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"In an unusual move, the FDIC allowed some of ShoreBank's executives to continue running the restructured bank..."

I think there is more to this story.

1 posted on 08/20/2010 5:20:57 PM PDT by Brilliant
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To: Brilliant
I think there is more to this story.

Yup. Perhaps some demographic and political considerations are impinging on the "normal regulatory process" in this case.

Of course, Uncle Taxpayer stands ready to have his pockets turned out, again.

2 posted on 08/20/2010 5:27:15 PM PDT by Steely Tom (Obama goes on long after the thrill of Obama is gone)
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To: Brilliant

Document shredding must continue for the overall sake of the system.


3 posted on 08/20/2010 5:27:27 PM PDT by nkycincinnatikid
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To: Brilliant

You bet there is. The only one who’s spoken about it is Glenn Beck. He’s done a lot of work on it:

http://www.youtube.com/results?search_query=glenn+beck+crime+inc&aq=f


4 posted on 08/20/2010 5:29:40 PM PDT by perfect_rovian_storm (The worst is behind us. Unfortunately it is really well endowed.)
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To: Brilliant

Wait a second...Isn’t this the bank Glenn Beck did an expose’ on a couple months ago? The one with ties all through Barack Imam’s cabal?


5 posted on 08/20/2010 5:31:11 PM PDT by LearsFool ("Thou shouldst not have been old, till thou hadst been wise.")
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To: Brilliant; Cindy

“I think there is more to this story.”
You bet there is. This bank was highlighted on the Beck TV Program a few months ago. Director’s of the bank are old school liberals helping to feed the cause.


10 posted on 08/20/2010 5:38:59 PM PDT by mojo114 (On to November.)
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To: Brilliant

Shore Bank investors include many of the Administration big shots...including the big O himself and the Clintons, the now missing Black Green Czar, and even ALgore is rumored to have a piece of this action according to Beck. They were supposed to be the middle men in the Cap and Tax hustle taking a brokers fee for all the transactions. It was rumored to be worth billions. So they say.


13 posted on 08/20/2010 5:49:28 PM PDT by Don Corleone ("Oil the gun..eat the cannolis. Take it to the Mattress.")
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To: Brilliant

I betcha Glenn will talk about it on Monday!


14 posted on 08/20/2010 5:51:24 PM PDT by melancholy (It ain't Camelot, it's Scam-a-lot!)
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To: Brilliant

“.. a big community bank..that has been known for its social activism..”

= grossly fiscally irresponsible fianancial money conduit engaging in blatantly racist, criminal economic policy.


15 posted on 08/20/2010 5:58:43 PM PDT by EyeGuy
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To: Brilliant
ShoreBank lost $39.5 million in the second quarter amid soured real estate loans.

so, these managaers were hired in the 3rd quarter
18 posted on 08/20/2010 9:06:13 PM PDT by stylin19a (Never buy a putter until you first get a chance to throw it)
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To: Brilliant

AP could NEVER utter the words of Soros, Obama, Jarrett, Ayers and the rest of the crony Chicago Machine who milked Federal and State money for their activism and their own pockets including Van Jones.

Beck covered this, AP will cover it up.


19 posted on 08/20/2010 10:04:40 PM PDT by wac3rd (Somewhere in Hell, Ted Kennedy snickers....)
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