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Tue., August 23, 2011 3:03pm
Federal banking regulators want former officials of Atlanta-based Silverton Bank to pay $71 million in damages following Georgia's largest bank failure. Silverton went belly up two years ago. Now, the Federal Deposit Insurance Corporation alleges, former bank officials followed lax lending policies and bought lavish airplanes and posh buildings while their bank verged on collapse.
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Mon., January 24, 2011 8:54am
Georgia leads the nation in bank failures with its second bank closing this year in McDonough.
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Wed., January 19, 2011 2:34pm
State Senator Republican Jack Murphy says he’s innocent of federal charges brought against him. The FDIC is suing him and others who sat on the board of a failed local bank. The civil lawsuit alleges the bank violated banking laws.
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Wed., January 19, 2011 7:52am
Federal banking regulators are suing eight former officials from a failed Alpharetta bank, including a state senator just named head of the Senate Banking Committee.
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Mon., October 25, 2010 8:19am
The two most recent failures are the first in the state since three were closed in mid-September.
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Fri., January 1, 2010 3:47pm
The news caps off a dismal year for Georgia banks
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Sat., August 15, 2009 8:02am
Colonial BancGroup is the latest bank failure and it’s the biggest bank to
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