The former boss of the now bankrupt US lender Taylor, Bean & Whitaker (TBW) has been charged with 16 counts of fraud, worth more than $1.9bn (£1.3bn).I deidn't see this in any American media sources.
Lee Farkas, who was chief executive and then chairman of TBW, was accused of trying to misappropriate money from banks and federal institutions.
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Wednesday, June 16, 2010
Arresting the Banksters
It's a start:
1 comment:
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I think the news was overnight and it took a while for Americans to catch up. Here you are.
ReplyDeleteTBW made a HUUUUUGE mess here. Had my mortgage people dancing like somebody was shooting at their feet when the FHA cut them off.