convertible into stock of the holding company at $0.36 per share.


In return for meeting the Holding Company's obligations, Mr. Abrams and the board granted him (them) generous stock options. Surety's 2001 Stock Holder's Report showed Richard N. Abrams, age 60, as a Chairman of the Board, Director and C.E.O. since 2000. His bio at that time was:
RICHARD N. ABRAMS has served as a director of Surety Capital since May 2000 and was named Chairman of the Board of Directors and Chief Executive Officer in March 2001. He has served as Chairman of the Board and Chief Executive Officer of Funeral Financial Systems, Ltd. (a special purpose finance company that specializes in the funeral industry) since August 1985, and of Executive Offices, Ltd. (a shared office building) since October 1986. Mr. Abrams has also served as Chairman of the Board of FuneraLeasing, Ltd. (a leasing company that specializes in the funeral industry) since December 1998. Mr. Abrams is a certified public accountant. Mr. Abrams has served as a director of Surety Bank since March 2000.


It baffles many who are watching this race. Why would a man with Richard Abrams financial interest run for Justice of the Peace??? Few can envision him actually sitting in a Justice of the Peace courtroom five days a week listening to truancy and eviction cases? Why is he doing this?

Abrams grabs power in troubled by exercising stock options.
His relative, Rodney Abrams, also increased his bank s
tock.

Following an S.E.C. investigation on Surety Holding's insurance division, this notice was sent to Surety Bank Stock Holders (signed by Richard N. Abrams, C.E.O.):

We entered into a formal agreement with the Office of the Controller of Currency in November, 1998. This Formal Agreement still remains in place, although the bank is currently in compliance with all requirements. Hopefully, we will be operating without this Formal Agreement next time I address the shareholders. However, due to the Formal Agreement, the bank can not pay dividends to the holding company. Therefore, we are unable to meet the holding company's financial obligations, i.e., debenture interest and operating expenses. I have guaranteed these payments for 2001. All loans made for this purpose are evidenced by a note payable which is convertible into stock of the holding company at $0.36 per share.


Mr. Abrams acquired an option on stock at a fixed $0.36 per share which he could exercise after the price of the stock rose.

COMPENSATION OF DIRECTORS

Surety Capital's and Surety Bank's board of directors consist of the same members and both organizations hold meetings on the same dates. In 2000, the bank paid each director $500 for each bank meeting attended. In 2001, the cash compensation was stopped and each outside director now will receive 2,000 shares of unregistered common stock for each board meeting attended and 1,000 shares for each committee meeting attended.

We have adopted the 1996 Stock Option Plan for Directors and the 1997 Non-Qualified Stock Option Plan for Non-Employee Directors. Under the 1996 and 1997 Directors Plans, an aggregate of 250,000 shares of our common stock were set aside for issuance pursuant to the exercise of options granted thereunder. The 1996 Directors Plan is a formula plan pursuant to which annual options are automatically granted to our directors who are not our employees at fair market value. All options under the 1996 Directors Plan are non-qualified stock options, and vest one year following the date of grant. On the first business day of each calendar year, each non-employee director is automatically granted an option to purchase 2,000 shares of our common stock at 100% of fair market value on the grant date.

2000, each non-employee director received an option to purchase 2,000 shares of our common stock at an exercise price of $0.74 per share. The 1997 Directors Plan provided for the one time grant of 25,000 non-qualified stock options to directors who were not employees at fair market value. In 1997, each non-employee director received an option to purchase 25,000 shares of our common stock at exercise prices ranging from $4.18 to $5.375 per share. These options vest over five years.

We also adopted the 2000 Non-Qualified Stock Option Plan for advisory directors. Under the provisions of the plan, 100,000 shares were allocated for non-qualified stock options to advisory directors. Grantees are awarded 10-year options to acquire shares at the market price on the date the option is granted. The options vest and become fully exercisable based on a vesting schedule as determined by the compensation committee on the date of grant. On November 6, 2000, grantees were awarded options to acquire 28,000 shares of our common stock at $0.55 per share, which vest and become fully exercisable on November 6, 2001.


Abrams capitalized on the bank's situation:
In addition, in consideration for the extraordinary time and effort the members of the board of directors have given to the company and the bank, various members of the board were awarded shares of unregistered common stock at the August, 2001 board meeting. The awards were as follows: Mr. Abrams received 400,000 shares, Mr. Chappell received 60,000 shares, Mr. Bley received 30,000 shares, Mr. Kwentus received 15,000 shares and Mr. Morris received 10,000 shares. Mr. Abrams also received shares of restricted stock which will vest upon certain events. Pursuant to the grant, Mr. Abrams will receive 300,000 shares of common stock when the Office of the Comptroller of the Currency terminates the formal agreement entered into by Surety Bank prior to Mr. Abrams' affiliation; 200,000 shares if he remains as the Chief Executive Officer until the end of the 2002 fiscal year; and he will receive one share of common stock for every $3.00 of net profit realized by Surety Bank, as determined on a quarterly basis with a maximum of 400,000 shares over any two year period.

The following table shows beneficial ownership of shares of our common stock by all current directors, nominees for director and named executive officers individually, and together with all current executive officers of the Company as a group, as of August 28, 2001:

Amount and
Name of Individual Nature of
or Number of Beneficial Percent
Persons In Group Ownership (1) of Class (2)
--------------------------------------------------------------------------------
Richard N. Abrams 1,266,744(3) 16.2%

Charles M. Ireland 44,583(4) *

Garrett Morris 166,749(5) 2.2%

David F. Chappell 115,555(6) 1.5%

Thomas J. Kwentus 17,777 *

Guy J. Butts 0 --

Milton M. Bley 99,000(7) 1.1%

All directors and 1,710,408(8) 21.6%
executive officers as
a group (7 persons

-------------------- * Less than 1% of all the issued and outstanding shares of common stock.

(2) Based on 7,624,511 shares of common stock issued and outstanding at August 28, 2001, as adjusted for shares convertible or exercisable within sixty (60) days which are deemed outstanding for a specific stockholder pursuant to Rule 13d-3(d)(1) under the Securities Exchange Act of 1934.

(3) Includes 184,444 shares of common stock which are convertible from notes and 2,000 shares which Mr. Abrams has the right to acquire within sixty (60) days from the date hereof. Also includes 65,100 shares owned by Funeral Financial Systems, Ltd., a company under the control of Mr. Abrams. Does not include the restricted stock described on page 5.

(4) Includes 33,333 shares of common stock which Mr. Ireland has the right to acquire within sixty (60) days from the date hereof.

(5) Includes 19,000 shares of common stock which Mr. Morris has the right to acquire within sixty (60) days from the date hereof.

(6) Includes 55,000 shares of common stock which Mr. Chappell has the right to acquire within sixty (60) days from the date hereof.

The following table sets forth certain information with respect to our stockholders who were known to be beneficial owners of more than five percent (5%) of the issued and outstanding shares of the common stock as of August 28, 2001, except for Richard N. Abrams, whose ownership interest is disclosed in the preceding table.

--------------------------------------------------------------------------------
Name and Address Amount and Nature Percent
of Beneficial Owner of Beneficial of Class(2)
Ownership(1)
--------------------------------------------------------------------------------
Carlson Capital, L.P. (3) 519,300 6.8%
301 Commerce Street, Suite 3300
Fort Worth, Texas 76102

Pine Capital Management, Incorporated(4) 528,647 6.9%
353 Sacramento Street, 10th Floor
San Francisco, California 94111

Cullen W. Turner(5) 471,377 6.2%

Rodney A. Abrams(6) 575,055 7.5%

With his relative, Rodney Abrams' shares, Richard N. Abrams controlled more Surety stock than the rest of the board combined by August 2001


Questions about his employment status
In January and February 2007 he made Federal Campaign contributions and listed "retired" as his employment status on the donor cards. In March 2007 he lists CEO Mortuary Financial on another Federal Campaign donor card. On June 11, 2007 the Comptroller of the Currency issued a cease and desist order to Surety Bank, National Association, Fort Worth, Richard N. Abrams, C.E.O.


S.E.C. Investigations and Cease and Desist Orders
In 2001, Surety's S.E.C. difficulties were attributed to his predecessor. However, in 2007 when Surety was issued a Cease and Desist Order by the Comptroller of the Currency, Richard N. Abrams has been at the helm of Surety Bank of Fort Worth and Surety Holding for seven years. Difficulties could no longer be attributed to any failure of leadership other than his own. He was the major stockholder and controlled more voting shares than any other member of the Board.