Yahoo Web Search

Search results

1. People also ask

   Why did Ted Budd go bankrupt?

   • Ted Budd signed as one of 11 "co-makers" of the loan, allowing his stock to be used as collateral, campaign spokesman Jonathan Felts said. The company repaid the loan to the family, then declared bankruptcy seven months later. The federal government estimated the bankruptcy left $50 million in payments undelivered to farmers and others.

   PolitiFact | McCrory tries to connect Budd family, AgriBioTech

   www.politifact.com/factchecks/2021/oct/08/pat-mccrory/mccrory-tries-connect-budd-family-agribiotech-sett/

   See all results for this question

   What happened to Ted Budd's father?

   • Well, it was in bad shape when he took over. And so Richard Budd, Ted Budd's father, got a loan for $10 million, loaned it to the company, AgriBio Tech. That loan did not save the company. The company filed for bankruptcy. But before it did, the company paid back Budd's family's loan.

   Fact check: McCrory suggests Budd is using money owed to

   www.wfae.org/politics/2021-10-13/fact-check-mccrory-claims-budd-is-using-money-owed-to-farmers-for-attack-ads

   See all results for this question

   What happened to Budd's family?

   • Last year, the Washington Post revealed Budd’s “ family’s calamitous involvement in a company called AgriBioTech, which ended in a bankruptcy case that cost farmers millions of dollars in losses .”

   NEW BUDD BOMBSHELL: Budd’s Family Intertwined With Company Tha…

   www.ncdp.org/media/new-budd-bombshell-budds-family-intertwined-with-company-that-not-only-screwed-farmers-out-of-50m-but-owed-over-1-3m-in-taxes/

   See all results for this question

   How much money did Budd bankruptcy leave unpaid?

   • The federal government estimated the bankruptcy left $50 million in payments undelivered to farmers and others. The price of "bacon is up five times" under President Joe Biden. These details all come from the Washington Post report. Other creditors sued, saying the company should’ve paid them before repaying the Budd loan.

   PolitiFact | McCrory tries to connect Budd family, AgriBioTech

   www.politifact.com/factchecks/2021/oct/08/pat-mccrory/mccrory-tries-connect-budd-family-agribiotech-sett/

   See all results for this question

2. www.politifact.com › factchecks › 2021McCrory tries to connect Budd family, AgriBioTech settlement ...

   www.politifact.com › factchecks › 2021

   • Cached

   Sep 17, 2021 · By Paul Specht October 8, 2021. McCrory tries to connect Budd family, AgriBioTech settlement, and attack ads. If Your Time is short. AgriBioTech repaid a $10 million loan to the Budd family...

3. www.axios.com › local › raleighNew campaign ad blames Budd for agriculture company bankruptcy

   www.axios.com › local › raleigh

   • Cached

   Sep 7, 2022 · Democratic U.S. Senate candidate Cheri Beasley launched a pointed attack Wednesday against Republican Rep. Ted Budd for his alleged role in the bankruptcy of his family's agriculture business.

4. www.wfae.org › politics › 2021/10/13Fact check: McCrory suggests Budd is using money owed to ...

   www.wfae.org › politics › 2021/10/13

   • Cached

   Oct 13, 2021 · And so Richard Budd, Ted Budd's father, got a loan for $10 million, loaned it to the company, AgriBio Tech. That loan did not save the company. The company filed for bankruptcy.

   • Author: Marshall Terry

5. Videos

   • 

     2:29

     youtube.com

     Ted Budd Proposes Amendment To Rescind '$17 Billion Of Unspent Covid Money'

     Jun 3, 2023

     5.3K Views

   • 

     3:18

     wcnc.com

     Maximum PPP loan went to Rep. Budd's family's business

     Dec 6, 2020

     0 Views

   • 

     9:18

     youtube.com

     Republican Ted Budd wins U.S. Senate seat for North Carolina

     Nov 9, 2022

     10.6K Views

   View all

6. www.nytimes.com › live › 2022/10/072022 Midterms: North Carolina Senate Debate Ted Budd and ...

   www.nytimes.com › live › 2022/10/07

   Oct 8, 2022 · Beasley for the second time brings up the bankruptcy of a Budd family-owned agricultural business that “left farmers and other folks holding the bag” to the tune of more than $50 million while ...

7. www.ncdp.org › media › new-budd-bombshell-buddsNEW BUDD BOMBSHELL: Budd’s Family Intertwined With Company ...

   www.ncdp.org › media › new-budd-bombshell-budds

   • Cached

   Aug 23, 2022 · Now, a new report reveals that in addition to Ted Budd and his family paying themselves millions right before declaring bankruptcy and screwing farmers out of millions, AgriBioTech owed over $1.3 million in taxes, including $33,000 in North Carolina state taxes.

8. www.charlotteobserver.com › news › politicsBudd’s NC Senate campaign draws fire for ag company’s ...

   www.charlotteobserver.com › news › politics

   • Cached

   Sep 3, 2021 · Following AgriBioTech’s bankruptcy filing in 2000, a lawsuit filed in Nevada claimed that Richard Budd transferred millions of dollars out of the company to his family, including Ted Budd,...

9. ccbcnes.org › budds-nc-senate-campaign-fires-onBudd’s NC Senate campaign fires on farm business bankruptcy

   ccbcnes.org › budds-nc-senate-campaign-fires-on

   • Cached

   Sep 7, 2021 · Chris Seward. PA. The Republican nomination contest for a US Senate seat in North Carolina has intensified in recent days after a Washington Post article detailed how farmers lost millions of dollars in company bankruptcy run in part by the family of Representative Ted Budd.