WASHINGTON AP - An online bank based in the Atlanta suburbs with $2.5 billion in assets was shut down by the government on Friday because of an unsustainable level of mortgage defaults.Federal regulators appointed the Federal Deposit Insurance Corp. as a receiver for Alpharetta, Ga.-based NetBank Inc., the largest thrift to fail since the tail end of the savings and loan crisis nearly 15 years ago.
September 28, 2007 at 12:00 AM
1 minute read
WASHINGTON AP – An online bank based in the Atlanta suburbs with $2.5 billion in assets was shut down by the government on Friday because of an unsustainable level of mortgage defaults.
Federal regulators appointed the Federal Deposit Insurance Corp. as a receiver for Alpharetta, Ga.-based NetBank Inc., the largest thrift to fail since the tail end of the savings and loan crisis nearly 15 years ago.
Presented by BigVoodoo
The Daily Report is honoring those attorneys and judges who have made a remarkable difference in the legal profession.
Celebrate outstanding achievement in law firms, chambers, in-house legal departments and alternative business structures.
Consulting Magazine identifies consultants that have the biggest impact on their clients, firms and the profession.
We are seeking an associate to join our Employee Benefits practice. Candidates should have three to six years of employee benefits experienc...
Associate attorney position at NJ Immigration Law firm: Leschak & Associates, LLC, based in Freehold, NJ, is looking for a full time ass...
Company Description CourtLaw Injury Lawyers is an established Personal Injury Law Firm with its primary office located in Perth Amboy, New J...
MELICK & PORTER, LLP PROMOTES CONNECTICUT PARTNERS HOLLY ROGERS, STEVEN BANKS, and ALEXANDER AHRENS
