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Bridgeport bank failure proves costly for FDIC, a CPD officer faces dismissal and more in your Chicago news roundup - Vimarsana News

Bridgeport bank failure proves costly for FDIC, a CPD officer faces dismissal and more in your Chicago news roundup

Today’s update is about an eight-minute read that will brief you on the day’s biggest stories.

Bridgeport bank failure fallout: Washington Federal Bank for Savings CEO hid bad loans from regulators, trial shows - Vimarsana News

Bridgeport bank failure fallout: Washington Federal Bank for Savings CEO hid bad loans from regulators, trial shows

Washington Federal Bank for Savings failure trial of Robert Kowalski lays bare how CEO John F. Gembara told employees to conceal delinquent loans for millions owed by ‘friends of John.’

Bridgeport bank failure trial: Dead CEO John Gembara in spotlight as Robert Kowalski embezzlement trial begins in Washington Federal Bank for Savings failure - Vimarsana News

Bridgeport bank failure trial: Dead CEO John Gembara in spotlight as Robert Kowalski embezzlement trial begins in Washington Federal Bank for Savings failure

John F. Gembara, the late boss of Washington Federal Bank for Savings, schemed with attorney Robert M. Kowalski, prosecutors told jurors Tuesday. Representing himself, Kowalski blamed Gembara.

The latest in the failed Bridgeport bank trial, City Council elections and more in your Chicago news roundup - Vimarsana News

The latest in the failed Bridgeport bank trial, City Council elections and more in your Chicago news roundup

Today’s update is a 5-minute read that will brief you on the day’s biggest stories.

Dead CEO of Failed Bridgeport Bank in the Spotlight as Embezzlement Trial Begins - Vimarsana News

Dead CEO of Failed Bridgeport Bank in the Spotlight as Embezzlement Trial Begins

John F. Gembara, the late president and CEO of a failed Bridgeport bank who was found dead in a customer’s bedroom five years ago, took center stage Tuesday...