bank

The Roundtable
11:12 am
Mon July 9, 2012

"The Lost Bank"

Washington Mutual's collapse was the biggest bank failure in the nation's history. Why was Washington Mutual allowed to fail when other banks got bailed out? Author Kirsten Grind joins us to talk about her new book on the untold story of Washington Mutual, The Lost Bank: The Story of Washington Mutual-The Biggest Bank Failure in American History.

New England News
7:17 am
Fri June 15, 2012

Bank Sues Curt Schilling for $2.4M

A bank has sued Curt Schilling to recover $2.4 million in loans it made to the former Boston Red Sox pitcher's video game company. WAMC’s Lucas Willard reports…

The Boston Globe reports that RBS Citizens, better known as Citizens Bank, says Schilling personally guaranteed the debt to the bank but has "failed and refused" to pay it.

Schilling's 38 Studios filed for Chapter 7 bankruptcy protection last week. It laid off its entire workforce in May soon after it was late in making a $1.1 million payment to the Rhode Island Economic Development Corp.

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