DEANPARISIAN.COM

Parisian Family Office, Founder & CEO. Started Wall Street, '82. Drexel Burnham alum in LaJolla, CA. Founded Native American Advisors, Chippewa Partners. '95. Chippewa. Conservative. Raised on reservations. Was NYSE/FINRA arbitrator. Trading O'Neil/CANSLIM methodology at PAMELOT, TN farm, GHOST RANCH, MT, on the Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Will always be, a relentless optimist with radical gratitude.

Friday, June 24, 2011

Georgia, leading the way........

WASHINGTON (AP) -- Regulators have shut down a small bank in Georgia, boosting to 48 the number of U.S. bank failures this year as the economy struggled and bad loans piled up.  The Federal Deposit Insurance Corp. on Friday seized Mountain Heritage Bank in Clayton, Ga., with $103.7 million in assets and $89.6 million in deposits. First American Bank and Trust Co., based in Athens, Ga., agreed to assume the assets and deposits of the failed bank.   The failure of Mountain Heritage Bank is expected to cost the deposit insurance fund $41.1 million.
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