Florida Bank, Used as ATM by Insiders, exemplifies the fast-and-loose banking culture
source: http://www.worldwidehippies.com/2011/10/20/florida-bank-used-as-atm-by-insiders-exemplifies-...
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- joeeddy
- added this
U.S. Century Bank rocketed into being in 2002, with investors pouring in $30 million over three months. Four years later, the Miami-based bank boasted assets of more than $1 billion, had consistently shown a profit, and had won plaudits from banking analysts such as BauerFinancial and glowing reviews from The Miami Herald and other local media.
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- groups:
- Community
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- tags:
- Economy, WWH, Banksters, Bailout Banks
