Tagged: Allcorp Inc.

Goldens' Meltdown Was Years In Making

Goldens' Meltdown Was Years In Making

Banking & FinanceLegalCover Story

Instead of saving Allied Bank from the ruinous meltdown of a radio-active loan portfolio he built, Little Rock banker Lex Golden rode the same downward spiral to insolvency. read more >

Golden Bankruptcy Reveals Allcorp Deal

Golden Bankruptcy Reveals Allcorp Deal

Banking & FinanceLegal

A possible bank stock sale and details of a legal settlement are part of the bankruptcy narrative in the 66-page Chapter 7 filed by Lex and Ellen Golden of Little Rock. read more >

Golden Property Allcorp Inc. Goes Bankrupt

Golden Property Allcorp Inc. Goes Bankrupt

WhispersBanking & FinanceLegal

Allcorp Inc. of Little Rock, which owns the $16.9 million-asset Community State Bank of Bradley (Lafayette County), filed for Chapter 11 reorganization late Wednesday. read more >

Chambers Bank Lands $2 Million Golden Judgment

Chambers Bank Lands $2 Million Golden Judgment

Banking & FinanceLegalCover Story

The latest ruling is one in a string of lawsuits spawned by the bankruptcy of Acme, the parent company of Allied Bank of Mulberry. Under the Golden family’s ownership and management, the bank has lost more than $14 million since 2010. read more >