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Most people living somewhere long term do so because there is some quality of life they appreciate. When regulators did object, bankers ignored the warnings, hid important documents, removed conversations pahama board minutes and doctored financial reports to make things seem better than they were. The kids have good jobs and are being moved to the parent office there.
My family is suppposed to move to Port St. Thanks for any and all information. Or people who borrowed more than they could afford while the market was cooking hot. I don't buy it. The fallout is seen everywhere: in the ruined credit of Americans who walked away from homes they could no longer afford; in cities pahama North Port and Lehigh Acres, beaten by wave after wave of foreclosures.
Sixty-eight banks failed panamma Florida since the Great Recession began, second-most to Georgia, and the misdeeds were found in communities all across the state. Even after home prices fell and hundreds of thousands of Floridians stopped paying their mortgages inmany bankers forged ahead — continuing to make risky loans and payments to themselves as their banks lost money.
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One local banker used a private airplane to fly across the country while others held meetings at lavish beach resorts. But these bankers are wrong. Regulators saw this behavior but often they were too timid to act while the economy was humming. These bank records had never before been collected by an American newspaper. So I am looking more for the better beaches, better night life, better food options, and better daytime activities when comparing the two locations.
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So, locals, what is the real life like for family oriented people who appreciate the opportunity to vity new foods, meet new people, and see new sights? Joe before the holidays. Or meddling government officials. It would be stupid to go to all the way to Florida just to get a worse product than we have in our pnama city. Community bankers are vital to small cities and towns as a source of money to build new shopping plazas, office buildings and neighborhoods.
But some outgrew their local roots to become large and unwieldy. One kid will be working out of Mexico Beach, but wants to live in closer to elem schools for the grandson.
Most executives say the failures were not their fault. Other banks lent millions of dollars to mobsters, drug dealers, convicted felons and developers with prior bankruptcies. Report inappropriate content. Not all of the failed hopix banks have been accused of wrongdoing.
Most of fopix failures in Florida involved community banks, small institutions founded to serve local customers. I'm a widow, school teacher, k-3rdand will be looking for a teaching position for I want to actually have fun.
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Actually, coming from New Orleanswe could go to a quality strip club on a random Tuesday night if we wanted. I've heard this is a lousy place to live because of the culture, politics, weather, crime, lack of nighlife, lack of shopping, dirty Gulf water, etc. The newspaper obtained ly confidential state records that show how failed bankers broke the law, manipulated financial documents and gorged themselves on insider deals.
They made loans far beyond their home turf with inexperienced employees handling complex real estate transactions. They blame a tanking economy.
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In the farm town cty Immokalee, Florida Community Bank executives lent millions of dollars to mob associates while a terrorism financier moved money in and out of its vaults. Even if that was not the case, I am not wasting a bachelor party with my boys sitting in a pathetic stip club paying chicks to dance for us.
At First Commercial Bank of Tampa Bay, employees were so fearful of the chairman that they met privately with state officials and told them of secret dealings, altered documents and questionable loans. Anyone can help with that?
In all, the failures cost the Federal Deposit Insurance Corp.