Why would you close a bank that's about to be bought out?
Why would you close a bank that's about to be bought out?
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clarkey318is

Original Poster:

2,220 posts

204 months

Saturday 10th April 2010
quotequote all
Ok, theoretically speaking;
If a bank was about to be bought by a third party, why would one of the board of directors ask for it to be put into receivership? Something to hide perhaps?
It "Theoretically" smells a bit fishy.