"NO on Measure B" Spokesman TARGETED by Feds

Steve Page at the Sonoma Raceway fka Infineon
Steve Page at the Sonoma Raceway fka Infineon
Steve Page Exec of Sonoma Raceway and lead spokesman for No on Measure B hotel proposal is being sought after by the FDIC for his unsafe and unsound leadership as a former Board member of Sonoma Valley Bank.

Page previously avoided the attention of the media in the shareholders lawsuit as they only listed holding company directors and Page was a Bank director only.  However, the recently obtained FDIC documents filed in US Federal District Court indicate that all 7 Bank directors were voting on the 12 loans they list as direct "Loss Loans" resulting in the failure of the bank.

Page and all the directors and officers are suspected of being a part of a continuing Federal Grand Jury still ongoing led by SIG-TARP Treasury, FBI, IRS and FDIC and may include criminal charges.

Page was also quite outspoken in a Letter to the Editor following the first of three in a trilogy of major front page feature articles uncovering the real scandal inside SVB's failure.  Page railed against two outspoken critics and referred to them as a "malcontent blogger" and derogatory "former board member" and it seems after all the investigations are playing out that Page is wrong and the outspoken critics are spot on discrediting his reputation and credability.

Many wonder why he was chosen as "NO on Measure B" spokesman for the recently televised Chamber of Commerce sponsored debate between Preserving Sonoma and Protect Sonoma.  Most agree its because of his old ties to Darius Anderson from their work on another loser the Sonoma Jazz Fest.  After failing a bank, being wrong on Measure A and a spokesman on the failed Measure C hospital fiasco, how can anyone in Sonoma Valley trust and believe anything Steve Page has to offer?

Who will Protect Sonoma put out front next?  Or will Page help them craft a weasel out strategy as he did on Measure C when they realized they were going to lose badly they crafted a back-up alternative plan.  Is that was Protect Sonoma is up to now?  Only time will tell.
Ralph Hutchinson October 18, 2013 at 04:38 PM
Press Democrat article Steve Page declares his SVB friends all great guys and nothing is wrong but now after Cutting and Melland are banned and the FDIC is breathing down their necks, it seems he was very wrong and the bloggers and gadflys were spot on. See bottom of page 2 and top page 3. LINK---http://www.pressdemocrat.com/article/20110126/opinion/110129662#page=2
Mrs. H Harvey October 30, 2013 at 02:34 PM
Mr. Hutchinson you are really burying your credibility in this town. No matter where a person stands on this measure I can assuredly say without a doubt you have made many inflammatory and false accusations on this blog. I've lived her for two decades and can say unequivocally that you have insulted a large majority of us who are middle class or low income voters by saying we are friends of Mr. Anderson or somehow make our money from developers. You certainly seem to have plenty of time to spend on the internet, you must be retired while those of us are working class families in this town. I'm voting NO on Measure B for so many reasons, but more importantly because of the ridiculous natures of both you and Sal and the silliness of it all.
Ralph Hutchinson October 30, 2013 at 03:44 PM
This blog questions Steve Page his past record and ties to his bank failure. Your comments seem out of place Mr H. I am supportive of a quaint Sonoma and tired of cronyism. I want good living wages for Sonoma Valley. I don't see how that is at odds with the middle and low wage class people. If you question as false anything I say come out with it and I will gladly discuss debate one item at a time.
Ralph Hutchinson October 30, 2013 at 03:45 PM
Why not use your full name "H"?
Ralph Hutchinson October 30, 2013 at 05:00 PM
Sal isn't even on this blog. Why did you choose this one?
Mrs. H Harvey October 30, 2013 at 06:44 PM
Because instead of saying Steve Page targeted by Feds you list him as "Measure B spokesman" as if to suggest that because he is associated with Measure B he must be a capitalist crony. Interesting coming from someone in the failed banking business. I'm not a Mr. either, and I chose this blog because you decided to write about Mr. Page who has actually given a lot back to this community.
Mrs. H Harvey October 30, 2013 at 06:46 PM
I'm quite done with you Mr. Hutchinson, and have investigated enough online about you to know you spend most of your time doing nothing but blogging. Quite a uninteresting past time for a retired banker. Perhaps you should step away from the computer before you dig yourself too deep a hole.
Ralph Hutchinson October 30, 2013 at 07:06 PM
Jan H, or Holli?
sal nero October 30, 2013 at 07:11 PM
Hold up there H. I guess you're ready for a little whack-a-mole. And you have elected yourself the mole. Your brand of sophistry is an insult to the actual working class Sonomans being promised "living wages" by one single developer of one hotel while he and the rest of the large hoteliers' other facilities in town are left out because they really don't want a living wage. As for Past Bank Directors, including Mr. Page who not only BS'd the public with a fake sob letter blaming the FDIC, Mr.Page went further and wrote a letter to the Editor of the Press Democrat in January 2011 excoriating and challenging what a "a raving former Director" of SVB and "a malcontent blogger" both warned was a very different truth about the Bank. It was a truth that will shine a light were no light existed. All the Directors knew the story that Bill Lynch helped them spin was unadulterated BS and Mr. Page made the error of doubling down (that's casino talk) on that error to his own disservice. See you around Mr. Middle-class.
sal nero October 30, 2013 at 07:17 PM
A little more.If it's charity cash that sways you remember, Bernie Madoff, much like our Former Bank Directors and Officers was very charitable too.
Ralph Hutchinson October 30, 2013 at 07:20 PM
Steve Page has been on the wrong side of issue C the Hospital eminent domain fiasco, the Jazz Fest fiasco, a failed bank Sonoma Valley Bank, and now this. He partners with the Chamber every time. He also partnered with Darius' casino Thunder Valley. Those are facts Ms Harvey. If he hands out money that's great but people buy fame friends and notoriety sometimes. Popular in the political arena and lobbyists. HL. Glad you decided to comment. But why not actually say something or offer some backup not just attack and accuse of misfacts and usage of the Patch blogs.
Ralph Hutchinson October 30, 2013 at 07:37 PM
For the record Steve Page did get it right once. He spoke out in 2003 against Darius during Cows Not Casinos. But sadly he sold his soul and accepted Thunder Valley casino money a few years back so in my opinion he's not a man of heartfelt principle. He also buddies up for Jazz Fest and his bank arranged Darius to buy a troubled loan property near Bank of Marin. All facts Ms Harvey.
Ralph Hutchinson October 30, 2013 at 07:52 PM
Oh one more thing, I question your investigation and ability to draw reasonable conclusions. Smart phones make it efficient to keep up and Patch pushes out ticklers when related articles are bit on. Have you considered perhaps I'm a "paid blogger" too?


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