Where were the bank regulators?


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  • | 7:15 a.m. April 23, 2012
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How culpable are Florida community bankers for loans that soured because of the real estate collapse?

One case involving Southwest Florida's oldest community bank may be a test of that question.

The Federal Deposit Insurance Corp. recently sued the former directors of Immokalee-based Florida Community Bank alleging negligence and seeking $62 million in damages from the failure of the bank in early 2010.

 

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