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"New Frontier"

Number 24579
Subject Banks
Source Denver Post
State CO
Year 2009
Publication Date 4/26/2009; 7/29/2009; 11/15/2009; 12/27/2009; 12/28/2009
Summary In this investigation, The Denver Post reveals potential fraud, in addition to mismanagement of "deposits and loans," caused the collapse of Colorado's New Frontier Bank. Loans were issued to borrowers who "agreed to buy stock," and loan officers often "rewrote terms of delinquent loans."
Category Contest Entry
Pages 26
Keywords New Frontier Bank; Greenley; Larry Seastrom; Weld County; Johnson Dairy; Bill Garcia; FDIC
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