Relevant:
- Chestatee State Bank gets cease and desist order from FDIC
- Housing slump takes out high-profile victim: Coast Bank
- Imploded: Riverside Bank of the Gulf Coast, Cape Coral, FL
- Imploded: Premier Community Bank of the Emerald Coast, Crestview, Florida
- Coast Financial Warns of Impairments - Coast Financial Stock Dives After $110 Million Construction Projects Stop
2007-05-26 — blogspot.com
Coast's CEO "never at the relevant point accrued enough "experience" to enable him to distinguish between a "construction loan" and "speculating with deposits."
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