The Real Money Is In Flipping Bank Charters, Not Houses

June 5th, 2009
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Contributed by: Teri Buhl
Today on Dealbreaker.com, Teri Buhl reported on The Bancorp’s recent acquisition of Michael Strauss's bankrupt American Home Bank. According to the article, two people familiar with the deal told Dealbreaker that the company “is likely parking this federal charter for Ross or another non-bank firm.” To see the whole story, please click below:
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Related Article Tags: Multi-Strategy, Long Short, Equity, Debt and Global Macro Hedge Fund News; Hedge Fund Resources and Featured Partner News


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