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Resource ID: #24579
Subject: Banks
Source: Denver Post
Affiliation: 
Date: 4/26/2009; 7/29/2009; 11/15/2009; 12/27/2009; 12/28/2009

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Description

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."

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