Free Republic 1st Qtr 2026 Fundraising Target: $81,000 Receipts & Pledges to-date: $9,973
12%  
Woo hoo!! And now less than $4k to reach 13,500 by the end of Jan 15th!! Thank you all very much!! God bless.

Keyword: samuelwaksal

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  • Loans to High-Profile Executives Backfire for Bank of America

    11/25/2002 2:29:14 AM PST · by jpthomas · 1 replies · 329+ views
    The Wall Street Journal via Quicken.com ^ | Monday, November 25, 2002 | Carrick Mollenkamp
    Rich executives once courted by Bank of America Corp. are proving to be a big headache, Monday's Wall Street Journal reported. In the last year, the bank has run into problems with loans made to executives such as Bernard Ebbers, Samuel Waksal and the Rigas family. Now, it appears a loan to another wealthy executive has resulted in a big financial hit. In the second and third quarters, Bank of America's private bank charged off $ 261 million in loans to a family investment firm controlled by Oklahoma telecommunications executive Everett Dobson, essentially declaring the loans uncollectible. Mr. Dobson was...