Feds Blame "One-Man" Leadership for FCB Failure
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Published on Saturday, 11 September 2010 13:29
The Naples Daily News says that a Federal Reserve report cites weak management as a major factor in the $349-million failure earlier this year of Florida Community Bank. The bank had planned to move its headquarters to Ave Maria before it ran into financial problems. (Left, the bank logo as it once appeared on the building opposite Publix in the town center)
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