TITLE

With friends like these, who needs loan officers?

AUTHOR(S)

Edwards, L.

PUB. DATE

May 1991

SOURCE

Washington Monthly;May91, Vol. 23 Issue 5, p17

SOURCE TYPE

Periodical

DOC. TYPE

Article

ABSTRACT

Tells the story behind the 1990 collapse of the National Bank of Washington. Faith in growth and disregard for oversight; Washington insiders; Disastrous investments due to poor management; Bailout will cost taxpayers $330 million.

ACCESSION #

9107012333

Tags: NATIONAL Bank of Washington (Company)

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