Featured ArticlesAvoiding Personal Liability for Bad Loans
Directors Digest, Western Independent Bankers, June 2016 edition, by Richarge George, Principal, Bank Experts Group.
Following the Great Recession when more than five hundred FDIC-insured banks failed, the FDIC filed several hundred lawsuits or claims against individual bank directors, holding them personally responsible and accountable for the bank's failure, in part because it believed that loans were approved recklessly and negligently. The problem, therefore, is how can a director avoid such personal liability?
Learning from Bank Turnarounds: 10 Success Factors
Bank Director, First Quarter 2005 edition, by J. Michael Feeks, Principal, Bank Experts Group.
Here are 10 success factors underlying most turnarounds of operations and earnings at banks.