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: Calculated RiskUnofficial Problem Bank list at 894 Institutions
By Anonymous
Here is the unofficial problem bank list for Nov 5, 2010.
Changes and comments from surferdude808:
The number of institutions on the Unofficial Problem Bank List remained unchanged this week at 894 as there were four additions and four removals. However, aggregate assets increased to $416.5 billion from $410.7 billion.As always, thanks to surferdude808 for compiling this list!
Removals this week are the failures that include K Bank, Randallstown, MD ($592 million); Pierce Commercial Bank, Tacoma, WA ($242 million); Western Commercial Bank, Woodland, CA ($111 million); and First Vietnamese American Bank, Westminster, CA ($52 million).
Additions this week are Superior Bank, Tampa, FL ($3.4 billion Ticker: SUPR); The Suffolk County National Bank of Riverhead, Riverhead, NY ($1.7 billion Ticker: SUBK); Essex Bank, Tappahannock, VA ($1.2 billion Ticker: BTC); and Community Central Bank, Mount Clemens, MI ($543 million Ticker: CCBD).
Full post as published by Calculated Risk on November 06, 2010 (boomark / email).
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Employee Lawsuits: Negligent Hiring and Retention
Employers must check references, criminal records, other background material.
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lawsuit claims the bank is in violation of the Truth in Lending Act
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Swiss bank pays Parmalat $30 million bankruptcy settlement.
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Bank of America Corporation 401(k) / ERISA Stock Fraud
Bank of America Corporation 401(k) / ERISA Stock Fraud

OH, GOODY: Unofficial Problem Bank List increases to 817 institutions.
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