Parisian Family Office, CEO. Started Wall Street, '82. Drexel Burnham alum. Founded Chippewa Partners, Native American Advisors, '95. Chippewa, raised on reservations. Conservative. NYSE/FINRA arb. Pureblood. Independent insight. Trading WON/CANSLIM methodology from PAMELOT, TN farm, GHOST RANCH, MT, on Yellowstone River, or CASA TULE', their winter camp in Los Cabos, Mexico. Always been, 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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