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Maine Jury Awards Former CEO $7.5M for Bank's Malpractice

East News • March 22, 2006
A Portland, Maine jury this week awarded $7.4 million in damages to a former Fairchild Semiconductor executive who blamed the former Fleet Bank's Private Client Group for causing the loss of his ...

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Subject: RE: Banking

Posted On: March 24, 2006, 7:51 am CST
Posted By: stat guy
Comment:
Banks are beginning to figure that out; witness recent sell offs of insurance agencies owned by banks. Seems that the insurance holdings are a distraction. Bet we see a reversal of this trend. Trying to steer banking and insurance business is not as seamless as once thought. the only ones who could possibly benefit from this trend is the agency owners not necessarily bank stockholders. The juru is still out....
Subject Posted By Posted On
RE: Banking stat guy
Mar 24, 2006, 7:51 am
Banking Hal
Mar 23, 2006, 10:02 am
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