FDIC slow to pursue failed bank directors, recover tax dollars

By Ben Hallman

With the FDIC struggling to manage huge losses to its insurance fund, critics say the agency should do more to hold executives of failed ban

Excerpts from this story referencing "bank directors":

"… conduct led to a bank’s collapse. On March 1, the FDIC sued four former bank directors and officers of Corn Belt Bank and Trust Co. in Illinois for $10.4 million …"

'It is a spider web'

By Wolfgang Krach and Georg Mascolo

November 8, 1999 — Liechtenstein residents are amazed at what dubious financial transactions can be found in the their tiny country, if one

Excerpts from this story referencing "bank directors":

"… connections among high-ranking government officials, judges, politicians, bank directors, and investment consultants, who support each other in their illegal finan …"

An invitation to launder money

By Georg Mascolo

HAMBURG, Germany, November 8, 1999 — Whoever wishes to hide funds from the grips of tax authorities will find willing assistants in the Prin

Excerpts from this story referencing "bank directors":

"… connections among high-ranking government officials, judges, politicians, bank directors, and investment consultants, who support each other in their illegal finan …"

"… onnections between high-ranking government officials, judges, politicians, bank directors, and investment consultants,” that is so typical for this tax oasis, and …"