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Keyword: bankscandal

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  • TN US Senate: Senate rivals clash over business past, Lamar ties Clement to failed banks

    10/01/2002 6:11:49 AM PDT · by GailA · 5 replies · 283+ views
    The Tennessean ^ | 10/1/02 | Brad Schrade & Anne Paine
    <p>CHATTANOOGA — Tennessee's U.S. Senate candidates Lamar Alexander and Bob Clement came out swinging last night in their first debate, with Alexander claiming that his opponent is a Hillary Rodham Clinton-Ted Kennedy liberal and Clement accusing the former governor of getting rich off ''sweetheart'' corporate insider deals.</p>
  • SCANDAL IN A SMALL TOWN

    06/08/2002 1:22:32 PM PDT · by MeneMeneTekelUpharsin · 13 replies · 478+ views
    National Public Radio ^ | June 5, 2002 | Robert Siegel
    June 5, 2002 -- In the village of Oakwood, Ohio (population 742) and other villages of rural Paulding County, everyone knows almost everyone. And almost everyone thought they knew the local banker, Steve Miller. On Feb. 1, 2002, federal investigators uncovered an alleged embezzlement scam that left the Oakwood Deposit Bank insolvent. Tens of millions of dollars were unaccounted for. Steve Miller told the FBI he used his depositors' money to invest -- off the books -- in a company that runs casino boats in Florida and South Carolina. Miller is currently free on bond awaiting trial. The draining of...