ProPublica: U.S. Century Bank had very high rates of insider loans and other red flags, yet got a $50.2 million TARP loan. Now that taxpayer money may be lost as the bank stumbles under heavy losses.
Tag Archive | "Insider Loans"
Florida Bank, Used as ATM by Insiders, Won TARP Loan But Now Teeters
Published on October 19, 2011.
Published in Economy, Government, Housing
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