The RGJ takes a superficial look at the Siena. Barney speaks, but continues to blame the Siena’s failure on the slot machines. You can read the article here: Siena Doomed To Fail?
The paper also runs a companion article. This one is kind of fun given the title on the RGJ headline about Barney: “He’s An Egomaniac”.
76 year old Joe Villareal of San Leandro put $160k into RE Reno and half a million into RE Loans. We’re not sure who Mr. Villareal is or how Ray Hagar tracked him down, but we’re thrilled to see an RE Reno investor speaking publicly about the issue.
Ron Langenbahn, 78, apparently put $600k into “Bar-K”. I wonder if that means RE Loans, Mortgage Fund ’08, RE Reno or, perhaps, some combination of the funds.
We need to push for further investigation into the deals the Bar-K people put together. We need disclosure on what the deals look like. We need to be able to follow the money, which may lead us, the investors, or some sort of government entity to action and help us recover our investment dollars.