Banker's Blues | Arkansas Blog

Wednesday, August 27, 2008

Banker's Blues

Posted By on Wed, Aug 27, 2008 at 9:37 AM

The slow-motion collapse of the U.S. banking industry continues, and the little guys -- as always -- are the ones getting shafted.

Case in point: a class-action lawsuit filed yesterday by employees of ANB Financial in Fayetteville, who saw their retirement plans evaporate after the bank closed May 9.   Plantiffs estimate their losses at $56.3 million.

Roby Brock's talkbusiness.net has the story

Sign up for the Daily Update email
Favorite

Comments (9)

Showing 1-9 of 9

Add a comment

 
Subscribe to this thread:
Showing 1-9 of 9

Add a comment

More by David Koon

  • Tough mothers, demanding action

    Interest in the gun violence prevention group Moms Demand Action has exploded since the massacre at Marjorie Stoneman Douglas High in Florida. Leaders here say they're in the battle for 'gun sense' until the job is done.
    • Apr 5, 2018
  • The Griffin

    El Dorado's new restaurant showplace is worth the drive.
    • Mar 15, 2018
  • Arkansas's medical marijuana growers come to light

    Four counties, five companies, lots of jobs in the cannabis business.
    • Mar 8, 2018
  • More »

Readers also liked…

Most Viewed

Most Recent Comments

Slideshows

 

© 2018 Arkansas Times | 201 East Markham, Suite 200, Little Rock, AR 72201
Powered by Foundation