Banks fall victim to con men
Desperate for money, troubled banks are turning to unconventional sources to gain capital – and getting bilked in the process.
Desperate for money, troubled banks are turning to unconventional sources to gain capital – and getting bilked in the process.
By Joshua M. Brown, Guest blogger
The irony here is so delicious it just has to be fattening...
From Problem Bank List:
Everyone on earth knows the money-up-front thing is the oldest scam in the books. Except the dying and desperate banker, I guess.