Bank's failure stings CNN's Lou Dobbs and state senator

[napi21]

Bank's failure stings CNN's Lou Dobbs and state senator: The failure of Alpharetta's Integrity Bank has likely wiped out the investments of some notable Atlantans, including Dobbs and state Sen. Jack Murphy.


This is all the info I got so far. I have an online subscription to the Atlanta Business Journal and they send a preview of their headlines each day. I wont receive the link to today's issue until this afternoon. I did a search, and the only other thing I found was that Integrity Bank was the 10th bank failure, and the assets were taken over by Regions Bank, and the debts by the FDIC. I just found it INTERESTING that Lou Dobbs apparently had a fairly large investment there.

The web site is bizjournal.com but today's issue isn't up yet.

[SoCalDem]

1. How WILL he spin this into an "ileeeeeegal" issue?

This will be fun..especially since on his OLD show on CNN he was a "money-expert" guy :)

[napi21]

2. Yea. I thought about that "money expert" thing too. I wonder just how

much money he lost?

I also haven't listened to him for several months, since he turned all mean & nasty recently. I wonder if he criticized any of the other people who lost $$ when their banks failed. Something tells me that he just might have called them stupid for ignoring the FDIC limit.

[dysfunctional press]

3. if you think that he was mean and nasty before...just wait.

his type doesn't take well to losing bundles of swag