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North Iowa Coop Merger
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loran
Posted 1/25/2010 19:53 (#1041078 - in reply to #1041003)
Subject: Re: North Iowa Coop Merger


West Union, IOWA FLOLO Farm 52175
Jacob you bring up an interesting point...

Why are COOP's speculating with members money?

Ethanol being a big 1 now???

Back when West Union had a COOP...Natural Gas specs did a number, as did investment in a Chicken operation,Cattle feeding,hay specualtion and mis management(all with out shareholder involvement......let alone a staff that thought they're the only game in town.

Long story short, the COOP was a lost cause before anybody had a chance to figure out what was going on....QUICK
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