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Resource ID: #1142
Subject: Banks
Source: Journal (Albuquerque, N.M.)
Affiliation: 
Date: 2024-06-24

Description

Albuquerque Journal investigates Moncor, Inc., a bank that became the state's second largest multi-bank holding company, finding irresponsible lending, aggressive and allegedly fraudulent stock transactions, and a close association with a Texas banker whose four banks failed and caused the company to collapse.

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