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Old 09-28-2008, 01:59 PM
 
Location: Earth Wanderer, longing for the stars.
12,408 posts, read 18,192,027 times
Reputation: 8884

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'Andrew McCain “sat on the boards of Silver State Bank and of its parent, Silver State Bancorp, starting in February but resigned in July citing ‘personal reasons,’ according to the Associated Press (broken link). McCain left just over a month before Silver State went belly up.'
McCain’s Son In New Keating Five Scandal?

The Associated Press: Silver State Bank in Nevada is shut
'The AP reports that Silver State’s failure was caused by “poor-quality loans primarily related to real estate development,” and that it will cost the FDIC (funded by American taxpayers) $450-550 million.'
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Old 09-28-2008, 02:02 PM
 
31,477 posts, read 39,007,887 times
Reputation: 13967
yeah this was previously a thread on here. He evidently left knowing the publicity would not be good all things considered then. Even worse now.
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Old 09-28-2008, 02:02 PM
 
Location: Albemarle, NC
7,730 posts, read 13,608,717 times
Reputation: 1509
Old news and often ignored. Like father, like son.
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Go Back   City-Data Forum > General Forums > Politics and Other Controversies > Elections

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