chicagotribune.com - 207 views
The leader of Oak Park's FBOP bank holding company--Michael Kelly--blasted US Treasury regulations for the recent failure of the Lemont Park National Bank. Did a recent Windy Citizen share re-arm this Oak Park FBOP President?
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Comments
Congress wiped out the value of FBOP's Freddie Mac & Fannie Mae mortgage lender common & preferred stock shares with the nationalization. Next the US Treasury forced FBOP's sale because these assets worth as much as $800 Million were rendered nearly worthless.
Check out last weekend's Windy Citizen share & leading discussion thread comments:
http://www.windycitizen.com/chicago/business/2009/10/31/oak-park-bank-fb...
Don't let government regulations destroy a locally owned business.
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