The former boss of the now bankrupt US lender Taylor, Bean & Whitaker (TBW) has been charged with 16 counts of fraud, worth more than $1.9bn (£1.3bn).I deidn't see this in any American media sources.
Lee Farkas, who was chief executive and then chairman of TBW, was accused of trying to misappropriate money from banks and federal institutions.
Wednesday, June 16, 2010
Arresting the Banksters
It's a start:
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1 comment:
I think the news was overnight and it took a while for Americans to catch up. Here you are.
TBW made a HUUUUUGE mess here. Had my mortgage people dancing like somebody was shooting at their feet when the FHA cut them off.
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