FDIC going after Directors and Officers

Another well written article on the Bryan Cave site. This one by Bard (not Brad) Brockman, is about the First Bank of Beverly Hills. A lot of similarities exist, on the surface, between that bank and Citizens. By no means are the circumstances identical, but it is pretty easy to see the similarities. Read it by clicking here. Or you can read the court filed document by clicking the following link: FDIC-Complaint-First-Bank-of-Beverly-Hills

One comment on “FDIC going after Directors and Officers

  1. The FDIC is going after Jim McMahon, former Chicago Bears quarteback, for his malfeasance as a director of Broadway Bank, which failed.

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