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Previous Entry Huh..... Jul. 27th, 2009 @ 10:33 am Next Entry
spin a yarn
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Date:July 27th, 2009 11:42 pm (UTC)
Guaranty may fall under the Office of Thrift Supervision; I'm not sure. Chad, the reporter at the DBJ who's been following the situation, says Guaranty will fail any day now, and he doesn't seem to think they'll find that investor they're looking for. FDIC/OTS will probably find another bank to purchase Guaranty's assets. The switchover typically happens on a Friday so they have the weekend to change everything over. Check dallas.bizjournals.com for updates.
(spin a yarn)
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