How I'm Using My Bailout Cash: Umpqua Bank

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well you all are right they gave all that money to the wrong people. wow it is so bad for me i cant even spell credit score never mind have one that would help me provide for my family yep i made a few mistakes in my credit history and now I'm ( &%#@*!) < being nice< so I'm the little guy you know the one who makes money for the big company at little pay that just gets me week to week so how do you expected me to try and fix my credit history? is there a letter i can write and to who for my BAILOUT? the banks did it the car company's did it the credit card company's did it oil,gas,food,hell even some mid size company's did it so how do people like me working in this country that make the money get some of the money? and did your BAILOUT really work? it never got better it only got worse and to find out about one or two company's that dished out a bounis with it what or who can say they all did'ent do that ( the ol saying is They got cought) so where did the trillions of dollars go i need about $13,000 to fix my mistake i made with my credit life may you bail me out and here ill be willing to pay you $15.00 a week it pay it back with as you know no intrest, seeing that as hard working americans this ( no intrest )
you seemed to show for us with the trillions of dollars bailout to people who have lots of money to start with. I was told if you sit on your butt all day nothing can get done only the one who stands on his legs can keep IT moving. and the word ( IT ) being america got it? so where is the help we as the little man so despertley needs at?????????

Robert L Lachance II of TX 2:48PM July 14, 2010

I am a customoer of Umpqua and feel vey strongly that Umpqua was the only bank to take the stimulus in our area. Now that the regulations and restrictions are being put on it, including adminstrative salaries, Mr. Davis no longer wants it and wishes to return the money.
I am in favor of the stimlus but not in this case.

Kathie of OR 3:51PM June 27, 2009

All the bank are a loud. They dont need the money, with them taking my money are they going to bring down the rates on loans are they going to be more accepting with people that may not have as good of credit. So i woudnt see the reason of the bailout to me it makes no da$ since. I have a credit rating of 690 and i can not get a loan to save my life if needed. And i would say i have had one before. But that is bullshi% i need some help let me get a government grant. Cause i need it. They have acual people who need it. Not the bank execs who make 5 figures, 1 million or even 1 billion as a raise. Thats bullsh$t. Plus they are the ones who made the mistake when i make a mistake or when anyone makes a mistake it is on them they go to jail or they cant get a house.Even with the auto indus. they had a chance to make electric built cars they felt like they wouldnt make enough money cause for about a 60-80 mile an hour car it is for the conversion kit and everything installed 10,000 and you dont have to worry about gas or anything. all excuses and bullsh%t. They can atleast give the people 1,000 or something.

chris of LA 11:15AM December 22, 2008

It seems to me that our country is trying to push bags of sand into the US Economic Levy while no one is looking for what is causing us to flood in the first place.
There are major areas of concern in the US and those who can make a difference, are ignoring real solutions. They may not be able to even follow good logic anymore.
Jobs are falling off fast - people are losing their incomes. Our BIG companies have gone to other countries to hire employees.
Medical costs are going up monthly - people are dying. EAch year the American Medical Association make sure only a certain amount of students are allowed into their Universities to become doctors so their incomes will never go down.
The CEO's do not intend to allow their amazingly privileged incomes to shrink; they don't want to share.
Energy is costing more and more each month - people can't afford fuel for their furnaces or gas for their cars or even a decent car for that matter.
Food is going up every day - people are going hungry.
Who will help us when so many people in power are so worried about their comforts, their sexual needs, their rights to do as they feel, their favorite hobbies, their greedy wants, their right to kill any child that gets in their way, and on and on.
All who think only of self! They are either those in power or our criminals; they act the same.
Where are our heroes anymore?
Where are those with honor and integrity?
Where are those who put love for God and Man first-BEFORE SELF?
We have lost our hope in our country and in each other and now we are being turned loose in this flood of selfishness.
Fear is taking over in our society.
Virginia

Virginia of OR 9:50PM November 19, 2008

Who really knows the depth of this financial crisis bail out or not we have already slipped in to recession try and figure out effects of the same to understand better any financial matters,believe me this is the first of its kind dont relate to any past !!
THIS IS ONLY THE TIP OF THE ICEBERG AS THE SAYING GOES.
To get out of this can take 5 years or more,but at the speed technology fuels our progress for the good or worse we are entering a new world of WEALTH if only i knew what this wealth is?

p . j . patel of CA 5:45PM November 05, 2008

Anybody involved in business in Oregon knows government interference, so we play the hand we are delt. I am a very loyal stock holder in UMPQ bank, and I like the directors decisions.

Gary Obie of NV 11:38AM October 31, 2008

I found this article somewhat disconcerting. The bank is going to use the tax payer (bailout) money to expand their business and didn't appear to have any real need for the money. Somehow this is good?
Let me get this straight. A portion of my family's income, (which we earn through sweat equity), is being used to bail out banks, who made high risk loans (poor management decisions) to people how borrowed money they could not afford to pay back (poor personal decisions). My tax money is being doled out in such a fashion that some banks, who did not find themselves in this financial crisis, will be able to recieve large portions of it and will then be able to use the money to expand their business.
I feel like our country is headed down a path where we no longer have liberty and there is no way to stop it. I don't know who to trust any more. Certainly not politicians. They can't manage the money they recieve in taxes as it is, are unable to maintain a balanced budget. They are not being held accountable. I am being told how to vote by entertainers. The media is no longer neutral on how they report the news. At times, I wish there was a new continent for us to discover.

Bruce Toline of NE 10:07AM October 31, 2008

So, this bank was already ok financially, and has the bailout money just in case. Just in case they need it. hmmm..makes me wonder if things are as bad as they seem or if the talk-up of the whole deal is making it what it isn't..at least to some extent.

Ella Greene of SC 8:48AM October 31, 2008

For anyone reading this article who has not had the priviledge of knowing Ray Davis as I do, I appreciate this opportunity to comment.
Having known Mr Davis professionally, and more recently personally, I will say that he is honest, forthwright to a fault when dealing with Customers, Employees, Shareholders, Regulators and the investing community. There is never any skirting of the problem and always a frank disccusion of his resolution. As a result he has the admiration and the respect of the Industry and it's Regulators,as well as his Employees and Shareholders, so this offering of Capital comes as no surprise, and I am absollutly certain that Umpqua will continlue to grow and prosper, and this Capital infussion will give Ray Davis the tools to make it happen..

Larry Francesconi of CA 3:37PM October 30, 2008