Thought you would be interested in this article.
The FDIC has filed the first 8 of 248 cases against Bank lending officers so many more cases are coming. Check back to this blog often for updates as we learn more about each case. Also, attached is the FDIC's policy on Lending Officer & Director Standards of Care. Here are the links:
FDIC Officer Director lawsuits.pdf
and
FDIC Officer Director Standard of Care.pdf
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