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UPDATE: Colonial BancGroup, Taylor Bean and Freddie Mac-who could have seen this coming?

August 10, 2009
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UPDATE: Colonial BancGroup, Taylor Bean and Freddie Mac-who could have seen this coming?

| Image by https://www.taylorbean.com/default.aspx Aug. 7: Colonial BancGroup announces governmental actions. Seems that on “August 6, 2009, it was informed by the U.S. Department of Justice that it is the target of a federal criminal investigation relating to the Company’s mortgage warehouse lending division and related alleged accounting irregularities.” And furthermore: On August 5,...
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