Fed Report: Examiners Tried to Remove Goldens Years Before Bank Failure

by Gwen Moritz  on Thursday, Mar. 22, 2018 11:44 am   2 min read

Lex and Alex Golden, in file art from 2010. (Jason Burt)

A report concludes that federal bank regulators recognized that Lex Golden was a poor banker and that his family was abusing its control of Allied Bank for years.

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