H. Averett Walker used hot money to turn Security Bank from a sleepy Southern lender into a regional powerhouse.
Darrell D.
wadsAmbitious Small Banks Get Wads of Cash and Loads of TroubleNewsvine - business Sat, 07/04/2009 - 05:30
For Banks, Wads of Cash and Loads of TroubleNYT > Business Fri, 07/03/2009 - 19:40
Bulk deposits from brokers, known as hot money, fueled growth at smaller banks across the country, but also led some to the brink, and beyond. |
