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By Heather Anderson |
May 20, 2013
According to legacy asset loss estimates provided to Credit Union Times by the NCUA, investments made by Western Corporate FCU are generating far more losses than those that were made at other failed corporates.
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By Heather Anderson |
May 13, 2013
As of year-end 2012, WesCorp’s estimated losses were $5.7 billion, representing 84.4% of the nearly $6.8 billion in total estimated legacy asset losses.
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By Dick Johnson |
March 20, 2013
Some wise person once wrote, “If we always do what we have always done, we will always get what we always got.”
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By Sarah Snell Cooke |
March 8, 2013
During the Governmental Affairs Conference, Chip Filson announced his intention to seek an NCUA Board seat, which was the culmination of speeches and online postings criticizing the NCUA’s activities throughout the financial and corporate crises. He has launched a petition designed to force President Obama to consider him as a...
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By Sarah Snell Cooke |
March 7, 2013
Callahan chair's bid for reform in NCUA Board appointment process not necessarily change to embrace.
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By Peter Strozniak |
March 7, 2013
Nall wrapping up 46 years with Pasadena credit union while Galizia comes to L.A. from Michigan.
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By Heather Anderson |
February 5, 2013
Justice Department cites failed corporate in lawsuit, says S&P rigged ratings to please bank customers.
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By Marc Rapport |
January 4, 2013
J.P. Morgan, others named in sale of $2.2 billion in failed mortgage-backed securities that led to collapse of WesCorp, U.S. Central and Southwest Corporate.
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By Heather Anderson |
January 4, 2013
Confidential deal with former WesCorp CFO wraps up cases against former officers of collapsed corporate.
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By Heather Anderson |
November 6, 2012
Notes payoff called important milestone in efforts to resolve the failure of five corporates.
