23 September 2009
Dead Bank Walking
It looks like another local bank has a few weeks/months to live.
First Mariner Bank has agreed to a cease and desist order from regulators requiring that they end "unsafe and unsound practices."
Generally, it's less than 2 weeks from when I hear of such a notice until the bank hits the BFF list.
First Mariner Bank has agreed to a cease and desist order from regulators requiring that they end "unsafe and unsound practices."
Generally, it's less than 2 weeks from when I hear of such a notice until the bank hits the BFF list.
Labels:
Finance
,
Maryland
,
regulation
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