Bert Ely's Farm Credit Watch Archive

• October 2006
• Another FCS Merger Wave About to Launch; Hedge Accounting Problems at FCS?; FCS Now the only GSE NOT an SEC Registrant; HORIZONS Report Release at AG Bankers Conference; Report FCS Lending Abuses to: green-acres@ely-co.com; Farm Credit Watch - Free to ABA Members (Download PDF)
• September 2006
• FCA Gives Big Boost to the HORIZONS Project; Other Puzzling FCA Board Actions; An FCS Name Change Confirms HORIZONS's Objectives; HORIZONS Report Release at AG Bankers Conference; Report FCS Lending Abuses to: green-acres@ely-co.com; Farm Credit Watch - Free to ABA Members (Download PDF)
• August 2006
• The Annual FCS Hit Parade - The top 20 CEO Salaries in 2005; COBank Donates $1 Million TO FCS Foundation; Ely's HORIZONS Report at Ag Bankers Conference; Report FCS Lending Abuses To: green-acres@ely-co.com; Farm Credit Watch - Free to ABA Members (Download PDF)
• July 2006
• FCS Financing Lifestyle Communities for Rich People; HORIZONS Report Contest; FCS Turns 90 - Time To Put It Out To Pasture; Report FCS Lending Abuses to: green-acres@ely-co.com; Farm Credit Watch - Free to ABA Members (Download PDF)
• June 2006
• ABA Commissions Ely Report on FCS HORIZONS Project; FCS Hikes Its Lending Limit to $750 Million; FCS Asset, Loan Growth Rates Accelerate; FCS Approves More "Mission-Related Investments"; Report FCS Lending Abuses To: green-acres@ely-co.com; Farm Credit Watch - Free to ABA Members (Download PDF)
• May, 2006
• FCS's YBS Nonsense, And Revealed Truths, The Real Truth about FCS's Lending, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Is Free For ABA Members (Download PDF)
• April, 2006
• Rural America Bonds: FCA Broadens FCS's Lending Scope, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Is Free For ABA Members (Download PDF)
• March, 2006
• FCA Termination Rule: The Silence Is Deafening, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Is Free For ABA Members(Download PDF)
• February, 2006
• FCS Profits And Volume Up, Tax Liability Down, "Rural America Bonds" -- Lending Disguised As Investments, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Is Free For ABA Members(Download PDF)
• January, 2006
• FCS Launches Campaign For Broader Lending Powers, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Is Free For ABA Members(Download PDF)
• December, 2005
• Important Notice -- FCW Fax Ends This Month!, FCS HORIZONS Project Will Be Launched Next Month, FCA Moves To Lock The Barn Door, Holiday Greetings And Best Wishes For The New Year, Report FCS Lending Abuses To: green-acres@ely-co.com(Download PDF)
• November, 2005
• Important Notice -- Faxing of FCW Ends Next Month!, Are "National Charters" Making A Stealthy Return?, FCA Withdraws Plan To Increase Non-Farm Home Loans, FCS HORIZON'S Project Launches Early Next Year?, Report FCS Lending Abuses To: green-acres@ely-co.com(Download PDF)
• October, 2005
• Important Notice To FCW Readers!, FCS Sees Big Opportunity Lending to "AgriConsumers", Get Ready For New HORIZONS For The FCS, Report FCS Lending Abuses To: green-acres@ely-co.com(Download PDF)

• September, 2005:
  • The End Is Near!, Is The FCA At Home?, Katrina, Rita, And The FCS, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Going All-Electronic(Download PDF)
• August, 2005:
  • The Annual FCS Hit Parade -- The Top 20 CEO Salaries in 2004, Surprise! FCS Protests Stronger FCA Governance Regs, FCS Finances Luxurious Pet Resort, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Going All-Electronic(Download PDF)
• July, 2005:
  • Tax Benefits + Low Funding Cost = FCS Lending Edge, FCA Issues Contradictory Philosophy Statement, Finally! Last FCS Bailout Bonds Paid Off, Christmas in July: FCA authorizes More FCS Arbitraging, Bernie Ebbers -- Convicted Felon, FCS Borrower, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Going All-Electronic(Download PDF)
• June, 2005:
  • FCS Subsidy Built On Aggressive Tax Management, Leach Proposes Merging FCA Into New GSE Regulator, Jack Webster: Star Communicator, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Going All-Electronic(Download PDF)
• May, 2005:
  • FCS Bank Directors Owe FCS $1.55 Billion, Taking The Farm Out Of Farm Credit, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Going All-Electronic(Download PDF)
• April, 2005:
  • FCS Swept Into GSE Debate, The FCS -- Who Is In Charge Here?, Jack Webster Gets $1.38 Million "Going Away" Present, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Going All-Electronic(Download PDF)
• March, 2005:
  • FCS Finds $1.26 Billion Under the Couch Cushions, FCS Continues To Cook Its YBS Numbers , Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Going All-Electronic(Download PDF)
• February, 2005:
  • Pellett To The FCS: Go For It!, FCA Puts Comments On Proposed Regulations On-Line, Report FCS Lending Abuses To: green-acres@ely-co.com, Farm Credit Watch Going All-Electronic(Download PDF)