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Bridgeport bank failure fallout: Washington Federal Bank for Savings shutdown cost far more than feds have said: Where did the money go?

Authorities say they’ve recovered $59 million toward the money lost when they shut down Washington Federal Bank for Savings, but they’re still out another $81 million, records show. ....

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Four new defendants added to federal indictment alleging multi-million dollar embezzlement conspiracy resulting in failure of Chicago bank

Four new defendants added to federal indictment alleging multi-million dollar embezzlement conspiracy resulting in failure of Chicago bank
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