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January 29th, 2010

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Foe pounds Giannoulias on controversial loans (Chicago Sun-Times)

Is state Treasurer Alexi Giannoulias' family bank, Broadway Bank, just another community bank suffering in a recession as Giannoulias says?David Hoffman, a rival for U.S. Senate, says "No."Broadway Bank had to enter a consent decree with federal and state regulators because its assets fell so short of its unpaid loans."Broadway Bank acted in a very different fashion than just about every other ...

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Guaranty Bancorp working with federal regulators to forge path through bad loans (Denver Post)

State and federal banking regulators have asked Guaranty Bancorp to submit plans within the next two months to better manage its credit risk, reduce its exposure to commercial real estate and deal with its bad loans.

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